The management of Access Bank Plc has announced the relocation of its head office from Danmole Street in the Victoria Island axis of Lagos State to another location in the commercial city.
The bank made this known in a disclosure notice sent to the Nigerian Stock Exchange (NSE) on Thursday.
The notice, signed by Sunday Ekwochi, the company secretary, stated that the new headquarters would be on No 14/15, Prince Alaba Oniru Road, Oniru, Lagos.
The bank said this relocation would be effective from month end.
“Access Bank Plc wishes to notify the Nigerian Stock Exchange (NSE), its shareholders and the general public of the change of the bank’s registered head office address from Plot 999c, Danmole Street, Victoria Island, Lagos to No 14/15, Prince Alaba Oniru Road, Oniru, Lagos,” the bank said.
The notice urged the NSE and the stakeholders to “kindly amend your records accordingly.”
Access Bank has operated from its head office on Plot 999c, Danmole Street, Victoria Island, Lagos for almost a decade.
In 2012, the bank relocated from its former Corporate Head Office in Oyin Jolayemi Street to former Intercontinental Bank Plc Headquarters at Plot 999C, Danmole Street also in Victoria Island, Lagos.
The decision came after the bank announced a merger and acquisition deal with the defunct Intercontinental Bank plc.
Access Bank said at the time that the new Corporate Office at Plot 999C; Danmole Street would provide the bank with enlarged space and enhanced capacity to deliver excellent service to its stakeholders.
In December 2018, the management of Diamond Bank announced its merger with Access Bank.
“The proposed merger would involve Access Bank acquiring the entire issued share capital of Diamond Bank in exchange for a combination of cash and shares in Access Bank via a Scheme of Merger. Based on the agreement reached by the Boards of the two financial institutions, Diamond Bank shareholders will receive a consideration of N3.13 per share, comprising of N1.00 per share in cash and the allotment of two (2) New Access Bank ordinary shares for every seven (7) Diamond Bank ordinary shares held as at the Implementation date,” the bank said at the time.
Access bank has since taken over Diamond Bank.
In April 2019, following the acquisition, Diamond Bank was delisted from the trading platform of the Nigerian Stock Exchange (NSE).
Januworry has passed, but this time of the year can still be financially straining. So, if you’re looking for ways to save cash, try supplementing your social outings with DStv and enjoy first-class entertainment for the whole month.
Sunday Movie Night: How High
Weekend date nights do not need to be spent outside of your four walls. Instead, why not use a comedy movie as an excuse to have a laugh with your better half and cuddle up? In this 2001 comedy, two college friends decide to smoke something magical, which eventually helps them pass their college entrance exam guaranteeing them a place the prestigious, Harvard University.
Catch the comedy and parody on Sunday the 16th February, on BET (DStv Channel 139) at 07:00 WAT.
Dining: Masterchef Australia
Forget eating out! Rather, stay in and learn how to make your own gourmet meals with Masterchef Australia. After just one episode you’ll feel confident enough to take on professional chefs like Gordon Ramsay – or cook him a meal he won’t yell at, at least.
Watch season 11 of Masterchef Australia, weekdays on M-Net (DStv Channel 101/102) at 05:00 WAT.
Soccer matches: Barcelona vs Getafe
Skip the pub and enjoy the soccer from the comfort of your home with your mates. You might have to splurge a little on snacks, but when you watch FC Barcelona host Getafe, it will be well worth it.
Catch the top of the table clash on Saturday, 15 February on SuperSport 7 at 04:00 WAT.
Baking: Extreme Cake Makers
Do you find yourself spending unnecessary money on sweet delicacies? Why not try your hand at doing it yourself! Aspiring bakers can find all sorts of inspiration on Extreme Cake Makers to impress friends and family with some home-baked treats like a delicious cake.
Watch Extreme Cake Makers weekdays on Lifetime (DStv Channel 131) at 10:55 WAT.
Clubbing: 30 African Hit
Feel like dancing the night away? Ain’t nobody got time for queues or people pushing into you! Instead, switch on Trace Africa and crank up the volume to the lineup of the top 30 songs in Africa and turn your living room into your own nightclub.
Put on your dancing shoes every Wednesday and switch on TraceAfrica (DStv Channel 326) at 07:00 WAT.
Download DStv Now to catch your favourite shows remotely wherever you are. Don’t forget to get the MyDStv App to manage your account from the comfort of your home.
Be sure to also check out DStv’s ‘Step Up’ offer which gives customers access to a higher package when they pay their subscription on time.
Supreme Court nullifies Bayelsa gov-elect, Lyon’s election
In less than 24 hours to swear-in, the Supreme Court has nullified the election of Bayelsa State governor-elect, David Lyon and his running mate, Biobarakuma Degi-Eremienyo.
A five-man panel of the apex court led by Justice Mary Peter-Odili on Thursday ordered the Independent National Electoral Commission to withdraw the Certificate of Return issued to the All Progressives Congress’ candidates as the winners of the November 16, 2019 governorship election in the state.
The apex court ordered INEC to issue fresh certificates to the candidates of the party with the next highest votes and with the required constitutional spread of votes in the results of the election, which are the Peoples Democratic Party’s candidates.
Justice Ejembi Ekwo, who read the lead judgment of the apex, made the orders after disqualifying the APC’s deputy governorship candidate, Degi-Eremienyo, as a candidate in the election.
The court upheld the November 12, 2019 judgment of the Federal High Court in Abuja which had disqualified Degi-Eremienyo in the election for submitting forged certificates to INEC.
The court ruled Degi-Eremienyo’s disqualification had infected the joint ticket with which he and the governorship candidate, Lyon, ran for and won the November 16, 2019 election.
Managing Director, First Bank Nigeria, Dr. Adesola Adeduntan gives a concise detail on the benefits of recapitalization, the process, and technology used in revamping the credit risk architecture of First Bank of Nigeria to attain a reduced NPLs ratio in 2019. He further explained why First Bank of Nigeria supports the governmental policies of SDGs and the long term plans of the Bank to be African’s first choice bank.
Fidelity Bank, Gazelle Academy have partnered to train over 200 undergraduates in Sokoto State.
According to the lender, this is in line with its quest to create a veritable platform for building an entrepreneurial spirit in the country’s teeming youths. The bank said it has expanded the scope of the Fidelity Youth Empowerment Academy (YEA) in a bid to accommodate new areas of vocational training.
On February 10, 2020, the bank in strategic partnership with Gazelle Academy commenced the seventh edition of the highly successful YEA at the Sokoto State University (SSU), Sokoto. Apart from the typical training on tailoring and make-up, participants will also be provided with requisite skills and first-hand knowledge in Fashion Designing, Cloth Embellishment, Cocktail and Phone Engineering among others.
Over 200 undergraduates of Sokoto State University (SSU) will benefit from this programme. So, why does the bank invest in young people? When the Fidelity Bank says, “turn your passion into a pay cheque”, that’s a message of empowerment. As a bank, it recognises that the youth look at the world with fresh eyes and such lively determination, and create much-needed change by throwing convention out the window. That’s why the bank, through its laudable interventions, continues to develop innovative programmes that unleash the creative energies of Nigerian youths which in turn represents formidable new frontiers for sustainable national development, says Fidelity Bank MD, Nnamdi Okonkwo.
YEA is a skills acquisition, training and productivity improvement scheme targeted at youths, especially undergraduates in Nigeria’s higher institutions. This empowerment programme, which is part of the Bank’s Corporate Social Responsibility (CSR) initiatives, is primarily targeted at creating a new breed of entrepreneurs amongst Nigeria’s boisterous youth population.
Over 3,000 students have benefited from YEA programs at University of Nigeria, Nsukka; Waziri Umar Federal Polytechnic, Birnin-Kebbi; Federal Polytechnic Oko, Anambra State; Rivers State University of Science and Technology, Port Harcourt; Bayero University, Kano and Nnamdi Azikiwe University, Awka.
Some beneficiaries who have since started their own businesses were recognized at the event. Fidelity Bank has also provided students with high-quality sewing machines, pressing irons and make-up kits to make sure that undergraduates utilise the skills and experiences garnered at the youth empowerment workshop to improve their lives before and after graduation.
In essence, the Bank has succeeded in making entrepreneurs out of students who will be financially responsible and independent. Through this programme, the Bank has earned a significant measure of goodwill with state and local governments that have in some cases translated to a business relationships and have contributed to the Bank’s bottom line.
Court grants Agba Jalingo bail.
Agba Jalingo, a Nigerian journalist on trial for treason, has been granted bail by the court, after spending 174 days in detention in both the police cell and Calabar prison.
Mr Jalingo, the publisher of CrossRiverWatch, was arrested on August 22, 2019, over a report alleging that Cross River State governor, Ben Ayade, diverted N500 million belonging to the state.
Justice Sule Shuaibu of the Federal High Court, Calabar, on Thursday granted the journalist N10 million bail, following an application from his lawyer, Attah Ochinke.
The court asked that those standing as surety for the journalist must make a refundable deposit of N700,000 to court registry to perfect the bail.
Mr Jalingo was earlier denied bail twice by another judge, Simon Amobeda, who recently withdrew from the case after a secret recording where he (Amobeda) allegedly made some “biased” remarks against Mr Jalingo, was leaked to the press late last year.
Mr Amobeda is also a judge of the Federal High Court, Calabar.
Mr Jalingo’s case is prosecuted by the Cross River government which took over the case from the police. On the prosecution team were led the Attorney General of Cross River state, Tanko Ashang, and the Director of Public Prosecution in the state’s Ministry of Justice, Greg Okem.
The Nigerian Government has amended the charges brought against rights activist and journalist, Omoyele Sowore, by dropping money laundering and cyber-stalking from the case.
Counsel to the government, A. Aliyu, informed Justice Ijeoma Ojukwu of the Federal High Court, Abuja, of the development on Wednesday during the resumption of trial, which was later adjourned until Thursday to accommodate the new charge against the defendant.
As a result, the Nigerian Government is now accusing Sowore of attempting to overthrow the administration of President Muhammadu Buhari through revolution.
The fresh charge reads, “That you Omoyele Stephen Sowore, Olawale Adebayo Bakare and others at large under the aegis of Coalition for Revolution sometimes in August 2019 in Abuja, Lagos, and other parts of Nigeria within the jurisdiction of this honourable court did conspire amongst yourselves to stage a revolution campaign on the 5th day of August 2019 tagged #RevolutionNow aimed at removing the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria during his term of office otherwise than by constitutional means.”
Recall that the government through the Department of State Services had on August 3 and 5, 2019 respectively arrested Sowore and Bakare in Lagos and Osun states for calling on Nigerians to take to the streets in peaceful demonstrations to demand a better country from the administration of President Buhari.
They were eventually released on bail in December after months of unlawful detention.
During proceedings on Wednesday, Justice Ojukwu ordered the Nigerian Government to pay Sowore and Bakare N200,000 each for the unnecessary delay in their trials.