Managers of Wealth Africa

FCMB Group Plc records N15.4 billion in Profit Before Tax for H1 2022 – a 73% Year-on-Year Growth.

Operating expenses grew 19.1% Year-on-Year to ₦57.1 billion in the first six months of 2022

Wema Bank Impresses With 42% Rise in Half-Year Profit

Our performance has shown strong and promising results in the second quarter.

Fidelity Bank deepens Exporters capacity in Abuja

The well attended capacity development programme also feature insightful discussions facilitated by officials of the Central Bank of Nigeria (CBN), Nigerian Customs Service (NCS) as well as excursions and networking sessions.

Zayed Dean of the AfDB Group Board of Directors

Comes in line with Egypt assuming Chairmanship of the Bank Group’s Board of Governors for one year

The biggest risk to South Africa right now, according to Absa

Peter Worthington, a senior macroeconomist at Absa, said that obstacles in the form of weak bureaucracy – that prevents aggressive reform – exposes big downside risks in the country.

Standard Bank Projects 3.9% Annual Growth in Mozambique Between 2022 and 2025

According to Fáusio Mussá, the infrastructure deficit remains a barrier to investment that “cannot be neglected”.

Access Bank, Visa to Reward Customers

Senior Retail Advisory, Access Bank, Robert Giles, also said the bank is pleased to partner with Visa to bring the biggest event in the world closer to her customers.

Fidelity Bank Launches Apprenticeship Support Initiative

The scheme, which would be executed under its Her Fidelity Proposition, would commence with a two-months’ fashion and design training for young-women in Kano State.

12 Banks’ Net Interest Margin Shrink on Cost of Funds, Assets Yields

Out of 12 banks observed by THISDAY, 10 Deposit Money Banks reported decline in NIM in 2021 financial year.

Ecobank extends remittance services to business accounts

The bank is also working to enlist other International Money Transfer Operators for a more robust remittance offering.

These 7 African countries have the highest number of commercial banks

Commercial banks are the leading types of banks around the world, be it in terms of number/availability, asset size and profitability.

Bank of Ghana pausing to observe after cycle of rate hikes

"The (bank) was of the view that it will appropriate to pause and observe the impact of the recent monetary policy measures already taken,"

Access Bank Secures US-DFC $280m Financing for On-lending to SMEs

Nathan noted that the loan proceeds would be on-lent across more than a dozen sectors in the Nigerian economy, with specific focus on women-owned SMEs, and on loans with longer tenors, which will provide more flexibility to borrowers.

QNB launches direct remittance service to Philippines through RippleNet

QNB’s latest first-to-market solution complements the Bank’s efforts to improve cross-border payments, upholding its leadership position in Qatar in the sector of money transfer.

Standard Chartered Acts as Lead Issuing House for Dangote’s Debut Bond

Dangote Industries is one of the leading, diversified and fully integrated conglomerates with operations in Nigeria and Africa with 11 distinct business lines, with the cement, sugar and salt business currently contributing the majority of the group earni

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