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Nigeria’s biggest bank plans East Africa expansion

Bloomberg Guaranty Trust Bank Plc will consider acquisitions outside its home market as Nigeria’s biggest lender by market value seeks to expand on the rest of the continent. The Nigerian multinational financial institution, which already has offices in 10 countries outside Nigeria, is looking to East Africa for growth, Chief Executive Officer Segun Agbaje said on a call with investors ...

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Panel to cite communication failure on 737 Max certification

Bloomberg An expert panel reviewing how the Boeing Co 737 Max was certified is expected to cite a breakdown in communication following revelations that aviation regulators didn’t understand key design elements until the first of two deadly crashes of the plane. The Joint Authorities Technical Review (JATR) hasn’t found evidence that regulations weren’t followed when the jetliner was approved in ...

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Amazon opens its largest campus in India’s Hyderabad

Bloomberg Amazon.com Inc opened its largest campus building globally in the south Indian city of Hyderabad as it prepares for a furious expansion and battle with nemesis Walmart Inc in one of the world’s fastest-growing retail markets. The Seattle-headquartered company is making an ambitious push in India, the last major retail frontier still primarily reliant on small-scale neighbourhood and mom-and-pop ...

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