Banking & Finance

NAIROBI, June 5 – Standard Chartered Bank’s growing use of artificial intelligence is reshaping how banking operations are managed, with its Kenyan …

LAGOS, June 3 – The Central Bank of Nigeria (CBN) has launched a revised Foreign Exchange Manual aimed at improving transparency, reducing …

LAGOS, June 2 – Nigeria’s banking sector has recorded a rise in non-performing loans (NPLs), with the ratio climbing to 8.03% in …

CAIRO, May 23 – The African Export-Import Bank reported first-quarter profit of $268.9 million for 2026, supported by stronger lending activity and …

LONDON, May 22 – Investec has applied for a banking license in Ireland as the South Africa- and UK-listed lender seeks to …

JOHANNESBURG, May 21 – South African lender Investec reported a record annual dividend for the fourth consecutive year after the specialist lender …

LONDON, May 20 – Standard Chartered Chief Executive Officer Bill Winters moved to reassure employees after comments about replacing “lower-value human capital” …

GENEVA, May 19 – The world bank Group’s Multilateral Investment Guarantee Agency plans to more than double the value of guarantees it …

KIGALI, May 19 – Mauritius Commercial Bank plans to deploy $1 billion over the next four years to finance intra-African trade and …

RABAT, May 18 – Morocco’s BCP Group is expanding its private banking business and rolling out a new brand strategy as it …