01/26/2015
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.
01/26/2015
The others are Access Bank Plc, First Bank Nigeria Limited, Skye Bank Plc, Stanbic IBTC Bank and Standard Chartered Bank Limited.
01/26/2015
Standard Chartered said last year it may close 80 to 100 out of more than 1,200 branches globally
01/25/2015
Nigeria is struggling to cope with crude prices that plunged by more than half in the past six months.
01/23/2015
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
01/22/2015
Guaranty Trust Bank Plc, has been awarded ‘Best Corporate Governance, Africa’
01/19/2015
The Sun also congratulated Mr. Onasanya for the Bank’s big ticket transactions in the course of the year, especially the issue of a USD 450 million subordinated Tier 2 debt, the largest subordinated Eurobond ever issued by any Nigerian financial ins
01/19/2015
Analysts have called for merging of troubled banks to save them from total collapse in the wake of liquidity problems threatening survival of the undercapitalized banks.
01/15/2015
Diamond Bank Plc on Wednesday disclosed that Igwe Nnaemeka Achebe has retired as the Chairman of its Board of Directors.
01/13/2015
Banks in Zimbabwe cut 1,000 jobs last year, eliminating one post out of every six in the southern African country’s banking industry
01/12/2015
The three banks were nationalized for not being able to complete their recapitalization within the period fixed by the Central Bank of Nigeria.
01/07/2015
Philip Oti-Mensah, Managing Director, Union Savings and Loans, says his outfit intends to become an industry leader this year
01/07/2015
Several years back this newspaper published a cover story showing that of the 20 or so commercial banks in the country only about three had a Ugandan managing director
01/03/2015
Steward Bank a banking subsidiary of Zimbabwe’s Telecoms giant Econet Wireless Limited recently announced a move to reduce its branch network whilst introducing Zimbabwe’s first Agent banking model
12/17/2014
The Leadership Annual Awards recognizes achievers in banking, business, politics and government, entertainment and sports.
12/15/2014
National Bank of Canada bought a 9.5 percent stake in Mauritius-based AfrAsia Bank Ltd., its first African investment.
12/15/2014
Nedbank Namibia managed to build a bank worth over N$11 billion in total assets as at the end of October and on 5 December opened a new branch at Westlane Shopping Centre.
12/10/2014
Absa, Nedbank and Standard Bank have released their fee structures for 2015 - here is what you can expect to pay on some key transactions.
12/09/2014
The Bank of Ghana has approved the acquisition of ProCredit Ghana by Fidelity Bank.
12/08/2014
The Chairman of ETI, Emmanuel Ikazoboh, who made the disclosure, said the financial institution's recent appointments were informed by the need realise the dual objectives of establishing a strong brand and contributing meaningfully to the continent&