30 results
- 13 Apr 2021
ETI Appoints Akin Dada as Group Executive, Corporate & Investment Banking
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group has appointed Akin Dada as Group Executive, Corporate and Investment Bank. Dada joined Ecobank in 2017 as the Executive…
- 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…
- 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…
- 29 Jul 2020
FBNQuest Unveils New Corporate Internet Banking Platform
FBNQuest Merchant Bank, has launched a new Corporate Internet Banking (CIB) platform, which offers an upgraded user interface with enhanced convenience for transactions. The CIB platform is a payment…
- 19 Dec 2016
FBN Capital Bags Investment Banking & Asset Management Awards
FBN Capital Limited, the Investment Banking and Asset Management business of FBN Holdings Plc, has again received the prestigious ‘Best Local Investment Bank in Nigeria’ and ‘Best Asset Manager in…
- 7 Oct 2016
CBN Set Limits on Banks' Investment in Govt. Islamic Bonds
Nigeria's central bank has set commercial banks' investment in Islamic bonds issued by state governments to 10 percent of the total amount on offer and fixed a maximum tenor of 10 years for the…
- 22 Nov 2023
Wema Bank Signs $50m Facility with ECOWAS Bank for Investment, Devt
Wema Bank has signed a credit facility of $50 million with the Economic Community of West African State (ECOWAS) Bank for Investment and Development (EBID). The funds are reserved specifically to…
- 1 Jan 2015
Ecobank Named Investment Bank of the Year
Ecobank has been named Investment Bank of the Year – Nigeria in the Wealth & Finance International magazine Finance Awards 2014. The 2014 Finance Awards were developed to recognise and reward…
- 16 Aug 2016
NDIC Charges Jaiz Bank on Good Corporate Governance
The Management of Jaiz Bank Plc has been advised to strengthen its corporate governance in order to weather the storm of economic challenges that is currently facing Nigeria’s banking industry. A…
- 5 Feb 2018
Nova Merchant Bank Raises Hope for Corporate, Trade Financing
The re-entry of merchant banks into the Nigerian financial landscape, according to analysts, raises hope for corporate and trade financing. Philips Oduoza, chairman, Nova Merchant Bank Limited…
- 12 Aug 2026
World Bank Investing $25 million in Equity in Jumia Technologies
The World Bank Group is supporting the expansion of Africa's digital commerce infrastructure to help small businesses reach new markets, create jobs, and strengthen economic opportunities across the…
- 17 Jun 2020
IFC Invests in Zenith Bank to Support SMEs
IFC, a member of the World Bank Group, has announced an investment of up to $100 million in Nigeria’s Zenith Bank Plc to help it increase support to clients and companies whose cash flows have been…
- 16 Mar 2022
Sterling Bank Breaks New Ground in Liquidity Management with the Launch of Omni X Platform
In a bid to improve banking experience for non-bank and other financial institutions, corporate clients, UHNIs and HNIs, Sterling Bank Plc have launched a revolutionary digital platform, named Omni…
- 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…
- 2 Aug 2021
Zenith Bank GMD Seeks Impact Investment for Africa's Development
Mr. Ebenezer Onyeagwu, Group Managing Director/Chief Executive of Zenith Bank plc, has called for increased impact investing in Africa to enable it attain its full potential. He made the call during…
- 1 Jan 2019
NSE Expels Diamond Bank, Others from Corporate Governance Index
Nigerian Stock Exchange (NSE) has removed Diamond Bank Plc, Continental Reinsurance Plc and NEM Insurance Plc from its Corporate Governance Index. The NSE, in a statement on Monday, said the…
- 12 Apr 2010
Lafferty Foresees Opportunities in Standalone Retail Banking
Michael Lafferty, founder, Lafferty Group, a financial advisory group based in London has said that Nigeria is on the verge of being the world’s best in retail banking. He made this known to…
- 9 Aug 2021
GCR Assigns Investment Grade Ratings to Greenwich Merchant Bank
Greenwich Merchant Bank Limited has been rated BBB- (NG) Long Term, and A3 (NG) Short Term with a stable outlook by global credit rating agency, GCR Ratings. The assigned rating is premised on…
- 10 Aug 2020
Nova Merchant Bank Leverages on Technologies to Deliver World Class Services- MD
Nova Merchant Bank is leveraging on technologies to deliver world class end to end financial services solutions covering corporate banking, investment banking and so on, according to Anya Duroha,…
- 6 Mar 2020
IFC Partners Coronation Merchant Bank to Boost Trade Finance in Nigeria
IFC, a member of the World Bank Group, today announced a $40 million Trade Finance Guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program. This will enable Coronation…
- 3 Feb 2014
IFC, IIB to Boost Development in Emerging Markets
International Financial Corporation (IFC) and International Investment Bank (IIB) have agreed on closer collaboration, to provide vital financing to private companies, help boost growth, and create…
- 2 Oct 2013
AfDB Invests $70m n PTA Bank to Boost Trade in Africa
Board of Directors of the African Development Bank (AfDB) has approved a financial package consisting of $20 million in additional equity and a $50-million line of credit (LOC) to finance projects in…
- 3 Jun 2013
ICSFS Showcases Universal Banking Solution in Turkey
ICS Financial Systems (ICSFS), a global leader in the banking software industry, showcased its complete suite of banking software offerings at the Banking Technology Turkey Summit, which was held in…
- 2 Feb 2018
Oduoza, Former UBA Boss Floats Nova Merchant Bank
Phillips Oduoza, quintessential banker and former group managing director of the United Bank for Africa (UBA), has launched Nova Merchant Bank. Nova Merchant Bank has already designed…
- 10 Apr 2022
CBN Approves DLM Capital Group’s Acquisition of Links Micro Finance Bank
Prominent Development Investment Bank, DLM Capital, has received the final approval of the Central Bank of Nigeria (CBN) for its acquisition of Links Microfinance Bank. This approval will further…
- 24 Mar 2022
Sterling Bank Carries Out Environmental Cleaning Exercises in 23 States Across Nigeria.
As part of its commitment to create a cleaner and safer environment for the citizenry and aquatic life under its Corporate Social Responsibility (CSR) initiative known as Sterling Bank Environmental…
- 16 Feb 2026
UBA Unveils Diaspora Platform to Connect Global Africans with Investment, Wealth Opportunities
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has unveiled a diaspora banking and investment platform designed to serve Africans living and working across the world and within the…
- 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…
- 19 Feb 2021
FMDQ Exchange Admits Coronation Merchant Bank’s Commercial Paper Series
As Corporate institutions continues to explore alternative financing options by tapping the debt capital market, DCM, to sustain their business activities and plug capital shortfalls, FMDQ Securities…
- 15 Feb 2010
European Bank Loans $330 Million to 3 Nigerian Banks
European Investment Bank (EIB) has granted a N240 million loan ($330 million) to three Nigerian banks for the development of infrastructural facilities in the country. The three banks that benefited…