Kenya Commercial Bank (KCB) Group Limited is poised to become the first foreign banking institution to enter the Ethiopian financial services sector, following the country’s recent banking liberalisation reforms. Sources …
Business confidence in South Africa picked up modestly in May, rebounding from a sharp decline in April, according to data released by the South African Chamber of Commerce and Industry …
The Algerian government has taken fresh steps to strengthen its economic presence in Libya, holding a high-level meeting with local banks and export companies to tackle the challenges facing exporters …
The European Union (EU) has officially removed the United Arab Emirates (UAE) from its list of high-risk countries for money laundering and terrorist financing. The announcement, made on Tuesday, brings …
Non-interest financial institution TAJBank has signed the completion agreement for the second tranche of its N100 billion Mudarabah Sukuk bond programme, valued at N20 billion. The agreement was formally concluded …
Africa is set to establish its own credit rating agency, the African Credit Rating Agency (AfCRA), as part of a bold move to challenge the dominance of global rating giants …
Global credit rating agency Fitch Ratings has once again affirmed Stanbic IBTC Holdings PLC at an ‘AAA(nga)’ rating, maintaining the top-tier national long-term rating with a stable outlook. This marks …
Nigeria has been ranked third among Africa’s top ten manufacturing countries, according to a recent report by a leading business information platform for entrepreneurs and investors across the continent. The …
LAGOS, Nigeria – The United States Ambassador to Nigeria, Richard Mills, has announced a renewed American commitment to boosting trade, investment, and private sector collaboration with Nigeria, describing the country …
ABUJA, Nigeria — The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians against investing in Punisher Coin, also known as $PUN, describing the ongoing presale of …