Banking, Finance & Investment

The International Finance Corporation (IFC) is channelling billions of shillings into Kenyan small businesses and women-owned enterprises through strategic loan partnerships with banks, plugging a gap in the local credit …

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 14 per cent from 13%. CBN Governor, Godwin …

Investment company AfricInvest and venture capital firm Cathay Innovation, have announced the final close of their joint Pan-African Venture fund, Cathay AfricInvest Innovation Fund (CAIF) at €110M. The fund is …

Standard Bank says it has decided to cut its ties to Cape Town businessman Iqbal Survé’s Sekunjalo group following a “comprehensive client review process”. The bank was one of the …

Benin Electricity Distribution Company ( BEDC ) Plc has dragged the Bureau of Public Enterprises, an agency of the Federal Government of Nigeria, to a United Kingdom arbitration to challenge …

The seventh edition of the annual Zenith Bank International Trade Seminar will hold on Wednesday, July 20, 2022, at the Civic Centre, Victoria Island, Lagos, and virtually. The seminar, themed …

The Nigerian capital market halted its losses following the increase in the market share by 1.70 percent on Friday. Data obtained from the capital market revealed that the growth lifted …

Standard bank came under fire for dismissing 40 employees and placing others on special leave for refusing to vaccinate despite the company making it compulsory to do so.  Earlier this …

The United Bank for Africa (UBA) has officially launched a new branch in the United Arab Emirates (UAE). The Nigerian tier-1 bank is extending its operations to the oil-rich Middle East country …

Equity Group Holding Plc has signed a Memorandum of Understanding (MoU) with Africa Continental Free Trade Agreement (AFTCTA) that will see the former accelerate the Shs 678 billion (USD 6 billion) …