06/02/2021
Heirs Insurance and Heirs Life have a paid-up share capital of N10 billion and N8 billion, and are backed by leading reinsurers, providing a second layer of security for clients’ insurance portfolios.
06/01/2021
Power cuts have grown more frequent over the past year, while diesel for generators is often scarce and more expensive after recent subsidy cuts.
06/01/2021
He added that employees of the bank, through the 2020 Employee Volunteer Day initiative with the theme, “The Gift of Water,” provided potable water to over 15,000 Nigerians.
06/01/2021
Wema Bank Plc is not only staying ahead of the curve with loan products, it is drawing the curve.
05/31/2021
She attributed the success of the Sukuk issuances to the increased confidence from market participants given that the Sukuk bonds are tied to specific projects that can be tracked.
05/31/2021
In the last years, Mauritius has emerged and positioned itself as being an international financial centre of excellence, choice and repute.
05/28/2021
The document, however, noted that the economic outlook remains “highly uncertain” and would depend on the pace of the COVID-19 vaccine roll-out.
05/28/2021
According to the lender, the two acquisitions are part of the group’s ongoing strategy to achieve regional relevance and increase its footprint.
05/28/2021
KCB expects to close the twin deals this year bolstering its market market share in the two markets and grow their contribution to the Group’s international businesses.
05/27/2021
Equity partners with more than 10 money transfer platforms, including Western Union, PayPal, WorldRemit, MoneyGram and hellopaisa, in addition to its own Equity Direct platform.
05/27/2021
WeBuyCars is a principal trader of used vehicles through its integrated e-commerce and physical infrastructure, offering finance, insurance and other allied products.
05/27/2021
A breakdown of the figures shows that investment in federal government securities declined by 2.5 per cent to N8.3 trillion from N8.51 trillion.
05/27/2021
“Despite the challenging economic terrain, we have been able to grow our premium incomes and recorded strong profitability growth in the first quarter of the year.”
05/26/2021
FBNQuest Trustees is a subsidiary of FBN Holdings Plc. From estate planning to government bond issuance, it holds a solid market position as a leading Trust services provider.
05/26/2021
Suruma said:“We thank Dr. Adesina for the excellent work he is doing to uplift the African people and for honoring us with his presence today.
05/26/2021
Investors rushed to buy the company shares after it was awarded a licence on Saturday to enter Ethiopia’s underserved telecoms market.
05/26/2021
Under the leasing deal, the successful firm will run the plant on behalf of KCB for up to 15 years and will pay the lender monthly leasing fees.
05/26/2021
Ultimately, the ratio of credit to the economy is very low in Africa, averaging less than 30 per cent of gross domestic product, compared with over 135 per cent in regions such as East Asia and the Pacific region.
05/25/2021
The most common sources of loans were mobile apps (26 percent), commercial banks (23 percent), saccos (14 percent) and chamas (10 percent).
05/21/2021
Orji, 51, has more than two decades of experience in international banking, with an MBA from Harvard Business School.