The Deposit Money Banks in the country borrowed the sum of N27.5tn from the Central Bank of Nigeria through the Standing Lending Facility window of the...
United Bank for Africa (UBA) Plc, Pan-African financial institution, has announced the promotion and elevation of about 2000 of its work force, representing about 17% of...
The Jeddah-based Islamic Corporation for the Development of the Private Sector (ICD) has extended a combined $50 million in financing to three Nigerian lenders, aiming to...
To help Africa find the path to its long-deserved economic fortune, the African Development Bank is championing the region’s premier investment market. The Bank is providing...
Blockchain technology may be the answer to money laundering and fraud associated with payment processing services within financial institutions. This is according to a Forrester report...
by Lukman Otunuga Market optimism over the recovery of Africa’s largest economy has increased steadily throughout the first trading quarter of 2018. The combination of...
United Bank for Africa (UBA PLC), Africa’s global bank, has announced that its London subsidiary has obtained regulatory permission to carry out Wholesale Banking activities in...
Wema Bank Plc said it has secured $35 million facilities from two international lenders to grow financial support to small and medium-scale enterprises, SMEs in Nigeria....
United Bank for Africa (UBA) Plc has launched the second edition of its Campus Ambassador Programme with the induction of 30 new brand ambassadors. The...
Milost Global, a New York-based private equity firm, yesterday terminated $1 billion equity and debt deal designed to grant it 60 percent stake in Unity Bank...