01/25/2019

Africa: Access bites big and fast with Diamond

The merger, if approved by shareholders and regulators, would create Africa’s largest bank by customers – 29 million – and Nigeria’s largest bank by assets, ahead of long-term leader Zenith Bank.

01/18/2019

RMB Forecasts Sluggish Loan Growth

The aggregate loan book of Nigeria’s banking system is concentrated in two key sectors – services (37%) and oil and gas (23%), together accounting for 60 per cent of the sector’s loan book, though varying across banks, the report stated.