07/28/2022
Standard Bank Projects 3.9% Annual Growth in Mozambique Between 2022 and 2025
According to Fáusio Mussá, the infrastructure deficit remains a barrier to investment that “cannot be neglected”.
Retail Banking
07/28/2022
Access Bank, Visa to Reward Customers
Senior Retail Advisory, Access Bank, Robert Giles, also said the bank is pleased to partner with Visa to bring the biggest event in the world closer to her customers.
07/27/2022
Fidelity Bank Launches Apprenticeship Support Initiative
The scheme, which would be executed under its Her Fidelity Proposition, would commence with a two-months’ fashion and design training for young-women in Kano State.
07/27/2022
12 Banks’ Net Interest Margin Shrink on Cost of Funds, Assets Yields
Out of 12 banks observed by THISDAY, 10 Deposit Money Banks reported decline in NIM in 2021 financial year.
07/27/2022
Ecobank extends remittance services to business accounts
The bank is also working to enlist other International Money Transfer Operators for a more robust remittance offering.
07/26/2022
These 7 African countries have the highest number of commercial banks
Commercial banks are the leading types of banks around the world, be it in terms of number/availability, asset size and profitability.
07/26/2022
Bank of Ghana pausing to observe after cycle of rate hikes
"The (bank) was of the view that it will appropriate to pause and observe the impact of the recent monetary policy measures already taken,"
07/26/2022
Access Bank Secures US-DFC $280m Financing for On-lending to SMEs
Nathan noted that the loan proceeds would be on-lent across more than a dozen sectors in the Nigerian economy, with specific focus on women-owned SMEs, and on loans with longer tenors, which will provide more flexibility to borrowers.
07/25/2022
QNB launches direct remittance service to Philippines through RippleNet
QNB’s latest first-to-market solution complements the Bank’s efforts to improve cross-border payments, upholding its leadership position in Qatar in the sector of money transfer.
07/21/2022
Standard Chartered Acts as Lead Issuing House for Dangote’s Debut Bond
Dangote Industries is one of the leading, diversified and fully integrated conglomerates with operations in Nigeria and Africa with 11 distinct business lines, with the cement, sugar and salt business currently contributing the majority of the group earni
07/21/2022
Heritage Bank, Others Win at 2022 W’Africa Innovation Awards
According to Abidemi Adesanya, the project director during a media chat in Lagos, he said some other highlights of the above program include CEO Media Chat, Executive Talk time, product exhibition, comedy and a brainstorming session.
07/21/2022
Zenith Bank, others move to boost non-oil exports
Highlighting the importance of non-oil export to the nation’s economy, Ovia said Nigeria exported cocoa and several other non-oil products for years before oil was discovered.
07/20/2022
Rand Merchant Bank wins M&A deal awards
In addition to the M & A Deal of the Year, RMB Nigeria won the award for the Best M&A House.
07/20/2022
Equity Bank cleared to pay firm in Sh3bn contract dispute
The developer invited the Chinese company to construct 522 housing units in Mombasa worth Sh3 billion in May last year.
07/19/2022
United Bank for Africa Launches New Branch in Dubai
We have been looking forward to this day as it is the first time we will have presence in this part of the world.
07/19/2022
Ecobank wins the coveted Africa’s Best Bank
Our commitment to SMEs in Africa is unwavering.
07/19/2022
Nigeria's United Bank for Africa expands into Middle East
The new branch located in the Dubai International Financial Centre will serve customers across the region
07/18/2022
Zambia says World Bank reclassification will not affect lending
The reclassification of the country occurred 10 years after the country was upgraded to lower-middle-income status in 2011 based on good economic performance.
07/18/2022
African Bank is rolling out hundreds of banking ‘pods’ and kiosks in South Africa
The introduction of kiosks and pods will increase African Bank’s distribution footprint from 400 to 930 outlets by 2025.
07/18/2022
Wema Bank, AirtelAfrica move NGX on bullish note, index up 1.30%
The Nigerian equities on Friday recorded a strong rebound from the previous losses, following renewed investors’ interest in banks and telecommunication stocks.