Airtel Africa Plc has secured a new $500 million loan with a group of relationship banks to partially refinance its €750 million bonds maturing on May...
Citibank, an American multinational investment bank, has lost about $500 million it mistakenly transferred to a group of companies that loaned money to embattled cosmetics firm...
House of Representatives has summoned 24 banks and 14 oil companies over an alleged forex racketeering leading to an annual loss of over $30bn as revenue....
Shares in MTN Group surged 4 percent on Friday with traders attributing the rise to news that Nigeria’s central bank was on the verge of reaching...
By Cheku Alkali A fundamental objective of financial regulation is the safety and soundness of financial institutions, and the ability of regulators to mitigate systemic risk...
IFC and Citi announced yesterday the signing of a $1.2 billion risk-sharing facility to help stimulate the growth of trade in emerging markets and to support...
Central Bank of Nigeria (CBN) has given money deposit banks in the country till 2017 to adopt tier 3 data centre standard, a global standard based...
The Africa Finance Corporation (AFC) has signed a US$ 250 million syndicated term loan facility, marking its debut in the international syndicated loan market. The facility,...
Federal government is shopping for an international bank and a local lender to act as co-arrangers for N80 billion depository note to be issued this year,...