12/12/2023
Respondents in the non-durable goods retail sector (e.g., food, beverages, groceries, cosmetics and pharmaceuticals) said that sales volumes were significantly lower compared to the 2022 holiday season.
12/06/2023
The recurring payments product, among others, is adapted to fit the financial requirements of not only each country, but also companies operating in each specific industry
12/05/2023
The sector’s decline in profit marks a rarity for the sector that has generally been growing profits.
12/04/2023
UBA is honoured to be named the Bank of the Year in these eight countries
12/01/2023
The event which, held recently at the LCCI office in Lagos, featured a panel session comprising several top functionaries across the Nigerian economy.
12/01/2023
LivingTrust Managing Director, Dr Adekunle Adewole, thanked DBN for recognising its unique efforts in supporting the growth and success of otherwise disadvantaged MSMEs.
11/30/2023
Home loans eased to 4.7% y/y – the lowest level since March 2021.
11/28/2023
This was due to continued strong net interest income and non-interest revenue growth.
11/27/2023
The rise in Co-op Bank’s number of employees has come amid its continued opening of new branches in the country as it eyes more business, especially in the counties.
11/24/2023
The bank’s transformation and diversification agenda has resulted in the resilience of operations
11/23/2023
Group returns to profitability after posting an interim loss earlier this year.
11/23/2023
StanChart Bank Kenya chief executive Kariuki Ngari said the growth in net interest income was supported by the growth in lending, increased short term investments in money markets and improved margins.
11/22/2023
Over the financial year, the group said that it saw a successful acquisition and integration of Grindrod Bank and Ubank assets, liabilities and operations.
11/20/2023
Managing Director of Jeune Media Group, Amir Ben Yahmed, emphasised UBA’s commitment towards fostering economic growth, financial inclusion, and technological advancement
11/17/2023
Rising interest rates are expected to lift lending margins for banks
11/16/2023
Essentially, these banks ensure the ease of doing business in Africa by making financial transactions easier and enabling businesses to adapt to rapid changes
11/16/2023
According to Zimele CEO Isaac Njuguna, fund managers have been angling to take advantage of the opportunity represented by millions of retail investors who are looking to save and invest through active intermediaries.
11/06/2023
The award recognises TAJBank’s commitment to world-class services, impressive financial performance, and consistent leadership in the nation’s financial inclusion drive over the last three years.
11/03/2023
Absa Life Assurance had argued that the winning bidder failed to include in its workings the stamp duty and policyholders’ compensation fund levy and thus ought to have been disqualified.
11/01/2023
When global inflation skyrocketed in 2021, several Latin American central banks were the first to raise interest rates before the US Fed began tightening.