The Nigerian stock market recorded a strong rebound last week as investors’ portfolio value rose by more than N986 billion within five trading sessions. The development marked the end of …
The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC) as part of fresh efforts to grow trade in raw materials, minerals and value-added goods across …
Nigeria will require a minimum annual growth rate of 21.9 percent at an exchange rate of N1,500 per dollar, or a stronger exchange rate with slower growth, to reach a …
Nigerian banks posted a strong growth in interest income, hitting ₦15.4 trillion in the past year, as tighter monetary policies by the Central Bank of Nigeria (CBN) boosted earnings. This …
he Government of Kenya has signed a US$150 million (KSh16.38 billion) financing agreement with United Bank for Africa (UBA) as part of a landmark US$1.35 billion (KSh175 billion) programme aimed …
Nigeria’s digital bank, Bankit Microfinance Bank, has put its name forward as one of the fast-rising players in the country’s financial technology space after presenting its innovations at the just …
Navigating the bustling digital sphere, Nigerian banks are in a fierce competition not just for customer deposits, but for attention and engagement. In 2025, social media is no longer a …
Malawi’s commercial banks are being called upon to move beyond their traditional role of lending and deposits, and to take a more active position in addressing the country’s economic challenges. …
The Bank of Zambia (BoZ) has announced that almost half of the country’s old banknotes have now been withdrawn from circulation as part of its ongoing currency replacement programme. Speaking …
GCB Bank, one of Ghana’s biggest financial institutions, has introduced a new Hajj Savings Account to support Muslim customers planning for the holy pilgrimage. The product is designed to provide …