07/18/2016

Banks’ profit may decline by 15% in Q2

Rising bad loans due to the slow growth in the economy will drag a good number of Nigerian banks to record low profits when their financial results for the second quarter are released any time from now, findings have shown.

07/14/2016

Nigeria bank fears knock Atlas Mara

Atlas Mara, which owns at least 21% of Lagos-based Union Bank Nigeria, dropped for the fourth time in seven days in London trading on Wednesday.

07/05/2016

Tanzania Bank Enters The Kenyan Market

According to a statement issued by the CBK, it has approved an application by M Holdings Limited to form a Non - Operating Holding Company as required by law as well as a change of name from Oriental Commercial Bank Limited to M Oriental Commercial Bank L