UPDATE: One dead, 19 injured in Gwarimpa, Abuja building collapse

Published

2 months ago

February 3, 2023

One person has been confirmed dead and 19 others rescued from the rubbles of a three-storey shopping plaza building which collapsed on Thursday at 7th Avenue, Gwarimpa in the nation’s capital, Abuja.

Sayflexxyblog had reported that the structure under construction collapsed at about 10:18am at 4th Avenue close to H-Medix with many trapped.

The three-storey building which has a basement caved in on an unspecified number of workers.

The Federal Capital Territory Emergency Management Agency (FCT-FEMA) is coordinating the response.

In an update Thursday evening, the agency confirmed more than a dozen have been evacuated.

“19 persons have so far been rescued, one dead,” said Nkechi Isa, the Public Relations Officer.

“The victims have been taken to Wuse, Gwarinpa, Asokoro district hospitals, and the Federal Medical Centre.”

Some construction companies with heavy duty equipment were part of the rescue efforts, Isa added.

sayflexxyblog

See author's posts

Related Topics:Abuja Abuja building collapse

Up Next

HARDSHIP: Folarin Indicts Emefiele, APC Cabals of Sabotage Over Cash, Fuel Scarcity

Don't Miss

El-Rufai to ‘villa cabal’: We fear nobody, respect yourselves, else…

sayflexxyblog

Click to comment

Access Bank gets approval to acquire Zambia’s African Banking Corporation

Published

8 hours ago

March 24, 2023

sayflexxyblog

Access Bank gets approval to acquire Zambia's African Banking Corporation

Access Holdings, the parent company of Access Bank Plc, says its Zambian subsidiary, Access Bank Zambia Limited, has secured approval of the country’s central bank for the acquisition of African Banking Corporation Zambia Limited.

Sunday Ekwochi, the company secretary who announced the development on a statement on Friday, said the acquisition is to be completed in the third quarter of 2023.

“Further to its announcement on October 25, 2021, Access Holdings Plc (Access Holdings) is pleased to announce that Access Bank Zambia Limited (“Access Zambia”), a subsidiary of its flagship subsidiary, Access Bank Plc , has received final regulatory approval from the Central Bank of Zambia for the acquisition and merger of African Banking Corporation Zambia Limited (“Atlas Mara Zambia”) into its existing operations (‘the Transaction’),” the statement said.

“The Central Bank of Nigeria and Common Market for Eastern and Southern Africa Competition Commission had earlier granted their “no objection” to the Transaction in 2022.

“Access Zambia will now move towards integrating and merging Atlas Mara Zambia into its operations, which is expected to create one of the top five banks in Zambia .”

Commenting on the transaction, Dr. Herbert Wigwe, Group Chief Executive Access Holdings said: “The transaction builds on our earlier acquisition and merger of Cavmont Bank Plc into Access Bank Zambia and underscores our resolve to strengthen our presence in Zambia, a key African market that fits into our strategic focus on geographic earnings growth and diversification.

“The combination of the two banks will create significant synergies between Access Zambia’s world class wholesale and transaction banking capabilities and Atlas Mara Zambia’s market leading retail and public sector capabilities to form a market leading universal banking platform that will greatly impact the Zambia market”