Managers of Wealth Africa

Ecobank Nigeria Unveils Special Scheme on Loans and Remittances

Customers can either opt for the Employee Credit or Cash backed Back2School scheme based on their cash flow.

Agusto & Co forecasts 16.5% banking sector loan growth

It disclosed this in its annual ‘2022 Nigerian banking industry report’, which provided a comprehensive review of Nigeria’s banking industry and the near-term expectation for the Industry.

Fidelity Bank proposes to acquire Union Bank UK

It is the latest phase in the train of divestments by Union Bank which, beginning late last year, saw it offload 90 per cent of its shareholding to a new owner, Titan Trust.

Banks are ready to make a permanent shift in how they do business in South Africa – but there’s a catch

This consumer paradigm shift goes beyond an expectation that banks will simply offer digital apps and websites atop their core brick-and-mortar services and operations.

Standard Bank supports gender transformation

Celebrates exceptional women CAs while helping to raise bursary funding for those who aspire to follow in their footsteps.

Stanbic IBTC Holdings: BUY ratings maintained on impressive half year scorecard

The proposed interim dividend is valued at about N19.435billion

Nigeria’s Diaspora remittances rise 20.3% to $5.16bn in Q1’22

On a Quarter-on-Quarter basis, QoQ, remittances rose by 2.6 per cent in Q1’22 from $5.03 billion in Q4’21. This represents the seventh consecutive quarterly increase in diaspora remittances.

UBA Partners MFS Africa on Seamless Digital Payments and Remittances

Both organisations signed an MoU at the UBA Head Office in Lagos on Tuesday, heralding the start of a partnership that will be pivotal in leveraging MFS Africa’s digital payment hub that connects over 400 million mobile money users to a wide range

UBA, African firm partner on innovative payment solutions

Speaking during the signing ceremony, the UBA Group Deputy Managing Director, Muyiwa Akinyemi, emphasised the benefits for customers in the long run.

Stanbic Uganda targets $100m in loans to small businesses

Stanbic has invested heavily in allowing customers to use USSD (Unstructured Supplementary Service Data) for mobile banking.

Moi family shifts Sh520 million StanChart ownership

The shares have been transferred to an investment vehicle labelled Shawmut Limited whose face as director is Eunice Kibiwot Moi, the spouse of John Mark Moi-- the second-born son of the former President.

Capitec is making a permanent shift in how it does business

With regard to the hours an employee will work, Capitec has become more specific to the person, said Lee.

SA banks’ digital dividend

Shrinking branch footprints, a migration to digital platforms and benevolent loan defaults are propping up the SA institutions’ profit

UBA partners MFS Africa on seamless digital payments, remittances

These services are expected to cover the 20 African countries UBA operates in including; Nigeria, Ghana, Kenya, Côte d’Ivoire, Zambia, Tanzania, Uganda, Republic of Benin, Burkina Faso, Cameroon, Chad, Congo, the Democratic Republic of Congo,

KCB Group half year net profit up 27pc to Sh19.6 billion

The country’s second-largest bank by assets has had a tradition of paying an interim dividend of Sh1 per share.

African Banker Awards 2022 – Who won in Accra?

The African Banker Awards recognise the reforms, rapid modernisation, consolidation, integration and expansion of Africa’s banking and financial system.

Stanbic IBTC’s half-year profit up 36% as non-interest income boosts earnings

The board has announced an interim dividend of N1.50 per unit, a half more than what it paid for the same period last year.

Nigeria’s banks remain solid in uncertain times

Amid huge global and domestic economic challenges, Nigeria's banking sector has remained stronger than the overall national economy, with rising profits and capital adequacy liquidity ratios remaining above regulated limits.

Fidelity Bank Ghana Opens New Branch At Kaneshie

The launch of our new Kaneshie Branch marks our ongoing journey of strategic branch expansion to bring us closer to our hardworking customers across the country.

Fidelity Bank Wins Two More International Accolades

The recognition was based on Fidelity Bank’s strong financial performance, unparalleled digital innovation and transformation, its contribution to the financial & capital market as well as its financial inclusion agenda evidenced in its numerous

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