Egyptian Bank to Buy Nigerian Firm, Primera Africa An Egyptian investment bank, EFG Hermes Holding, said it had signed sale and purchase agreements to acquire Primera...
Banking Sector: 462m Transactions Done in Q4 2017 The Nigerian banking sector carried out a total of 461,980,541 transactions in the final quarter of 2017, according...
Barclays Sued by Fund for $850 Million for Copper Market Abuse Red Kite Management Ltd., the world’s largest metals hedge fund, is suing Barclays Plc for...
Standard Bank Names Tshabalala as First Sole Black CEO Africa’s largest Bank, Standard Bank Group Ltd. named Sim Tshabalala as Chief Executive Office, putting an end to...
Barclays Bank asks Customers with Less than £100,000 to Close their Accounts Barclays Bank has asked expatriates, including Nigerians, with less than £100,000 deposit to close...
Unity Bank, BoI Boost Small Business Growth Unity Bank Plc is set to partner the Bank of Industry for the execution of the Government Enterprise and...
HSBC Earnings Beat Estimates HSBC Holdings Plc beats analysts’ prediction in the second quarter of the year, following the decision of the outgoing Chief Executive Officer...
Gap Between Tier 1, Tier 2 Banks Widens The divide between the haves and the have-nots among Nigerian banks is widening, according to a report by...
Fitch: Nigerian Banks’ Foreign Currency Liquidity Improving One of the leading global rating agencies, Fitch Ratings has stated that Nigerian banks’ ability to access foreign currency...
Jaiz Bank Emerges Worst Performing Stock on NSE in May Jaiz Bank has emerged the worst performing stock in percentage terms on the Nigerian Stock Exchange...