Banking, Finance & Investment

Fitch, the global rating agency, has affirmed Long-Term Issuer Default Ratings (IDR) of 10 Nigerian banks at ‘B’ with a stable outlook. In a fresh report obtained from its website, …

Ecobank Transnational Incorporated (ETI) has posted a profit before tax of $261 million for the first half of the year ended June 30, 2022. This was contained in the group’s …

Standard Bank will provide Metrofibre Network with R5 billion in financing to facilitate its fiber roll-out and expand its connectivity into homes and businesses in underserviced communities across the country. …

Centum Investment Company shareholders are set to receive a Sh391 million dividend payout after the firm narrowed its losses by 2 per cent in the year ended March 2022. The …

Abbey Mortgage Bank grew its gross earnings for the year ended December 31, 2021 by 142 per cent at N3.68 billion compared to  N1.52 billion in the previous year. Chairman …

Zenith Bank Plc has been ranked as the Number One Bank in Nigeria with $2.75 billion Tier-1 Capital for the 13th year in a row. The ranking, which was published in …

The International Monetary Fund (IMF) wants tighter checks on bank transactions in Kenya amid growing concerns about money laundering by corruption networks. An appraisal report by an IMF team said Kenya should …

Tech giants including Google, Facebook, Twitter, YouTube have shown interest in investing and exploring business opportunities in Nigeria’s digital space. The Minister of Information and Culture, Alhaji Lai Mohammed  disclosed this …

The Abuja Chamber of Commerce and Industry (ACCI), has entered into partnership with Invest In The United States of America (IIUSA) , a US trade programme, to promote the investments of …

Standard Chartered Bank have announced that it will suspend International transactions on its naira visa debit card from August 1, 2022. The Bank disclosed this in a recent statement to …