Seven Nigerian banking groups hold combined assets of $136.8 billion, accounting for about 10 per cent of the verified assets of Africa’s 50 largest banking groups, according to a ranking …
BankingFinanceFinancial Markets
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Financial Markets
- BusinessCapital MarketCompaniesFinancial MarketsINVESTMENTNigerian Economy
NASD Market Cap Rises to N2.19tr on Continued Investor Interest
by Radarr Adminby Radarr AdminThe NASD Over-the-Counter (OTC) Securities Exchange sustained its positive momentum, recording gains for the fourth consecutive trading session as investor sentiment remained mildly upbeat in the unlisted securities market. Market …
- Africa EconomyBusinessFinancial MarketsINVESTMENTTelecommunications
Vodacom Moves to Take Control of Safaricom in $2.1 Billion Deal as Kenya Sells Stake
by Radarr Adminby Radarr AdminSouth Africa’s biggest mobile operator, Vodacom Group, has announced a major step to increase its presence in Africa with a plan to take control of Safaricom, East Africa’s largest telecoms …
- BankingFinancial MarketsINVESTMENTSouth Africa Economy
Nedbank Finalises Major Revamp and Eyes Digital Growth with iKhokha Deal
by Radarr Adminby Radarr AdminNedbank says it has completed its major restructuring plan for the organisation, but the South African banking group warned that its performance for 2025 will likely remain weak. The update …