Pride Bank Limited has introduced a new Sacco and Investment Club product that promises to boost savings groups and investment clubs in Uganda by giving them easier access to credit. …
African EconomyAgricultureBankingBusiness InsightsDevelopment
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Banking
- AFRICA NEWSBankingConsumer ProtectionCyber securityFinanceFraud AwarenessNorth Africa
North African Bank warns against illegal sale of Visa and MasterCard
The North African Bank has issued a strong warning to customers over the buying and selling of international cards such as Visa and MasterCard outside approved channels. The bank explained …
- BankingBusiness and EconomyFinancial InclusionGhanaMedia & CommunicationsNews
Fidelity Bank engages Volta Region media to deepen partnerships
Fidelity Bank Ghana has held a one-day media engagement session in Ho, the Volta Region capital, bringing together selected journalists and media practitioners to strengthen relations and enhance communication with …
- BankingBusinessEconomyFinanceForex TradingOil & Gas
Naira Gains Slightly as Nigeria’s External Reserves Hit $41 Billion High
The Nigerian naira recorded a slight appreciation against the United States dollar on Thursday at the official foreign exchange market, as the country’s external reserves rose to a four-year high …
GCB Bank PLC, one of Ghana’s largest indigenous financial institutions, has announced the appointment of Aurelia Baaba Ofori Odame as its new Head of Afro-Asia Trade and State-Owned Enterprises (SOEs). …
- AfricaBankingBusinessEconomyForex TradingTrade
African Currencies Show Mixed Outlook as Ghana’s Cedi Faces More Pressure
African currencies are set for a mixed performance in the coming week, with Ghana’s cedi expected to weaken further against the dollar, while the shilling in Kenya, the naira in …
- BankingBusinessEconomyForeign AffairsGOVERNMENTGovernment PolicyINVESTMENT
Nigeria Attracts $5.64bn in Q1 2025 as Banking Sector Leads Capital Inflows
Nigeria recorded a strong rise in foreign capital inflows in the first quarter of 2025, attracting a total of $5.64 billion. The latest capital importation report released by the National …
- BankingBusiness GrowthBusiness InsightsCorporate AffairsDevelopmentFinance
Stanbic Uganda Reports 18% Profit Rise, Shs 278bn in Half-Year 2025
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 …
- 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 …
- 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 …