African banks resilient despite challenges, EIB says
African banks face climate risks due to lending to governments and the private sector but have overall shown resilience in the face of challenges,...
Fidelity Bank takes over Union Bank UK
Fidelity Bank says its completed a 100% takeover of Union Bank UK, after receiving approvals from regulatory bodies.
“…. the bank is pleased to announced...
Afreximbank looks to $200 million credit to Anambra state
The African Export-Import Bank has signed an agreement with Anambra state to collaborate on state development efforts through the provision of project preparation and...
CBN raises interest rate as Tinubu seeks lower borrowing costs
The Central Bank of Nigeria raised its key lending rate by 25 basis points to 18.75% on Tuesday in a bid to tame a...
Access Bank acquires Standard Chartered in Sub-Saharan Africa
Standard Chartered has announced it is completing a deal to sell its subsidiaries in sub-Saharan Africa to Nigeria’s Access Bank.
The bank says it is...