Nigeria’s foreign reserves have crossed the $45 billion mark, according to the latest data released by the Central Bank of Nigeria (CBN). Last week foreign exchange...
African Export-Import Bank said it has successfully closed its second Samurai bond transaction, securing a total of JPY 81.8 billion (approx. USD 527 million) through Regular...
Ecobank Nigeria, a member of Africa’s leading pan-African banking group, has announced the launch of the Ecobank SME Bazaar—a two-weekend festive marketplace designed to celebrate local...
The Central Bank of Nigeria (CBN) has said that16 banks have so far met the new capital requirements for their various licences, some four months before...
Ghana’s central bank cut its main interest rate by 350 basis points to 18.0% on Wednesday, citing an improved economic outlook and expectations for further declines...
Central Bank of Nigeria Monetary Policy Committee has retained the Monetary Policy Rate at 27 per cent, maintaining its tight monetary policy as part of ongoing efforts to rein in...
At the recent Bloomberg Africa Business Summit, some of the continent’s most influential banking leaders convened to address a defining question for Africa’s economic trajectory: How...
A total cash prize of ₦140 million has been awarded to ten (10) African innovators to scale their transformative solutions after a keenly contested hackathon and...
The Central Bank of Nigeria (CBN) has said that the Nigerian economy is firmly on the path to recovery, saying that the sharp decline in inflation,...
African Export-Import Bank (Afreximbank or the “Bank”) and its subsidiaries (the “Group”) delivered solid results for the nine months period ended 30 September 2025, underscoring its...
Central Bank of Nigeria (CBN) has said that the activities of an entity operating under the name Zuldal Microfinance Bank Limited, which reportedly has branches in...
The African Development Bank Group has commenced a round of high-level meetings with African development finance institutions and private sector financial partners to forge a bold,...
Chairman, Independent Corrupt Practices and Other Related Offences Commission, Dr Musa Aliyu, has said Africa loses over $50 billion annually to illicit financial flows, undermining development and...
Nigeria’s foreign reserves surged past $46 billion, Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, said at a forum. Cardoso, who was represented by...
Lagos State bond has recorded a 55% oversubscription, thus making history with the conclusion of the book building for its landmark bond issuance that has recorded...