09/03/2024
The rating according to Agusto & Co, reflects the bank’s good profitability, acceptable capitalization ratios, and experienced management team.
09/03/2024
The half-year results came as existing shareholders and new investors continue to show strong appetite for Zenith Bank’s shares.
09/03/2024
The move to AWS is a pivotal part of its strategy to mitigate the notorious payday service outages.
09/02/2024
In 2023, the banking sector saw a substantial 114.89% growth on the NGX banking index, reflecting strong investor confidence.
08/27/2024
Analysis of the select banks’ unaudited results and accounts showed that Ecobank, a pan-African financial institution generated N641.08 billion interest income
08/23/2024
The American Express network powers our presence in Sub-Saharan Africa.
08/21/2024
The operational achievements include a 5% increase in active clients
08/21/2024
The details of any potential deals have yet to be finalised, and there is no guarantee that any transactions will go ahead
08/20/2024
At the beginning of the year, our top priority was to keep the momentum going with a strong focus on stability following the intervention of the Central Bank of Nigeria.
08/16/2024
Mastercard and Scale will support fintech companies and other ecosystem players in securing BIN sponsorships
08/16/2024
‘The case for East Africa is clear and simple: it is the fastest growing sub-region’ – Tshabalala.
08/16/2024
Net interest income (NII) – the amount banks earn from loans minus what they pay on deposits- in its banking business grew by 7%.
08/15/2024
Stanbic Africa is a wholly-owned entity of the Standard Bank Group, an investment bank incorporated in South Africa.
08/15/2024
Sales of hardware, paint and glass fell -1.1% y/y. Specialised stores selling food beverages and tobacco also reported a decline in sales of -1.5% y/y.
08/12/2024
This was disclosed in Ecobank Group’s performance report for the first six months of 2024.
08/08/2024
The story of South Africa’s anaemic salary growth is also apparent in official data.
08/07/2024
And two repo rate cuts this year, with inflation set to continue to decline.
08/07/2024
It added that the partnership was poised to revolutionise the shopping experience in Lagos, offering a fast and convenient way to pay for purchases.
08/06/2024
Nigeria’s e-payment transactions surged to N234 trillion in the first quarter of 2024
08/06/2024
Economists polled by Reuters predict a 25-basis-point cut in September followed by another in November.