ABUJA-The Central Bank of Nigeria (CBN) has said it expects full compliance with the provisions of the Nigeria Sustainable Banking Principles (NSBP) reporting template by all...
China may replace central bank Governor Zhou Xiaochuan as part of wider personnel changes as President Xi Jinping places allies in top government positions, the Wall...
LAGOS-United Bank for Africa (UBA) Plc, one of the largest financial services group in Africa, has entered into a partnership with the African Trade Insurance Agency...
LAGOS-ACCESS Bank Plc, a leading commercial bank in Nigeria has announced plans to address a key shareholder enhancement indicator, Return On Equity (ROE), when it goes ...
LAGOS-Ahead of the transitional electricity market bound to start very soon, the Nigerian Bulk Electricity Trader (NBET) has appointed Stanbic IBTC Bank its payment agent in...
Qatar National Bank (QNB) has acquired a further 11 percent stake in pan-African lender Ecobank Transnational Incorporated in a deal worth $283 million, the Qatari lender...
JOHANESBURG-FirstRand Ltd. (FSR), Africa’s biggest bank by market value, is setting aside 10 billion rand ($924 million) for expansion across the continent as profit increases from...
JOHANESBURG-Ecobank Nigeria has signed a $20 million line of credit with Brazilian Development Bank BNDES. The facility will address special funding needs of customers and non-customers...
LAGOS-The Federal Government sold N182.85 billion ($1.13 billion) of treasury bills with maturities ranging between three months and one year, at yields lower than at its...
LAGOS-Bob Diamond’s African banking venture is pumping a whooping three hundred million dollars into Nigeria’s Union Bank as it raises its stake in a bank that...
