Two big banks from Morocco, Attijariwafa Bank and Banque Centrale Populaire (BCP), have made it into the Forbes Global 2000 ranking for 2025. The two banks were recognized for their …
Financial Services
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AfricaBanking, Finance & InvestmentBusinessFinance & ServicesNorth Africa
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BusinessDevelopmentFinance & Services
LAPO Bank Report Shows 70% of Nigerian Families Lack Access to Affordable WASH Loans
A new report by LAPO Microfinance Bank has revealed that more than 70 per cent of Nigerian families do not have access to affordable loans for water, sanitation, and hygiene …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesInnovationTechnology
Nigerian Banks’ Recapitalisation to Benefit Marine, Arts, Hospitality Sectors
Some sectors of the Nigerian economy, like the marine and blue economy, entertainment and arts, and hospitality, are expected to benefit from the ongoing recapitalisation of banks. This was made …
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Banking, Finance & InvestmentBusinessDevelopmentEconomyFinance & Services
PremiumTrust Bank Opens New Branch in Osogbo to Expand Services and Support Economic Growth
PremiumTrust Bank, a leading commercial bank in Nigeria, has opened a new branch in Osogbo, the capital of Osun State. The bank made this announcement in a statement on Thursday. …
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Banking, Finance & InvestmentBusinessFinance & ServicesInnovationINVESTMENTSouth AfricaTechnology
Capitec Becomes South Africa’s Biggest Bank by Market Value, Overtakes Standard Bank
Capitec Bank has overtaken some of South Africa’s oldest and biggest financial institutions to become the country’s most valuable bank by market capitalisation. The bank, which was founded in 2001 …
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AfricaBusinessEconomyEnergyFinance & ServicesNigeriaTechnologyWestern Africa
Baobab Group Sells Majority Stake in Baobab+ to US-Based BioLite
Baobab Group has completed the sale of its majority stake in Baobab+ to BioLite, a renewable energy social enterprise based in the United States. The move marks a significant shift …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTNigeriaTechnology
CIBN to Hold 2025 Annual General Meeting on May 17 in Hybrid Format
The Chartered Institute of Bankers of Nigeria (CIBN) has announced that its 2025 Annual General Meeting (AGM) will take place on Saturday, May 17, and will adopt a hybrid format …
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Banking, Finance & InvestmentBusinessBusiness InsightsEconomyNigeriaSpotlightTechnologyTelecommunications
GTBank hikes SMS alert fee to ₦6
Guaranty Trust Bank (GTBank) has informed its customers that there will be an increase in the fee for SMS transaction alerts, effective from Thursday, May 1, 2025. The new charge …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeria
CBN Approves Greenwich Trust Limited’s Transition to Holding Company Structure
The Central Bank of Nigeria (CBN) has officially approved Greenwich Trust Limited’s transformation into a holding company structure, now operating under the name Greenwich Holdings Limited. This approval marks a …