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 …
Financial Services
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Banking, Finance & InvestmentBusinessFinance & ServicesInnovationINVESTMENTSouth AfricaTechnology
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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 …