30 results
- 28 Jun 2018
European Investment Bank Plans €700m Investment in Nigeria
Ms Isabelle Grunderbeeck, the Regional Representative for West Africa of European Investment Bank (EIB), says the bank plans to invest 700 million euros in some identified projects in Nigeria.…
- 23 Nov 2013
Dar Es Salaam Investment Bank Goes Live on ICS BANKS®
Dar Es Salaam Investment Bank (DES), one of the leading private banks in Iraq, has gone live with a new universal banking system, ICS BANKS® from ICS Financial Systems Limited (ICSFS), the global…
- 25 Nov 2013
Dar Es Salaam Investment Bank Goes Live on ICS BANKS®
Dar Es Salaam Investment Bank (DES), one of the leading private banks in Iraq, has gone live with a new universal banking system, ICS BANKS® from ICS Financial Systems Limited (ICSFS), the global…
- 2 Nov 2015
Mansour Bank for Investment Selects ICSFS for Core Banking System Replacement
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announces that Mansour Bank for Investment, an Iraq-based bank and its partner,…
- 1 May 2025
DBN to Invest $2.5m in Proposed Youth Entrepreneurship Investment Bank
The Development Bank of Nigeria (DBN) has received shareholders’ approval to invest $2.5 million or 25% equity stake in the proposed Youth Entrepreneurship Investment Bank (YIB) — a new investment…
- 10 Dec 2012
Yemen Kuwait Bank for Trade & Invest. Goes Live on ICS BANKS
Yemen Kuwait Bank for Trade & Investment (YKB), the first bank to be established by the private sector in Yemen, has successfully implemented ICS BANKS the universal banking solution from ICS…
- 30 Jul 2015
RenCap Hires James Friel as Global Head of Investment Banking
Renaissance Capital, a leading emerging and frontier markets investment bank, has hired James Friel as Global Head of Investment Banking effective September 2015. Friel will oversee all investment…
- 20 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…
- 4 Oct 2016
FBN Capital Receives ‘Best Investment Bank Award’
FBN Capital Limited, the Investment Banking and Asset Management subsidiary of FBN Holdings Plc, has received the prestigious ‘Best Africa Investment Bank Award’ for the second consecutive year. The…
- 20 Jan 2021
AfDB, European Investment Bank Sign Joint Partnership Action Plan to Fast-track Development in Africa
The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities…
- 10 Nov 2013
Banks Invest $2.5Bn on ATMs to Decongest Banking Halls
Money deposit banks in the country have invested some $2.5billion in the acquisition of Automated Teller Machines (ATMs) deployed across the country at both offsite and banking premises,…
- 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…
- 8 Sept 2008
Bank Invest N26Bn in SMEEIS-CBN
The Central Bank of Nigeria (CBN) has said that more than N26 billion has been invested in Small and Medium Enterprises Investment Scheme (SMEEIS) by the 24 consolidated banks as at August, 2008. The…
- 5 Jan 2018
Alrajih Islamic Bank for Investment & Financing opts for iMAL from Path Solutions
Path Solutions, the global provider of software solutions and services for Islamic banks and financial institutions, announces that Alrajih Islamic Bank for Investment and Financing (“Alrajih Islamic…
- 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…
- News9 Sept 2026
World Bank Invests N1.5Bn in Malaria Intervention in Nigeria- IHVN
Institute of Human Virology Nigeria (IHVN), has said that the World Bank invested about N1.5 billion in the implementation of the IMPACT Malaria Project in Ondo State in Southwestern Nigeria.
- 6 Mar 2023
European Investment Bank Unveils Fibre Plan for 2.5m Africans
As efforts to close the gap on digital divide in Africa accelerate, European Investment Bank (EIB) has unveiled a bold plan to connect more than two million people in the Democratic Republic of the…
- 14 Oct 2024
CBN Asks Banks to Invest More in Cybersecurity to Safeguard Depositors
Central Bank of Nigeria (CBN) has urged banks in the country to make significant investments in cybersecurity to safeguard depositors’ savings from hackers. Dr. Adetona Adedeji, acting director of…
- 19 May 2014
Banks, Merchants Invest $80m on PoS Terminals
Money deposit banks and merchants in the country have invested some $80 million in the acquisition of Point of Sale (PoS) terminals in their effort to facilitate electronic payment, Nigeria…
- 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…
- 4 Aug 2015
ISPON Urges Nigerian Banks to Invest in Tech Startups
The Institute of Software Practitioners of Nigeria (ISPON), an umbrella body for indigenous software companies in the country, has recommended that Nigerian banks should emulate their foreign…
- 15 Apr 2019
NOVA Merchant Bank Rated Investment Grade by 2 Leading Rating Agencies
NOVA Merchant Bank Limited, in yet another milestone, has received an investment grade rating from both Agusto & Co (Bbb) and Global Credit Ratings (BBB-). This is in furtherance of its…
- 30 Oct 2014
Banks to Invest $16Bn in Branch Transformation in 2017- Report
A study commissioned by Wincor Nixdorf AG predicts that in 2017, banks worldwide will invest approximately $16 billion in branch transformation and related technologies, a company news release said.…
- 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…
- 22 Sept 2018
Experts Urge Banks to Invest in Data Authentication to Boost Financial Inclusion
Investing in data authentication and detection software by the banks and other financial institutions would lead to the expansion of loan database, improve services and boost financial inclusion.…
- 23 Apr 2020
Keystone Bank Disowns Fake Investment Company of Ex-Staff
Management of Keystone Bank Limited, has alerted its teeming customers of the activities of one Mr. Obinna Onuselogu, who parades a company, Triple C Investment Limited, as an affiliate of the bank…
- 6 Oct 2014
FG urges EU to Invest in Development Bank
Federal Government has urged the European Union to invest in the proposed Wholesale Development Bank through the union’s development financing outfit, the European Development Bank. A statement from…