Category: Banking

Tony Elumelu acquires additional N43.9bn UBA shares in two days

The Chairman of United Bank for Africa, Tony Elumelu, has purchased shares worth N43.9 billion...

CBN commits to long-term stability through sustained reforms

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has reiterated the bank’s...

AfDB’s capital surges 241.9% in a decade

The African Development Bank has recorded a remarkable 241.9% increase in its capital base over...

Ecobank secures additional $125m via Eurobond

Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has successfully raised an additional...

Development banks pledge $610m to tackle climate threats in Africa

The African Development Bank and the Islamic Development Bank have unveiled a $610 million joint...

Nigeria secures additional $215m W’Bank loan for palliatives

The World Bank has increased its disbursement to Nigeria under the $800 million National Social...

Zenith Bank CEO assures shareholders of strong, sustainable dividends

The Group Managing Director and CEO of Zenith Bank PLC, Dame Dr. Adaora Umeoji, has...

Sterling Bank offers Lagosians free rides

Sterling Bank has once again redefined corporate citizenship by launching an unexpected initiative in Lagos....

Afreximbank launches $3b revolving credit facility for petroleum imports

The African Export-Import Bank has introduced a $3 billion revolving credit facility aimed at streamlining...

UBA plans ambitious expansion to over 100 countries

United Bank for Africa Plc announced a bold strategic vision to expand its operations to...

UBA on track to meet CBN’s ₦500bn capital requirement – Elumelu

United Bank for Africa Plc is on track to meet the Central Bank of Nigeria’s...

CBN, NGX unveil reforms to boost global investment

Nigeria’s financial regulators and market operators recently gathered at Nasdaq MarketSite in New York to...