Banking, Finance & Investment

Coronation Merchant Bank has posted a remarkable 303 per cent rise in Profit After Tax (PAT) for the 2024 financial year, attributing the leap to deliberate strategic repositioning, operational discipline, …

Dr Sidi Ould Tah, a renowned economist and national of Mauritania, has been elected as the new President of the African Development Bank (AfDB). He will take over from Nigeria’s …

Rwanda’s Minister of Infrastructure, Jimmy Gasore, has shared the country’s latest plans to improve infrastructure and attract more investors. Mr Gasore said Rwanda is working on new policies that will …

The South African rand managed to hold on to most of its gains from the previous day during early trading on Friday, May 30, 2025, following fresh comments from the …

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has secured approval from its shareholders to raise up to $250 million through an Additional Tier 1 (AT1) capital …

Across Africa, young tech companies are using artificial intelligence, also known as AI, to solve serious problems in the health sector. These new healthtech startups are helping patients get better …

TransCentury Plc, an infrastructure investment company based in Nairobi, Kenya, has returned to profit after facing financial challenges for several years. The company, which is listed on the Nairobi Securities …

Savannah Energy has recorded significant growth in production and revenue following the successful acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC), according to its Q1 2025 …

The Federal Government has inaugurated a seven-member planning committee for the first-ever National Industrial Manpower Development Summit, a strategic initiative aimed at strengthening Nigeria’s industrial development through skilled human capital. …

Banks form the bedrock of Nigeria’s commerce. They facilitate daily transactions. They are crucial for economic growth. This sector is highly competitive. Innovation drives its constant evolution. Customers seek efficiency …