Banking

By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – United Bank for Africa (UBA) has asked a court to jail nine individuals linked to Western Metal Products Company …

By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – Executives from JPMorgan and Chevron told the Nigerian Economic Summit in Abuja that recent reforms have improved the country’s …

BY : Ogundana Boluwatife When a major international bank prepares to establish a new operation in Nigeria, the announcement can attract attention as a sign of confidence in the country’s …

The Central Bank of Nigeria (CBN) has granted JPMorgan an approval-in-principle to set up JPMorgan Merchant Bank Nigeria Limited, taking the American lender a step closer to a full banking …

National Bank of Egypt reported a 2025 net profit of EGP 175.5 billion, CIB plans to invest up to EGP 2 billion in the MNT-Halan share offering, and ICT growth …

Insurance companies in Nigeria are awaiting access to about ₦300 billion raised during the industry’s recently concluded recapitalisation exercise, as the Central Bank of Nigeria (CBN) continues verifying the sources …

JPMorgan Chase is taking steps towards establishing a licensed banking operation in Nigeria after depositing ₦50 billion, approximately $38 million, with the Central Bank of Nigeria (CBN). According to Bloomberg, …

Ethiopia’s central bank has joined the Pan-African Payment and Settlement System, allowing cross-border trade payments in local currencies without the dollar.

Nigeria recorded an unexplained $12.4 billion gap in its external accounts in the first half of 2026, raising concerns about the repatriation of export earnings and the accuracy of data …

Zenith Bank Plc is strengthening its presence in East Africa following its acquisition of Paramount Bank Kenya, as the Nigerian lender seeks to diversify earnings and expand its operations beyond …