03/05/2019
Eskom’s Shweni admits to misleading Reserve Bank
The signing of a Huarong-Ideva transaction was pushed by former Eskom chief financial officer Anoj Singh and then interim CEO Sean Maritz.
Retail Banking
03/05/2019
Access, Diamond to support women entrepreneurs
It said the event has a theme, ‘Balance for better’.
03/04/2019
UBA Group Launches Full Banking Operations in the UK
The formal launch is a sequel to the authorization of the Prudential Regulation Authority(PRA) and the Financial Conduct Authority(FCA) for UBA UK Limited to carry out full-scale wholesale banking across the United Kingdom.
03/04/2019
Omnibank, Sahel Sahara complete merger to become “OmniBSIC”
The theme of the merger is “Together we give you more”.
03/04/2019
People's Bank of Zanzibar goes live on ICS Banks
The People’s Bank of Zanzibar will now enjoy banking on our modern banking technology platform
03/01/2019
The 10 coolest bank CEOs in Nigeria
Business Insider Sub-Saharan Africa by Pulse takes a delve into the lives and work of Nigerian Bank CEOs who are doing excellently well in the financial space.
02/28/2019
NBK nets Sh2.5bn from its wealthy customers
Managing director Wilfred Musau said the niche has become core for the lender’s growth, making it crucial to use strategic approaches to address changing needs of such clients.
02/28/2019
KDIC finalise fortune liquidation
Another 17 banks are at different stages of the compensation process, including Chase and Imperial Banks.
02/27/2019
Jo'burg agency says CBA merger to drag earnings
According to GCR, potential increases in asset and liability exposure concentrations may also be an issue
02/25/2019
RBZ ring-fences pension values
Numerous pensioners found their contributions eroded overnight, as pension companies claimed that savings had been wiped out by hyperinflation.
02/25/2019
Standard Chartered’s Digital Retail Bank Begins Operations in Ghana, Tanzania
Customers will also benefit from over 70 client services, as well as a client onboarding experience in under 15 minutes.
02/25/2019
FirstBank rewards customers with cardless financial transactions
To carryout Visa on mobile (QR) payment, the customer opens the mobile app (Firstmobile), selects pay with QR code, scans the displayed QR code at the merchant location after which the merchant’s detail is displayed for a validation and enters the t
02/22/2019
MCB Group plans to enhance business in Kenya
MCB Group is an integrated banking and financial services player, offering a comprehensive range of tailored and innovative solutions to its retail, corporate and institutional clients.
02/22/2019
Nigeria’s Access Bank targets $41 million in Africa’s first corporate bond issuance
Access Bank Plc set to issue the first corporate green bond in africa
02/22/2019
Governors must drop bid to buy bank
This is because the deposits they mobilise from their customers are basically short-term in nature.
02/22/2019
NIC opens branch in Zanzibar ahead of merger with CBA
CBA shareholders will own 53 per cent of the merged business with NIC Bank while NIC Bank shareholders will own 47 per cent.
02/20/2019
Unity Bank Bags CBN’s Award
Receiving the award, the Unity Bank’s Regional Manager, Dutse, Mr. Mustapha Idris Baba, commended the CBN for the recognition accorded the Bank, which he said was a “testament to the bank’s growing franchise as a retail bank of choice as
02/20/2019
Sterling Bank Lists N33bn Bonds On NSE, FMDQ
Under the new business strategy, Sterling Bank will build expertise in the sectors that at its heart.
02/19/2019
Diamond, Access Bank set to delight customers
Head, Retail Banking, Diamond Bank, Robert Giles, said, “as we come together to be stronger, we are using the ‘season of love’ to show our customers that we are here for them to help achieve their goals.
02/19/2019
BADEA, Sterling Bank sign $65m loan deal
The statement said, “This second line of credit is aimed at bringing Arab goods and products to Nigeria by re-lending its resources to beneficiaries in the country.