10/03/2022
The CAR and the LR in the banking sector remained above prudential limits at 14.1 and 42.6 per cent, respectively in June 2022, according to the Central Bank of Nigeria (CBN).
09/27/2022
As European and Chinese banks scale back in Africa to cut costs and redeploy capital to core markets, Middle East lenders are happily jumping in to fill the gap, buying assets and putting more boots on the ground as bilateral trade between the regions inc
09/26/2022
The EACOP, being developed by a group including TotalEnergies SE, will transport crude from Uganda's oil fields to Tanzania's coastline.
09/26/2022
The Chief Executive Officer, Sanlam Pan Africa Life Insurance Cluster, Robert Dommisse, highlighted Sanlam’s commitment to Nigeria, and the importance of West Africa market to Sanlam.
09/20/2022
Moreover, while Japan’s global foreign direct investment is valued at $2 trillion, Africa accounts for just 0.003% of that figure.
09/14/2022
Two board members, the former chair David Wachira and Wycliffe Osoro resigned in March while Christine Sabwa left in August last year, underlining the high turnover on the nine-member board which has left some seats unfilled.
09/12/2022
The deal will see Mwalimu Sacco, which owns Spire Bank, pay Equity an additional Sh1.7 billion to cover liabilities.
09/07/2022
The rating also reflects the Bank’s franchise upheld by the affiliation with FBN Holdings Plc, one of Nigeria’s largest financial institutions with interests in commercial banking, capital markets, trusteeship and insurance brokerage.