Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
Kenya has beaten a hasty retreat from its early plans to float a KSh115 Billion ($1 billion) Eurobond and has instead shifted its attention to borrowing from a consortium of …
The gap between the savings and lending rates in banks widened by 25.33 per cent in March, according to figures obtained from the Central Bank of Nigeria. Latest figures obtained …
Access Bank Plc has paid a sum of N15 billion to acquire Kenyan lender, Sidian Bank Ltd, owned by Centum Investment Plc. The acquisition amounts to 83.4% equity ownership stake …
On Wednesday June 8, UBA said it had redeemed its debut $500 million five-year Eurobond notes which matured. Note that UBA bank repurchased $310.9 million of the notes in 2021 …
Access Bank has brokered a deal with the investment firm Centum Investment Plc to procure the 83.4 per cent interest the latter holds in Nairobi based lender Sidian Bank making …
Kisumu, A local steel manufacturer, Jumbo Steel Mill, has invested Sh2 billion in a new mattress and polyvinyl chloride (PVC) water tank factory in Kisumu. The plant which sits on …
Developing and investing in the Africa’s education sector is more crucial than ever. Strengthening Africa’s educational system to facilitate participation of young people in the development of African countries has …
Union Bank of Nigeria Plc to Titan Trust Bank Limited, after the consummation this week of a share sale and purchase deal, handing 93.4 per cent stake held by a group …
To develop a digital platform for young Nigerians to fund their tertiary education fees through target savings, scholarships, loans and crowdfunding, FCMB has partnered with PressPayNg The goal of the …
All the branches of Zenith Bank in Owerri in Imo State have been sealed by policemen, following a court judgment against the bank. The development which rendered staff members and …
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