Bamidele Ogunwusi

Nigeria

Finance Editor at Independent (Nigeria)

Bamidele Ogunwusi is a financial journalist currently with Independent Newspapers. A great believer in the Nigerian project and an incurable optimist

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Articles

Access Bank Acquires National Bank Of Kenya | Independent Newspaper Nigeria

1 week ago | independent.ng | Bamidele Ogunwusi

Access Bank, a subsidiary of Nigeria’s Access Holdings PLC, has secured approvals from the Central Bank of Kenya (CBK) and Kenya’s National Treasury and Economic Planning for the acquisition of 100 per cent shareholding of the National Bank of Kenya (NBK). Access Bank is acquiring NBK through the purchase of NBK shares from KCB Group PLC, which had held full ownership of the bank since 2019.
Access Holdings Posts N642.2bn Profit, N4.878trn Earnings In FY2024

1 week ago | independent.ng | Bamidele Ogunwusi

Despite inflationary and macroeconomic challenges, Access Holdings PLC, a leading African financial services group, has posted an impressive performance in its audited financial results for the full year ended December 31, 2024. The group delivered 88 per cent year-on-year growth in gross earnings, rising from N2.594 trillion in 2023 to N4.878 trillion in 2024.
How FMN PFI Drives Sustainable Food Systems In Nigeria

1 week ago | independent.ng | Bamidele Ogunwusi

Innovation is the backbone of sustainable food systems, and for four years, the FMN Prize for Innovation (PFI) has been at the forefront of championing groundbreaking ideas in Nigeria’s agricultural sector. Launched by Flour Mills of Nigeria Plc (FMN), the PFI initiative identifies and supports visionary entrepreneurs who are transforming food production, processing, and distribution.
MTN Extends Application For Media Innovation Programme To April 12

1 week ago | independent.ng | Bamidele Ogunwusi

In a welcome turn of events for journalists, broadcasters, and content creators across the country, MTN Nigeria has announced the extension of the application deadline for its highly coveted Media Innovation Programme (MIP) to April 12, 2025. Originally slated to close on April 7, 2025, the new deadline provides additional time for a wave of aspiring applicants eager to join the next generation of media changemakers.
How To Deal With Debt’s Downside- IMF F&D

2 weeks ago | independent.ng | Bamidele Ogunwusi

Mounting debt in developing economies is a growing concern. Some countries, including Sri Lanka and Zambia, have already declared that they cannot service their debts and have sought international assistance. Many others face onerous debt service obligations amounting to several percentage points of GDP. Debt is a blessing and a curse.
‘Nigeria’s $6.83bn BOP Surplus Signposts Economic Resurgence’

2 weeks ago | independent.ng | Bamidele Ogunwusi

…Net Acquisition Of Financial Assets Hit $12.12bn — CBN The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BoP) surplus of $6.83 billion in 2024, a sharp reversal from deficits of $3.34 billion in 2023 and $3.32 billion in 2022, saying this signals that the Federal Government reform efforts are bearing fruit. The turnaround reflects the impact of far-reaching reforms, improved trade performance, and a modest resurgence in investor confidence.
Akinmolayan Unveils Game-Changing Tech To Transform Nollywood

2 weeks ago | independent.ng | Bamidele Ogunwusi

Whether you are a die-hard enthusiast or a casual fan of Nollywood, certain questions are bound to surface. How do you organize an industry fueled by passion and dreams but lacking in structure? How do you rebuild trust in a space that, despite being the world’s second-largest content producer, still struggles with professionalism and ethical standards?
ISB 2025 Will Strengthen Capital Market Operations - SEC

3 weeks ago | independent.ng | Bamidele Ogunwusi

BAMIDELE OGUNWUSI In a significant advancement for capital market regulation in Nigeria, President Ahmed Bola Tinubu GCFR has officially assented to the Investments and Securities Bill (ISB) 2025. This new legislation repeals the Investments and Securities Act No. 29 of 2007 and introduces the Investments and Securities Act (ISA) 2025, providing a comprehensive overhaul of the country’s capital market framework.
Minister Commends Ecobank, Other Sponsors For Supporting Emerging Artists

3 weeks ago | independent.ng | Bamidele Ogunwusi

e Minister of Art, Culture, and Creative Economy, Hannatu Musa Musawa, has emphasised the need for a stronger partnership between the private and public sectors to sustain and elevate Nigeria’s thriving art industry. She highlighted the crucial role of corporate organizations and cultural institutions in fostering artistic growth, acknowledging that sustained investment in the creative sector is essential for its long-term success.
Unveiling Bashir Bayo Ojulari, New NNPC Group CEO

3 weeks ago | independent.ng | Bamidele Ogunwusi

President Bola Tinubu early this morning appointed Engineer Bashir Bayo Ojulari to replace Mele Kyari as the Nigerian National Petroleum Company (NNPC) Limited Group Chief Executive Officer (CEO). Presidential spokesman Bayo Onanuga, in a statement, said Tinubu also sacked the NNPCL board chairman Chief Pius Akinyelure who was replaced by Ahmadu Musa Kida. Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023.