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Four of the tier-1 banks in the country, FBN Holdings, Access Holdings, Guaranty Trust Holding Company Plc and United Bank for Africa Plc have indicated plans to raise about over $3.03bn (N3.46tn) in fresh capital. This came barely one month after the Central Bank of Nigeria directed Deposit Money Banks to recapitalise.
For the fourth consecutive year, Françoise Bettencourt Meyers, heiress to the L’Oréal fortune, holds the title of the world’s richest woman in 2024. Meyers experienced a significant increase in her fortune over the past 12 months, with her net worth climbing to $99.5 billion, marking the largest gain among women on the 2024 list. However, she falls short of joining the esteemed $100 billion club. This year’s Forbes’ World Billionaires […]
Emilio Nsue scored the first Africa Cup of Nations hat-trick since 2008 as Equatorial Guinea beat Guinea-Bissau 4-2 on Thursday to close in on a place in the last 16. Nsue opened the scoring midway through the first half before a sparse crowd at the Ebimpe Olympic Stadium and added two more goals in the second half in a remarkable performance. The result leaves Equatorial Guinea, who held Nigeria 1-1 […]
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