Managers of Wealth Africa

Quest Merchant Bank strengthens position with stable rating

The rating agency also highlighted the bank’s strong presence within Nigeria’s merchant banking sector

South African retail giant loses R19.7 billion in five months

Clicks reported group turnover growth of 7.4% to R24.9 billion, while diluted headline earnings per share increased by 8.1% to 652.8 cents.

Full List: 10 Biggest Commercial Banks in Nigeria by Assets in 2026

Data released from banks' financial statements and NGX filings indicated a sustained increase in total assets for the top 10 listed banks, showing overall growth in the balance sheets of these financial institutions.

Reserve Bank hikes interest rates by 25 basis points

Four of the six members of the MPC called for the hike, while two called for rates to remain as they are.

Absa Bank empowers businesses to navigate market risks

The seminar featured expert-led presentations from Absa’s Markets team, offering participants valuable insights into current macroeconomic trends and practical strategies for managing foreign exchange, inflation, and interest rate risks.

Standard Bank beats Capitec and FirstRand in historic $91 billion South African banking race

The combined value of South Africa’s top three banks has now crossed $91 billion, reflecting rising investor confidence in African finance.

United Bank for Africa:Sustaining Stronger Regional Growth

Also operating in the United States, United Kingdom (UK), France, and United Arab Emirates (UAE), the group’s pan-African operations continue to be a major growth driver, contributing over 50 per cent of total assets, revenue, and profit.

Bank of Mozambique: Required Bank Reserves Increased by 7.5%

During the first half of that year, the Bank of Mozambique implemented two successive increases to absorb excess liquidity and limit inflationary pressures.

New bank coming to South Africa with thousands of branches

Pepkor noted that it submitted a section 16 application at the end of March 2026, which, if approved, would enable it to become officially registered as a bank.

Top 7 highest paid Nigerian bank CEOs in 2025

That earnings boom filtered directly into executive compensation.

FirstBank, Visa expand premium card portfolio with Visa Signature launch

Designed for Nigeria's affluent segment, Visa Signature unlocks world-class benefits through Visa's global network across travel, lifestyle, and premium merchant offers.

Diamond Trust Bank Kenya’s Q1 Profit Surge Raises Trading Prospects

Diamond Trust Bank Kenya's Q1 profit hits record high, impacting NSE and trading strategies.

Standard Bank uCount, FNB eBucks also boost fuel rewards

Both rewards programmes offer a temporary 50% increase on fuel earn rates…

Stanbic Bank eyes district expansion in Upper West as credit conditions improve

Mr Asomaning noted that while the bank is seeing increased interest from businesses and individuals, it remains cautious to prevent clients from taking on debt

UBA pushes Africa growth agenda at Nairobi summit

A statement from the bank on Tuesday stated that French President Emmanuel Macron, speaking at the Summit, called for a renewed Africa–France partnership anchored on innovation, investment, and shared prosperity.

Big changes hitting bank branches across South Africa

Nedbank said that consumers favour physical interactions, especially for complex transactions and when opening accounts.

FUGAZ provision N2.36 trillion, as bad loans mount in 2025

This represents a 64% YoY growth and marks the highest provision on loans and advances to customers in the last three years.

Zenith Bank gets buy rating as CardinalStone projects stronger earnings

At the current price of N129 per share, Zenith Bank is projected to reach or surpass a target of N151.80 by FY2026, supported by improving fundamentals.

Top African Bank execs exodus worrisome

Bank denies rumours that it is running on autopilot, saying it has a strong exco

Big plans for South African bank being bought for R1.1 billion

The bank is highly focused on security, with no card fraud since its launch.

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