Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
Banking
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BankingCapital MarketEconomyFinanceINVESTMENT
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AfricaBankingBusinessEconomyFinanceINVESTMENT
Zenith Bank Plans Major Expansion into Côte d’Ivoire and Francophone Africa After N614.65bn Capital Raise
Zenith Bank Plc has announced plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, marking a major step in its goal to become a leading …
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AwardsBankingBusinessFinanceINVESTMENTTechnology
CardinalStone Group Shines at 2025 BAFI Awards with Dual Wins
CardinalStone Group has won two major awards at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, further solidifying its reputation as one of Nigeria’s most innovative and trusted …
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AfricaBankingDevelopmentEconomyFinanceSustainability
UBA to Launch Whitepaper on Unlocking Africa’s Growth Potential
United Bank for Africa Plc (UBA) has announced plans to launch a major whitepaper designed to accelerate Africa’s economic development through improved financial systems, strategic partnerships, and sustainable growth initiatives. …
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BankingConsumer ProtectionEconomyFinanceGovernanceNational AssemblyRegulation
Reps to Probe Arbitrary Bank Charges as Nigerians Decry Unexplained Deductions
The House of Representatives has resolved to investigate what it described as the arbitrary, excessive, and unexplained charges imposed on customers by commercial banks across Nigeria. The lawmakers made this …
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BankingCapital MarketCorporate AffairsEconomyFinanceNigeriaRegulation
Big Banks in Nigeria Spend ₦442 Billion on AMCON Charges as Profits Fall
by Radarr Adminby Radarr AdminNigeria’s biggest commercial banks have spent a total of ₦442 billion on the Asset Management Corporation of Nigeria (AMCON) levy in the first half of 2025, representing a 34 percent …
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AwardsBankingBusinessEconomyTechnology
Polaris Bank Wins Digital Bank and MSME Bank of the Year at 2025 BAFI Awards
Polaris Bank has reaffirmed its leadership in Nigeria’s digital banking space by winning two major honours — the Digital Bank of the Year and Best Bank for Micro, Small and …
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Arts & CultureBankingEconomyGOVERNMENTInfrastructureTravel & Tourism
CBN, Bankers’ Committee Reopen Renovated National Theatre
Nigeria on Wednesday, October 1, 2025, officially reopened the newly renovated National Arts Theatre in Iganmu, Lagos, now renamed the Wole Soyinka Centre for Culture & Creative Arts, after a …
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BankingDigital EconomyEastern AfricaFinanceSMEsTrade
CIB Kenya targets SMEs with digital banking and trade finance expansion
Commercial International Bank (CIB) Kenya is setting its sights on reshaping the country’s banking landscape through a digital-first approach and innovative lending models that focus on small businesses and regional …
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The United Bank for Africa (UBA) Plc has kicked off its 2025 edition of Customer Service Week, reaffirming its dedication to putting customers at the centre of its operations. The …