Further to regulatory and legal approvals of the business combination between Access Bank Plc and Intercontinental Bank Plc, shareholders of both institutions unanimously sanctioned the business combination at their court-ordered meetings in Lagos on Friday.
Nigerian Electricity Regulatory Commission Chairman Sam Amadi stated during an interview that in order to stabilize and improve the nation’s power grid, Abuja will need to make an annual investment of roughly $10 billion into the power sector in the next decade.
President Goodluck Jonathan has commended the employment generation drive of Dangote
Group, led by its president, Alhaji Aliko Dangote, who also doubles as the chairman of the
Federal Government Job Creation committee.