Managers of Wealth Africa

Babalola, Hassan-Odukale Visit FBN Group

The chairmen held a meeting with the executive team of the Group further to their recent appointments by the Central Bank of Nigeria.

Treasury removes 20pc excise tax on bank loans

The 20 percent excise tax was introduced in 2018, triggering an increase in the cost of bank services, including loans, transfers — both local and international — over-the-counter withdrawals as well as ATM transactions and account operating f

QNB receives Most Promising Commercial Cards Program in MEA region award

Our long-standing partnership with QNB is a testament to our commitment of catering to discerning Qatari businesses and driving digital transformation in the country.”

Shareholders laud Union Bank

She noted that in the face of the lockdowns and disruptions caused by COVID-19, the bank pivoted to remote work for over 70 per cent of its employees at the height of the pandemic

Grobank Renamed As Access Bank South Africa After Acquisition

A statement titled ‘Grobank formally becomes Access Bank South Africa’ said the deal was finalised after Access Bank’s acquisition of controlling shares in the former Grobank Limited, South Africa.

World’s Best Banks 2021: Africa

Africa’s Best Banks adapted to help clients and communities.

UBA wins ‘Bank of the Year’ at Independent Newspapers Awards

Pan-African financial institution, United Bank for Africa (UBA) Plc added to its growing list of laurels at the Independent Newspaper Awards, winning the Bank of the Year.

Corporate reorganisation approved by shareholders, says GTB

In a statement titled ‘Update on ongoing Guaranty Trust Bank Plc corporate reorganisation’ on Tuesday

Graphic, GCB Bank forge stronger ties

We want to play a role in making sure that you get there.

Spire Bank in sale talks after exit of billionaire Merali

Last year it sought shareholders’ nod to engage potential suitors seeking acquisition of a 100 percent stake in the bank.

Access Bank Promises Improved Performance, Higher Dividend Payment

Access Bank recorded a profit after tax of N106 billion in 2020, up by 13 per cent from N94 billion in 2019

Union Bank recorded N6.9bn profit in Q1– Report

Union Bank said its operating expenses fell by four per cent to N17.3bn from N18bn in Q1, 2020, an outcome of sustained cost optimisation efforts; while non-performing loans ratio was flat at four per cent.

Access Bank Posts N222bn Earnings, N60bn Profit in three Months

As a result of effective implementation of our cost reduction strategy, operating expenses remained flat, despite the inflationary environment and increased regulatory cost.

Fidelity Bank’s first quarter profit rises 64% on higher forex gains

The bank’s asset base scaled up from N2.3 trillion to N2.9 trillion.

Q1: Ecobank Group Grows Profit after Tax by 23% to N30 Billion

Profit after tax grew by 23 per cent from N24.694 billion to N30.494 billion.

Tanzania: Equity Sets to Triple Customer Base

The bank has 4,271 agents as of mid-last week and 14 branches across major cities and towns.

GTBank grows deposit to N3.7trn in Q1’21

This is a reflection of the resilience of our franchise, our prudent approach to risk management and the efficacy of our digital first customer-centric business strategy.

Polaris Bank Posts N28.9bn Profit in 2020

Its total assets stood at N1.18 trillion, which was a three per cent growth over the previous year, while shareholders’ funds grew by N14 billion (17%), largely attributable to internally generated profits.

Absa’s CEO Exit Creates More Than Just One Headache for Lender

The lender’s first Black CEO resigned on Tuesday following a dispute with some subordinate directors over strategy, less than two months after his deputy Peter Matlare died from complications from Covid-19.

Nedbank Launches WhatsApp Money Service With Mastercard In S. Africa

It's part of our compliance with financial regulations in South Africa to match your ID or passport photo with your selfie.

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