BEIJING, June 24 – Bank of Africa has signed two strategic cooperation agreements in Beijing aimed at strengthening economic ties between China …
Banking & Finance
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Banking & Finance
Lloyds Considers Acquisition of Aldermore as FirstRand Seeks Exit from UK Banking Market
LONDON, June 23 – Lloyds Banking Group is reportedly exploring a potential acquisition of Aldermore Bank as South Africa’s FirstRand Group continues …
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Banking & Finance
Standard Bank Targets Africa’s SME Boom as It Pursues $15 Billion Revenue Opportunity
JOHANNESBURG, June 18 – Standard Bank Group is intensifying its efforts to expand business banking operations across Africa, targeting a revenue opportunity …
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ABUJA, June 16 – Nigeria’s Central Bank has directed banks, fintech firms, mobile money operators and other payment service providers to store …
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LAGOS, June 12 – Central Bank of Nigeria Governor Olayemi Cardoso has been named Central Bank Governor of the Year at the …
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NAIROBI, June 5 – Standard Chartered Bank’s growing use of artificial intelligence is reshaping how banking operations are managed, with its Kenyan …
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Banking & Finance
Nigeria’s Central Bank Rolls Out New FX Manual to Streamline Foreign Exchange Transactions
LAGOS, June 3 – The Central Bank of Nigeria (CBN) has launched a revised Foreign Exchange Manual aimed at improving transparency, reducing …
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LAGOS, June 2 – Nigeria’s banking sector has recorded a rise in non-performing loans (NPLs), with the ratio climbing to 8.03% in …
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CAIRO, May 23 – The African Export-Import Bank reported first-quarter profit of $268.9 million for 2026, supported by stronger lending activity and …
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LONDON, May 22 – Investec has applied for a banking license in Ireland as the South Africa- and UK-listed lender seeks to …