Wema Bank says it has successfully concluded the first tranche of its recapitalisation exercise, having secured all relevant regulatory approvals for the…
Category:
Finance
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Heads of State, Ministers, government officials, and renowned captains of industry were among the over two thousand delegates attending day one of…
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The Bank of Canada is reviewing the extraordinary actions it took during the pandemic to stimulate the economy, in an effort to…
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Apple Inc. is set to become the most valuable U.S. company once again, taking the crown back from Microsoft Corp. as investors…
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Industrial and Commercial Bank of China Limited (ICBC), London Branch and Standard Chartered Bank (SCB) have successfully closed a $500,000,000-Dual Tranche Syndicated…
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Central Bank of Nigeria (CBN)’s Acting Director of Corporate Communications Mrs Hakama Sidi Ali has in Abuja, faulted claims that the CBN…
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African Export-Import Bank has announced the disbursement of a $40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s…
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The African Development Bank) and technology giant Intel have formalised their cooperation to transform the African digital ecosystem. The partnership aims to…
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Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, today held its 36th Annual General Meeting in Lomé, Togo, which…
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Nigeria’s premier financial institution and financial inclusion services provider has bagged two awards: Best SME Bank in Africa and Best SME Bank…
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Afreximbank has disbursed $925 million to NNPC, part of a syndicated $3.3 billion crude oil-backed prepayment facility, the African trade bank said.…
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Fidelity Bank Plc (“Fidelity Bank” or the “Bank”) has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One…
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Finance
Afreximbank commences the project development activities for an African Quality Assurance Center (AQAC), in Imo State Nigeria
African Export-Import Bank has commenced project development activities of its second African Quality Assurance Center (AQAC) in Ngor Okpala, Imo State, Nigeria,…
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First Bank said it has received the full repayment of a N456 billion loan extended to Heritage Bank. This recovery is part…
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The Nigerian Deposit Insurance Corporation (NDIC) says it will pay all the 2.3 million depositors of the failed Heritage Bank their insured…