02/03/2021
The bank’s financial inclusion activities is in line with the mandate of the Central Bank of Nigeria (CBN) to ensure the availability of affordable financial products and services to individuals
02/03/2021
The Bank is providing Attijari Bank of Tunisia with an unfunded risk-sharing guarantee of 50 per cent on a loan to Enda Tamweel, the leading microfinance institution in the country.
02/02/2021
In a letter, dated 29 January 2021, S&P Global Ratings noted the Bank’s $115 billion capital increase, approved by its shareholders in October 2019
02/01/2021
Ultra-low interest rates don’t only affect the rates you earn on a savings account, but also drag down returns from other low-risk investments in the money market and bonds.
02/01/2021
AfCFTA is a key pillar for the region's economic recovery and the world's largest trade agreement, spanning a market of 1.3 billion people and a gross dpmestic product of $3.4 trillion.
01/29/2021
Kenya seeks G20 Sh32bn debt holiday extension
Central Bank of Kenya governor Patrick Njoroge said an announcement extending the debt service waivers may come in April.
01/29/2021
South African agency now withdraws Fidelity Shield Insurance ratings
The Business Daily could not reach Fidelity Shield by press time over the withdrawal.
01/28/2021
Old Mutual to finalise BI claims
South African insurer Santam has also announced that it has started the process of assessing and processing claims for all commercial policies with contingent business interruption extensions in addition to those covered by its Hospitality & Leisure d
01/28/2021
Investors Stake N7.32bn On Positive Trade
All Sectorial indices closed in tandem with the ASI save for the Oil and Gas sector which lost 0.12 per cent as ASEM closed flat.
01/28/2021
Old Mutual Hints At Signicant Drop In Headline Earnings
The pan-African investment, savings, insurance, and banking group has seen its operations disrupted by COVID-19 pandemic lockdowns across the region imposed to curb the spread of the virus.
01/27/2021
This is a positive development as the inclusion of Mauritius and Morocco, two of Africa’s better-rated issuers, will improve the overall credit quality of the ABABI, which now captures close to 90% of the outstanding amount of African sovereign loca
01/27/2021
A major step we have taken to help reduce the spread of the Covid-19 virus is the introduction of pre-authorisation approval notification, aimed at reducing the wait-time at hospitals
01/27/2021
Africans, according to him, hardly see an African country as a market but looked to very far land for trades.
01/27/2021
As part of a wider restructuring of the business, Allianz Nigeria had in December 2020 reconstituted its shareholding to make Allianz the sole investor
01/27/2021
The committee urged the bank to sustain its current drive to improve access to credit to the private sector while exploring other complementary initiatives
01/26/2021
The success of the EFG Hermes Frontier team this year has allowed the division to garner several accolades, including being named the top Frontier Research House on the Institutional Investor 2020 poll for the third consecutive year, with key analysts ran
01/25/2021
He acknowledged efforts being made by the government in creating good investment climate, saying such efforts must be supported wholeheartedly.
01/25/2021
Will local stocks follow what is expected from US markets?
01/25/2021
The world’s biggest free-trade area was implemented January 1.
01/24/2021
Niger Insurance Plc has announced plans to restructure its insurance business into distinct but mutually dependent business entities.