Bank & Finance

Jan 23, 2020
The African Development Bank says it has freed up $600 for investment in renewable energy in Africa. The President, African Development Bank, Dr Akinwumi Adesina, who disclosed this in his…
Jan 22, 2020
Transactions estimated to be well over N108.427 trillion were consummated across the instant payment and the Point of Sales (POS) platforms in the country in 2019, latest data from the…
Jan 20, 2020
The world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to…
Jan 19, 2020
Nigeria and five other English-speaking West African countries have condemned the decision of their French-speaking counterparts to unilaterally rename the CFA Franc as ECO by 2020. This came as the…
Jan 18, 2020
Access Bank Plc has expanded into Kenya, to take over Nairobi-headquartered Transnational Bank Plc. A strategic masterstroke by all measure, venturing into Kenya positions the bank to leverage commercial and…
Jan 16, 2020
Standard Bank, Africa’s largest banking group by assets, is partnering with the UK Government to sponsor the inaugural UK-Africa Investment Summit, which will be held in London on January 20,…
Jan 16, 2020
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged the Best Foreign Exchange Provider in Nigeria at the Global Finance World’s Best Foreign Exchange Provider Awards.…
Jan 16, 2020
The National Lottery Regulatory Commission has banned the operation, promotion, sale of tickets, and offer to the public of any and all unapproved foreign lottery. The Commission’s Director General, Lanre…
Jan 15, 2020
Nigerian banking group Access Bank just created a subsidiary in Cameroon. With an initial capital of about XAF14.5 billion, the new subsidiary’s headquarters will be in Douala, Cameroon’s economic capital.…
Jan 13, 2020
The Government of Liberia will no longer pursue criminal charges against Crane Currency and has, in fact, said the company was honest in its dealings with the Central Bank of…
Jan 12, 2020
The rate at which the consuming public borrows money to meet domestic needs and other personal financial obligations may take a plunge this year, a recent survey by the Central…
Jan 11, 2020
Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 billion for practitioners in different value chains of Agriculture within the next…
Jan 10, 2020
Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 billion for practitioners in different value chains of Agriculture within the next…
Jan 08, 2020
Ecobank Nigeria has complied with the Central Bank of Nigeria’s recent directive on the reduction of bank charges. The bank commended the CBN for taking bold steps to further strengthen…
  1. Opinions and Analysis

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