Non-interest financial institution, TAJBank Limited, has signed the completion agreement for the N20 billion second tranche of its N100 billion Mudarabah Sukuk bond programme. The agreement ceremony took place on …
Banking, Finance & Investment
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Banking, Finance & InvestmentFinance & ServicesInsuranceINVESTMENTMarketsNigeria
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Banking, Finance & InvestmentBusinessEntrepreneurshipFinance & Services
Keystone Bank Wins SME-Friendly Bank Award for 2024
Keystone Bank Limited has been recognised as the “Most Friendly SME Bank of the Year 2024” at the Champion Newspapers Annual Awards, which took place over the weekend in Lagos. …
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Banking, Finance & InvestmentBusinessDevelopmentEconomyNews
Keystone Bank Wins ‘Most Friendly SME Bank of the Year 2024’ at Champion Newspapers Awards.
Keystone Bank Limited has added another feather to its cap after emerging as the “Most Friendly SME Bank of the Year 2024” at the Champion Newspapers Annual Awards, held over …
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Banking, Finance & InvestmentEconomyFinance & ServicesNigeriaTechnology
Lovonus MFB Boss Says Microfinance Banks Are Lifeline for Millions of Nigerians
The Managing Director and Chief Executive Officer of Lovonus Microfinance Bank, Mr. Adeola Ayibiowu, has said that microfinance banks (MFBs) remain the only banking option for millions of Nigerians, especially …
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Banking, Finance & InvestmentBusinessGOVERNMENTLeadershipMarkets
Femi Otedola Set to Gain Full Control of First Holdco as Otudeko, Odukale Set to Exit.
The prolonged leadership and ownership tussle at First Holdco Plc, the parent company of Nigeria’s oldest financial institution, First Bank of Nigeria, is drawing to a historic close. Multiple sources …
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ASO Savings & Loans Plc has posted a modest profit after tax of ₦89 million for the financial year ended December 31, 2023, a slight improvement from the ₦85 million …
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Banking, Finance & InvestmentBusinessEconomyGOVERNMENTINVESTMENTNews
Fitch Reaffirms Stanbic IBTC Holdings’ ‘AAA’ rating.
Global credit rating agency Fitch Ratings has once again affirmed Stanbic IBTC Holdings PLC at an ‘AAA(nga)’ rating, maintaining the top-tier national long-term rating with a stable outlook. This marks …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTInternational RelationsMarketsPoliciesSouth Africa
South African’s Rand Steady as Global Markets Await U.S.-China Trade Talks
JOHANNESBURG, South Africa – June 9, 2025: The South African rand opened the week on a quiet note, holding steady against the U.S. dollar in early trading on Monday. The …
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AFRICA NEWSEconomyInfrastructureINVESTMENTNigeriaPolicies
Experts Advocate Strategic Partnerships, Investment to Bridge Africa’s Infrastructure Gap
LAGOS, Nigeria – Stakeholders have stressed the urgent need for massive infrastructure development across Africa to drive sustainable economic growth, job creation, and industrial competitiveness. This position was made known …
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Finance & ServicesGOVERNMENTINVESTMENTReal Estate
Homebase Mortgage Bank Gets N3.5bn Boost from FG to Expand Affordable Housing Loans
Homebase Mortgage Bank has received a major financial injection of N3.5 billion from the Ministry of Finance Incorporated (MOFI) under the Real Estate Investment Fund On-Lending Facility (MREIF). The move …