08/24/2023

KCB profit falls to Sh15bn on higher costs

Net profit retreated to Sh15.5 billion from Sh19.5 billion posted in the preceding similar period as the ramp-up in provisions overshadowed earnings from the mainstay business

08/07/2023

Afreximbank opens CARICOM office in Barbados

The Afreximbank CARICOM Office will support the implementation of the Partnership Agreement between Afreximbank and CARICOM member states aimed at expanding Africa-Caribbean trade and investment relations.

08/07/2023

Bank shareholders protest as directors borrow N113bn

During the period under review, Sterling Bank revealed that it granted N2.4bn facilities to its directors and some employees, while Access Holdings announced N469.01m insider-related credits in 2022, up from N268.21m.

08/07/2023

Ecobank gets award for SMEs support

In the last 12 months, Ecobank had launched initiatives targeted at SMEs namely, Ecobank Single Market Trade Hub, which supports the AfCFTA’s single African market