01/06/2023
With an outstanding balance of Sh15 billion, Co-operative Bank was a distant second in a list that also featured firms in agribusiness, energy, real estate, insurance and manufacturing.
01/06/2023
The rand is connected to the US dollar through a floating exchange rate system; therefore, its value is influenced by the supply and demand in the foreign exchange market.
01/05/2023
Absa, Standard Chartered Bank, NCBA, BAT and Stanbic Holdings however defied the trend to record gains of 3.8, 11.3, 56.2, 4.2 and 16.9 percent respectively in the period.
01/05/2023
"our dedicated team of investment banking specialists leverage sector insights and product expertise to offer our clients innovative advisory, capital markets and financing solutions."
01/03/2023
“Median consensus growth expectations (surveyed by Reuters) for this year have softened from 2% in December last year to 1.8% in November 2022,”
12/30/2022
Kenya-based agribusiness Hello Tractor also partnered with US tractor manufacturer John Deere to scale its pay-as-you-go programme to finance tractors for more than 623,000 smallscale farmers who use the platform on more than 1.7 million acres through a n
12/30/2022
The broadly defined M3 measure of money supply increased by 8.76% in November after growing 9.82% in the previous month.
12/30/2022
Access Bank emerged the biggest bank in asset size, as its total assets for the period stood at N13.45 trillion, followed by Zenith Bank with N11.34 trillion, First Bank ranked third with N9.85 trillion, while UBA and GTBank placed fourth and fifth with N
12/29/2022
During 2022, all banks had adequate core capital above policy requirement and lent out huge sums as well as providing support to customers with stressed loan books.
12/29/2022
The Senate has already rejected initial plans by the leadership of the upper house to stream roll this request.
12/28/2022
The post commencement finance will allow the sugar giant to continue paying employees, growers and other suppliers whose livelihoods depend on it
12/27/2022
Also, prolonged school closures and suspension of large gatherings suffocated many private schools and hotels, leading to closure and bankruptcy.
12/23/2022
Rand Merchant Bank Nigeria Limited (Rand Merchant Bank) is a corporate and investment banking firm, which provides innovative advisory services on infrastructure projects, mergers and acquisitions, as well as the funding of various transactions across mul
12/22/2022
Growth projected to converge to about 5.5% over medium term, says IMF report
12/22/2022
Banks have managed to navigate global financial uncertainty within the sector when compared to other companies, said DailyInvestor.
12/21/2022
Prices of essential commodities surge due to global supply chain disruptions
12/21/2022
This points to the fact that federal government through PenCom is really serious about making Nigerian workers solve their home ownership problem through mortgage financing of the housing deals, using their pension contributions.
12/20/2022
In August 2022 over 400 journalists from 30 African countries were selected to participate in the Programme.
12/20/2022
Main imports into the country include petroleum products, machinery, medicine, vegetable oil, pharmaceuticals, cars, wheat and clothing.
12/20/2022
The IMF noted that Kenya’s economy remains stable and projects it to grow by 5.3 per cent this year despite a challenging global environment but warned that climate-related risks are elevated in the medium-term.