Banking, Finance & Investment

The Central Bank Governor, Godwin Emefiele, has said that the apex bank would redesign the country’s currency. Emefiele, who announced this at a press briefing in Abuja, this afternoon, said …

East Africa Portland Cement Company (EAPCC) says it has completed the settlement of KCB’s Sh6.8 billion loan via land transfers to the lender, cutting its finance costs by Sh735 million …

Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, this is according to study by Mastercard on the …

Access Holdings Plc, trading as Access Corporation, on Tuesday, announced that the National Pension Commission and the Federal Competition and Consumer Protection Commission had granted their approvals to the proposed …

Mastercard and Cellulant have partnered to allow Cellulant customers across Africa to shop and pay online with global merchants wherever Mastercard is accepted. The Mastercard virtual payment solution, linked to …

UBA, United Bank of Africa’s profit for the nine-month period from January through September hit its peak level ever this year, catapulted by reasonable growth in interest income, its financial …

Union Bank Of Nigeria‘s shares witnessed an increase on Tuesday since June 14 as the market was awash with buy orders from investors following an announcement of a tender offer …

Polaris Bank has named a new board and management a day after the Central Bank of Nigeria announced the sale of the lender to Strategic Capital Investment Limited. The new board …

Chinese loans to Kenya have dropped for the first time in 15 years as Beijing adopts more cautious lending in Africa where some nations have reached the limit of their …

Centum Investments Company plans to repay Sh2.3 billion worth of debt using part of the proceeds from the sale of its stake in Sidian Bank to Nigeria’s Access Bank. This …