Saturday, September 28, 2024

Banks

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...

Otudeko’s Honeywell buys N91 billion shares to become First Bank’s top owner

Honeywell Group, owned by Oba Otudeko, has stepped up its stake in FBHoldings Plc, the owner of First Bank, by acquiring nearly five billion...

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