Banking & Finance

LAGOS, April 2 – Nigeria’s banking sector has raised a total of ₦4.65 trillion ($3.36 billion) in fresh capital, marking the successful …

JOHANNESBURG, Mar 31 – African banks have surpassed the $100 billion revenue mark for the first time, with profitability significantly outperforming global …

JOHANNESBURG, Mar 31 – South African financial services group, FirstRand Ltd. has announced a major leadership reshuffle and structural overhaul as it …

JOHANNESBURG, Mar 26 – Standard Bank Group, Africa’s largest lender by assets, has forecast annual headline earnings per share growth of between …

NAIROBI, Mar 19 – Kenya is emerging as a strategic entry point for Africa’s largest banks, as lenders across the continent position …

DAR ES SALAAM, Mar 18 – Africa Finance Corporation has announced that the Bank of Tanzania has joined its shareholder base through …

NAIROBI, Mar 18 – Equity Group Holdings reported a strong financial performance for 2025, with pretax profit rising sharply on the back …

ADDIS ABABA, Mar 17 – Ethiopia’s banking sector expanded significantly in the fiscal year ending June 2025, recording its highest-ever profit alongside …

LAGOS, Mar 13 – Nigeria’s Central Bank (CBN) has formally included artificial intelligence (AI) and machine learning in its anti-money laundering (AML) …

JOHANNESBERG, Mar 12 – South Africa’s largest lender by assets, Standard Bank Group, reported 11% increase in annual headline earnings for the …