Managers of Wealth Africa

Skye Bank to focus on retail, commercial banking

Following its acquisition of Mainstreet Bank Limited, Skye Bank Plc is to focus on retail and commercial banking in order to bring down cost of fund.

Ecobank confirms financial strength, strong governance in Africa

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has stated that the bank has the requisite financial strength and strong governance to function optimally

First Bank remains Nigeria’s top banking brand

For the fourth consecutive year, First Bank of Nigeria has been ranked number one banking brand in Nigeria by The Banker magazine of Financial Times and Brand Finance, London, United Kingdom in its 2015 ‘The Top 500 Banking Brands.’

Kenya Commercial Bank wins premier Africa Social Media Awards

KCB Group has emerged the winner for Africa’s premier social and digital media awards

FirstBank expands African footprint, unveils FBNBank in DR Congo

First Bank of Nigeria Limited, a subsidiary of FBN Holdings PLC and Nigeria’s most valuable bank brand today unveils FBNBank DR Congo

Kenya Commercial Bank wins premier Africa Social Media Awards

KCB Group has emerged the winner for Africa’s premier social and digital media awards

Ex-African Bank officer dies

Former African Bank chief risk officer Tami Sokutu, who has died in his sleep, has been hailed as a great intellectual who had empathy for the poor and was committed to improving conditions for them.

BGFI Bank of Gabon Expands to Dakar as Senegal Economy Rises

Gabonese lender BGFI Bank SA, which operates in 10 countries, plans to open in Senegal in June

Three Firms Shop for N114bn in Bearish Capital Market

Access Bank is raising the largest amount of N53 billion followed by Oando Plc,, which is raising N48 billion, while UBA is raising N13 billion.

Stanbic Bank Uganda signs $85 mln 18-month loan

Stanbic Bank Uganda has signed to obtain an $85 million, 18-month loan which will fund the bank's general business activities

UBA Enters Southern Africa, Opens Angolan And South African Branches

United Bank for Africa CEO Phillips Oduoza, said the board of directors had long been preparing an expansion phase for Southern Africa.

UBA Enters Southern Africa, Opens Angolan And South African Branches

UBA is a large financial services provider in Nigeria

Finally, AMCON Transfers Mainstreet, Enterprise to Skye, Heritage Banks

Also, the Chairman of AMCON, Alhaji Kola Belgore, disclosed that the bridged banks had been restored to financial solvency

Ethiopia Contemplating Merger Two State-Owned Banks

The bank’s total expense during the period in question has also climbed by a whopping 122 percent

Bank from Nigeria wants to expand to Angola

The United Bank for Africa Plc plans to expand to Angola and South Africa as the Nigerian economy

UBA to expand operations to South Africa and Angola

The Chief Executive Officer of United Bank for Africa Plc Phillips Oduoza has revealed that the bank will soon expand its operations to Angola and South Africa as the economy of Nigeria, its largest market, is hit by falling crude oil prices.

BoI Signs MoU on SME Financing with Banks

The others are Access Bank Plc, First Bank Nigeria Limited, Skye Bank Plc, Stanbic IBTC Bank and Standard Chartered Bank Limited.

Standard Chartered Sees Africa Future Amid Branch Network Review

Standard Chartered said last year it may close 80 to 100 out of more than 1,200 branches globally

Nigeria: UBA to Expand Operations to Angola, South Africa

Nigeria is struggling to cope with crude prices that plunged by more than half in the past six months.

South AFfrica: Deutsche Bank restricts German retail services

The client says they were contacted by their banker late last year with the news that Deutsche Bank in Germany will from January 1, 2015 no longer accept investments from any customer who currently resides in South Africa, whether they are German citizens

Retail Banking