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...
Customers rush as banks buy dollars online at rates better than black market
Bank customers went into a frenzy on Tuesday after learning some banks had set up platforms to allow depositors electronically convert their dollars to...