Stanbic IBTC Bank has announced the return of its special savings reward scheme tagged Save and Enjoy Promo Season 2, designed exclusively for its private banking clients. The bank said …
BankingBusinessFinanceLifestyle
Category:
Finance
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EconomyFinanceGOVERNMENTOil & Gas
Oil-Producing States Cut Domestic Debts by N610bn with Boost from 13% Derivation Fund
Oil-producing states in Nigeria have reduced their domestic debts by about N610.84 billion between June 2023 and March 2025, largely due to record inflows from the 13 per cent derivation …
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Central BankingCurrencyEconomyFinanceForeign AffairsMarkets
Naira Dips Slightly as Weekly Forex Inflows Slow
The Nigerian naira lost a little ground in the official foreign exchange market on Monday, slipping from N1,535.03 to N1,536.42 per dollar. The minor drop, according to market analysts, was …
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BusinessDevelopmentFinanceInternational TradePublic SectorTrade
Ghana Importers and Exporters Meet Central Bank Governor
The Importers and Exporters Association of Ghana (IEAG) has met with the Governor of the Bank of Ghana (BOG), Dr. Johnson Pandit Asiama, to discuss economic issues affecting trade and …
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Business and EconomyFinanceGovernanceTradeWestern Africa
Bank of Ghana Bans Dollar Cash Payouts to Corporates
The Bank of Ghana (BoG) has introduced fresh measures to control the way large companies withdraw foreign currency from banks, following growing concern that the practice was putting pressure on …
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AfricaBusinessEconomyFinanceInsuranceINVESTMENT
Africa Re Records $102m Profit as Premiums Grow 15% in First Half of 2025
The African Reinsurance Corporation has reported a strong financial performance for the first half of 2025, with Gross Written Premium rising by 15.31 per cent to $644.30 million, up from …
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BankingDevelopmentEconomyFinanceGovernanceNews
Parallex Bank Unveils N4bn Support Fund for Lagos Local Governments
Parallex Bank Limited has introduced a N4 billion financial support programme aimed at boosting the operations of local governments across Lagos State. The initiative, which targets all 20 Local Government …
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BankingBusinessEconomyFinanceNewsNigeriaTechnology
UBA Unveils Fifth Supersavers Promo with N150m Prize to Boost Savings Culture
The United Bank for Africa Plc has launched the fifth season of its Supersavers Promo, which will reward customers with N150 million in prizes while encouraging more Nigerians to embrace …
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BusinessCommunity DevelopmentEconomyFinanceHealthTechnology
M-Kopa offers smartphones with health cover in Uganda
M-Kopa Uganda has launched a new program called “More Than a Phone” to give everyday Ugandans access to quality smartphones with extra benefits like health insurance, device repair, and affordable …
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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 …