08/01/2023
The recognitions celebrate the bank’s tremendous feats and milestones in financial performance, financial inclusion, corporate governance and sustainability a statement by the bank said.
07/28/2023
Customers at Standard Chartered meanwhile face interest rates of as high as 16.5 percent after the lender changed its base lending rate to 10.5 percent from 10 percent previously, effective from August 5.
07/27/2023
Undoubtedly, these SMEs are the key drivers for Africa’s economic growth, as they create jobs, generate prosperity while eliminating poverty across the continent.
07/27/2023
Its expansion seeks to enhance its retail business and financial services convenience for customers.
07/24/2023
The African Development Bank and the Asian Development Bank finalize a groundbreaking $1 billion exposure swap, aimed at releasing more sovereign lending headroom and strengthening the African bank's capital adequacy measures.
07/21/2023
Euromoney is a widely respected global financial media conglomerate that covers global banking, macroeconomics, and capital markets, including debt and equity.
07/17/2023
A total of 5,246 billion shares worth N63.417bn were traded in 57,234 deals by investors on the floor of the Exchange last week, compared to a total of 9,831 billion shares valued at N145.408bn that exchanged hands last week in 54,478 deals.
07/14/2023
The deepening of the domestic capital markets will further allow companies to access the equity financing they need to grow their businesses.
07/14/2023
The improved liquidity has been attributed to government spending at the start of the new financial year through payments to contractors and disbursements to counties and ministries.
07/13/2023
People often resonate during difficult times than when there’s joy. And we felt the need to get close to the race because we understand that without funding the race would not go on.
07/12/2023
Xhuma’s wide feature set eliminates the need for multiple apps, thereby simplifying financial transactions, and even introduces fun features like personalized GIFs and stickers that are linked to instant money transfers.
07/11/2023
The development comes after Otudeko staged a comeback with his 13.3 percent stake in FBNH after snapping up 4.7 billion shares through Barbican Capital
07/10/2023
Union Bank of Nigeria as of the 2022 financial year litigations stood N1.497trillion from N1.98trillion in 2021.
07/04/2023
“IFC remains resolute in our commitment to sustain the momentum and support the private sector to scale up its efforts for a more gender-balanced, prosperous future.”
07/03/2023
CBK data show that the shilling has depreciated by 13.9 percent against the US dollar since the start of 2023 and is now exchanging at 140.52 units to the greenback.
07/03/2023
Discovery Bank, FNB and African Bank also said they were searching for those with STEM and IT skills among their employees.
06/30/2023
With its subsidiaries across the FirstBank Group, FirstBank has continued to play a leading role in boosting cross-border businesses
06/30/2023
Relevant changes are expected to be published for public consultation during the upcoming financial year.
06/29/2023
The provision is accessible to both Safaricom post-pay customers with a data balance of 5GB and above as well as to prepaid customers with ‘no expiry’ bundles above 5GB.
06/29/2023
The stock of bad loans rose from Sh487.7 billion in December to close April at Sh570.6 billion, with the worsening of the NPLs ratio in May pointing to a further rise in non-payments.