Banking

All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs

Latest Banking News

Wema Bank appoints Moruf Oseni new MD

Wema Bank Plc's Board of Directors has appointed Moruf Oseni as its

Bisola David Bisola David

Kuda begs as customers’ money vanish after second glitch

Kuda Bank has apologized to its customers after another technical failure in

Bisola David Bisola David

Bank of Zambia okays Access Bank, African Banking Corporation merger

The Bank of Zambia has given its final regulatory permission for one

Bisola David Bisola David

CBN denies rumors on suspension of OPAY, PALMPAY

The rumors that the Central Bank of Nigeria has suspended accounts of

Bisola David Bisola David

More banks will collapse in two years, Man Group CEO predicts

The CEO of hedge fund Man Group, Luke Ellis, has warned that

Joy Onuorah Joy Onuorah

LAPO MFB rewards customers to encourage saving

Some customers of Lapo Microfinance Bank have received cash prizes as a

Oluwanifemi Ojo Oluwanifemi Ojo

Investment bank Credit Suisse targets $50bn loan to stabilise finances

The financially distressed Credit Suisse says it would borrow up to 50

Bisola David Bisola David

Global financial stocks lose $465bn over SVB collapse

As a result of investors reducing their exposure to lenders from New

Bisola David Bisola David

SVB collapse deepens crisis fears despite US intervention

On Tuesday, after assurances from President Joe Biden and other authorities failed

Joy Onuorah Joy Onuorah

AfDB launches $5.9m financial support program for Africa

In order to strengthen the collaboration between African nations in the battle

Bisola David Bisola David

Wema Bank issues N25b bond to investors

Wema Bank has issued a N25 billion bond to selected investors in

Joy Onuorah Joy Onuorah

Syria loses 10% GDP to earthquake – World Bank

The World Bank has said the damage caused by the earthquake on

Oluwanifemi Ojo Oluwanifemi Ojo