30 results
- 18 May 2021
Access Bank Buys Mozambique’s African Banking Corporation in Latest Frenzy
Access Bank Plc has acquired Mozambique’s African Banking Corporation, as part of its aggressive expansion drive in African continent. There is no mention of the value of the transaction yet. Its…
- 30 Jul 2013
GT Bank is African Bank of the Year
Guaranty Trust Bank plc, foremost Nigerian financial institution, was conferred with the 2013 African Bank of the Year Award by the African Banker Magazine at a well attended ceremony in Marrakech,…
- 25 Sept 2020
Stanbic IBTC, Standard Bank, Listed Among Top African Corporate Brands
Stanbic IBTC Holdings PLC and its parent company, Standard Bank, have emerged amongst the top winners of the 2020 Tech Times’ Africa LinkedIn Corporate Brand Awards. The Stanbic IBTC Group emerged…
- 1 Dec 2021
UBA Group Dominates the 2021 Banker Awards, Wins ‘African Bank of the Year’
United Bank for Africa (UBA) Plc, Africa’s global bank, yet again, reaffirms its leadership position across Africa, as the bank has been globally recognised as the African Bank of the year 2021 by…
- 3 Oct 2013
Heritage Bank MD Advocates Strategy for Next Gen of African Corporates
Ifie Sekibo, managing director/chief executive officer of Heritage Bank, has said that concerted promotion and protection of Small and Medium Enterprises (SMEs) through the establishment of a solid…
- 2 Dec 2019
UBA Group Emerges African Bank of the Year for Second Year Running
The Banker Magazine has once again selected leading African financial institution, United Bank for Africa (UBA) Plc as the “African Bank of the Year 2019”. This is the second time, UBA has…
- 19 Jan 2018
Nigeria Offers to Host African Development Bank’s Regional Hub
Counting on its position as the largest shareholder of the Bank since inception, the Government of Nigeria has made a formal request to the African Development Bank to host its regional office in…
- 19 Jun 2018
UBA, Others Lead as African Banks Make Waves
Ade Ayeyemi’s office in Lomé, the capital of Togo, is a good place to think about crossing borders. Ghana is ten minutes’ drive away. From his window the boss of Ecobank can watch trucks…
- 15 Feb 2024
Nigeria, Others Float African Energy Bank with $5bn Takeoff Capital
The African Petroleum Producers Organisation (APPO) has floated the African Energy Bank with $5 billion capitalisation. The project feeds into the continent’s move to break away from hurtful…
- 26 Jun 2025
Moniepoint Clinches Two IBSi Awards for Leadership in Corporate Banking and Digital Wallet Services
Moniepoint Inc, Africa’s leading fintech platform, has been named a Category Winner in two prestigious categories — Corporate Banking and Digital Wallets — at the IBS Intelligence (IBSi) Digital…
- 1 Jul 2026
S&P Sees Increased Loan Losses for Nigerian, African Banks Amid Global Risks
Nigerian banks are expected to contend with elevated loan losses through 2026 as high interest rates, persistent inflation and the withdrawal of regulatory forbearance continue to weigh on the…
- 20 Mar 2024
Nigeria's Pan African Bank Teams Up with Cybervergent to Bolster Cybersecurity Resilience
In response to the escalating threat landscape posed by Distributed Denial-of-Service (DDoS) and other cyber-attacks, a Nigerian pan-African Bank has forged a strategic alliance with Cybervergent, a…
- 10 Apr 2019
Absa, South African Top Bank to Open Shop in Nigeria
Absa, South African lender is aiming to make a start on its investment bank-focused expansion into Nigeria in the second half of this year, according to Charles Russon, chief executive of the…
- 19 Apr 2021
Access Bank acquires BancABC of Botswana with Cash
Access Bank has agreed to buy a majority stake in BancABC, the African Banking Corporation of Botswana for cash. The new acquisition comes a month after the Nigerian bank acquired a South African…
- 15 Jul 2020
Ecobank Group Named Africa’s Best Bank for Corporate Responsibility by Euromoney
Ecobank has won the coveted prize of Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020. Euromoney recognises Ecobank’s focus on sustainability and…
- 27 Jan 2014
NEXIM Bank Bags Best Performing African DFI
The Association of African Development Finance Institutions (AADFI) has rated the Nigerian Export-Import Bank (NEXIM) as ‘Best Performing African DFI.’ The decision was an outcome of the ‘2013…
- 7 Mar 2014
UBA Deepens e-Banking Channels, Toasts Robust Banking Platform
United Bank for Africa (UBA), the leading African Bank that offers online/internet banking, consumer banking, business banking, investment banking, institutional banking, at the weekend, said that it…
- 9 Jun 2016
Dangote Acquires Shares in Afreximbank
The Dangote Group, Africa’s leading indigenous conglomerate, has become the latest corporate organisation to join the African Export-Import Bank as a shareholder. According to information released by…
- 11 Jun 2024
Access Bank Completes Acquisition of BancABC Tanzania
Access Bank Plc, has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (“BancABC Tanzania” in line with its strategic expansion goals. This…
- 19 Apr 2020
Kaspersky Reports Over a Third of Banking Malware Attacks in 2019 Targeted Corporate Users
In 2019, 773,943 users of Kaspersky solutions globally were attacked by banking Trojans. Of those users, a third (35.1%) were in the corporate sector. African countries were affected too: almost…
- 5 Apr 2018
AfDB Approves a $50M Risk Participation Agreement to Address Africa’s Trade Finance Market
The Board of Directors of the African Development Bank has approved a US $50-million unfunded Risk Participation Agreement for Commerzbank AG (Commerzbank). The Risk Participation will leverage…
- 19 Apr 2018
EIB, AfDB to invest US$70m in Development Bank of Nigeria
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment…
- 13 Oct 2021
Access Bank Completes Acquisition of Majority Stake in BancABC Botswana
Access Bank Plc has completed the acquisition of a majority stake of 78.15 percent in African Banking Corporation of Botswana Limited , BancABC Botswana. The bank announced this in a statement signed…
- 1 Apr 2017
AfDB Approves $450m Trade Finance Package for Afreximbank
The Board of Directors of the African Development Bank (AfDB) has approved on $450 million Trade Finance Package for the African Export–Import Bank (Afreximbank). The facility consists of a 3-year…
- 19 Jan 2015
GTBank Bags ‘Best Corporate Governance, Africa’ for 2015 Award
Guaranty Trust Bank Plc, has been awarded ‘Best Corporate Governance, Africa’, for the Financial services category by the Ethical Boardroom Magazine UK. The ‘Corporate Governance Award’ organized by…
- 29 Oct 2018
AfDB Partners Launch E-Learning Program for African Financial Institutions
The Trade Finance Division of the African Development Bank and the International Islamic Trade Finance Corporation (ITFC), have teamed up with the International Chamber of Commerce (ICC) to launch a…
- 2 Sept 2013
UBA Consolidates Pan African Leadership with Key Appointments
United Bank for Africa Plc (UBA), the Pan-African bank with operations in 19 African countries and New York, London and Paris, has launched Project Alpha – the Group’s next stage focus of strategic…
- 29 Jan 2025
AfDB Partners AXIAN Telecom to Accelerate Africa's Digital Transformation
The African Development Bank has approved a $160 million senior corporate loan to support AXIAN Telecom to expand digital access and financial inclusion in nine African countries. The loan will…
- 23 Oct 2018
UBA Reiterates Commitment to Strong Corporate Governance Standard, Honours Retired Directors
United Bank for Africa (UBA), Pan African financial institution, Plc at the weekend honoured four retiring directors while restating its commitment to ensuring strong corporate governance across the…
- 6 Mar 2020
Why Hackers are Targeting African Firms- Microsoft
Hackers are now focusing more on African Banks, telecom firms and many other corporate bodies on the African continent due to low implementation of safety measures, Microsoft has disclosed. According…