Stanbic Uganda Holdings Limited (SUHL) has announced strong financial results for the first half of 2025, reflecting steady growth and its contribution to national development. For the six months ending …
Banking
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BankingBusiness GrowthBusiness InsightsCorporate AffairsDevelopmentFinance
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BankingBusinessEconomyEntrepreneurshipFinanceWomen Empowerment
Stanbic IBTC Bank Strengthens Support for Women Entrepreneurs in Nigeria
Stanbic IBTC Bank has restated its commitment to helping Nigerian women grow their businesses, noting that women entrepreneurs play a vital role in the nation’s economy. In a statement released …
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BankingBusiness PoliciesCapital MarketEconomyNigeriaPensionRegulation
PenCom Bars Pension Fund Administrators from Investing in Banks’ AT1 Capital Instruments
The National Pension Commission (PenCom) has issued a strong warning to Pension Fund Administrators (PFAs) against investing workers’ retirement savings in the Additional Tier-1 (AT1) capital instruments of Deposit Money …
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BankingEconomyFinanceGovernment PolicyINVESTMENTMiddle east
Egypt to Issue Domestic Sukuk in First Half of New Fiscal Year
Egypt is preparing to issue domestic Sukuk within the first half of the 2025/2026 fiscal year, according to Finance Minister Ahmed Kouchouk. The announcement was made during a panel discussion …
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AfricaBankingDigital TransformationEconomyINVESTMENTTechnology
Egypt to Launch First Fully Digital Bank in 2026
Egypt is preparing to make history in its financial sector as the Central Bank of Egypt (CBE) has given the green light for Banque Misr’s Misr Digital Innovation (MDI) to …
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AfricaBankingBanking, Finance & InvestmentBusinessConsumer RightsCyber securityTechnology
Standard Bank warns customers as AI-powered “spoofing” scams surge
Standard Bank has raised the alarm over a sharp rise in “spoofing” fraud, warning customers to be extra careful as criminals now use artificial intelligence tools to sound and look …
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BankingBusinessEconomyFinanceWomen Empowerment
UBA Secures N5bn BOI Loan to Support Women-Owned and MSME Businesses
United Bank for Africa Plc (UBA) has obtained a N5bn loan facility from the Bank of Industry (BOI) to support the growth of micro, small, and medium enterprises (MSMEs) in …
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BankingBusinessDevelopmentEconomyFinanceGovernanceWomen Empowerment
CBN Reaffirms Commitment to Women’s Inclusion at WIMBIZ Mentoring Graduation
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has restated the bank’s commitment to supporting women’s financial inclusion and leadership development as part of Nigeria’s wider plan …
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BankingBusinessCorporate AffairsEconomyFinanceLeadershipNigeria
Zenith Bank Celebrates 35 Years of Excellence, Honours Customers and Staff
Zenith Bank Plc has marked its 35th anniversary in Lagos with a grand celebration that honoured pioneer customers and long-serving staff members. The event brought together stakeholders, business leaders, partners, …
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African DevelopmentBankingEconomyIndustrialisationInfrastructure
GHIB CEO Urges Shift to Value-Added Exports
Africa’s share of global trade is still less than three percent, and one of the biggest reasons is the persistent trade finance gap that leaves exporters struggling to invest in …