LONDON – The Bank of England hinted on Wednesday that interest rates may need to rise in just over a year after it sharply revised up...
PORT-LOUIS – AfrAsia Bank introduces Africa’s first rewards program offering real time booking on over 450 airlines and at 200,000 hotels to its World and Titanium...
LAFIA – The Central Bank of Nigeria (CBN) said it had earmarked N2 billion for disbursement to Micro, Small, and Medium Enterprises (SMEs) operators in Nasarawa...
LAGOS – Standard Chartered Bank has started syndicating a term loan on Feb. 3 for Union Bank of Nigeria, according to e-mailed statements from the arranger....
BEIJING — China’s technology giants are marching onto the turf of the country’s state-controlled banks, soaking up tens of billions of dollars’ worth of investor money....
LONDON – Barclays said it would axe up to 12,000 jobs this year even as it raised bonuses for investment bankers, prompting fury among politicians and...
ABUJA – The World Bank has approved 80 million dollars grant for Nigeria to fund its 10 Centres of Excellence in universities. The Executive Secretary of...
LONDON – Barclays Plc said its 2013 underlying earnings dropped by a quarter from the year before to 5.2 billion pounds ($8.5 billion), below expectations, which...
BERLIN – Deutsche Bank is getting closer to settling a long-running lawsuit with the heirs of late media mogul Leo Kirch who blame Germany’s biggest bank...
BEIJING – Singapore’s first Bitcoin ATM will be unveiled in mid-March, according to the owner of Bitcoin Exchange, a new company aiming to capitalize on demand...