10/31/2019
Moi family-linked Transnational Bank sold to top Nigerian lender
Transnational’s ownership is associated with associates of former President Moi
Retail Banking
10/31/2019
Nigeria’s Access Bank Plans to Open in Four African Nations
The institution plans to be present in 22 African countries, according to a presentation on its website. It currently operates in Sierra Leone, Gambia, Congo, Ghana, Nigeria, Rwanda and Congo.
10/31/2019
Why desire to go continental could break banks’ safes
Struggling retailer Choppies is also said to have bought an eight-seater jet as part of its plans to make access to their branches easier and convenient.
10/29/2019
Ecobank’s unaudited 9 months’ financial report shows 4% profit growth
The reported figure is N109.4 billion which is higher than N96.3 billion reported during the comparable period last year.
10/29/2019
Access Bank to acquire Kenya lender Transnational Bank
The Transnational Bank acquisition comes at a time when consolidation efforts in the Kenyan banking industry are gathering pace.
10/29/2019
Absa report suggests African markets improving
David Marsh, co-founder and chairman of OMFIF, said the organisation had received feedback that countries are making policy based on the previous two years of the report, in the aim of improving their overall position and attracting more investment.
10/29/2019
Big Five lose ground in banking sector
The Small Five are led by Bank Gaborone and First Capital Bank.
10/29/2019
A Nigerian Bank Which Startled Many With Surprise Acquisition Is Set To Do The Same In Kenya
Access Bank’s visionary CEO, Herbert Wigwe, has previously mentioned that the bank is pushing ahead to create Africa’s biggest retail institution and a formidable global powerhouse.
10/28/2019
FBNQUEST Merchant Bank Supports Professionalism For Women In Banking
The Association's existence has signpost innovation and pace-setting activities and programs", as well as consistently contributed "to the academic growth and development of Nigerian youths and empowerment of Women through Workshops, Semina
10/25/2019
Kenya’s NCBA Bank to boost presence in West Africa to achieve pan African dream
NCBA Bank, which is the third-largest banking institution in east Africa in terms of assets, hopes to roll out its innovative digital financial products across the African continent.
10/25/2019
Firstbank wins ‘Best Private, Retail Bank in Nigeria’ award
These awards are dedicated to Nigerians, especially our customers for their patronage and trust in our services over the last 125 years.
10/25/2019
Equitel credits 16pc growth to merchants
The number of EazzyPay transactions has grown, suggesting the sizes of transactions are increasing and the country is accepting the risk of digital money.
10/25/2019
Barclays Bank Moçambique is renamed Absa Bank Moçambique
The group is listed on the Johannesburg, South Africa Stock Exchange
10/25/2019
FirstBank celebrates top performing Firstmonie Agents nationwide
During the award ceremony, the bank will be recognising top-performing Agents at National, Regional, and State levels.
10/24/2019
Non-interest income, customer deposits grow as UBA announces 32.3% profit after tax
Customer deposits also grew to N3.37trillion.
10/24/2019
Zenith Bank grows profit
Our retail and corporate banking franchises continued its momentum with customers’ deposits growing by seven per cent
10/23/2019
FirstBank is Best Private Bank
The bank’s Chief Executive Officer, Adesola Adeduntan, said: “These awards are dedicated to Nigerians, especially our customers for their patronage and trust in our services over the last 125 years.
10/23/2019
GTBank Ghana adjudged Customer Experience Bank of the Year
"Our customers are the reason why we are in business.”
10/22/2019
UBA grows nine-month profit to N81.6bn
The Chairman, UBA, Mr Tony Elumelu, said at the bank’s annual general meeting in April this year that the group was set to change the narrative of banking and would thus strengthen the earnings growth trajectory through its positive contribution in
10/22/2019
South Africa's Standard Bank cuts value of ICBCS stake as market worsens
Standard Bank has impaired the value of its 40% holding in ICBC Standard Bank to $220 million from $383 million as of September end, the biggest African bank by assets said.