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Standard Chartered pulls back from Africa and Middle East in cost cutting push
British lender Standard Chartered announced today it would slash its presence in Africa and the Middle East as it looks…
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Ecobank’s Akinwuntan Says There is High Investor Appetite for African Infrastructure
Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated for increased synergy between financial institutions and private investors to address the…
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Afreximbank Records USD168.9m Net Income in H1 2021
Recently, the African Export-Import Bank (Afreximbank) published its audited financial statements for the six months ended 30 June 2021. The…
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Stanbic IBTC holds Sustainability seminar for Businesses
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, recently held a sustainable procurement seminar programme for its vendors.…
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E-Banking Fraud Rises by 186%, Access Bank Launches Awareness Campaign
Access Bank Plc one of Nigeria’s largest banks by asset size, capital and retail banking base size has launched a…
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Ecobank Nigeria rewards four customers with Millions
Ecobank Nigeria Limited, the Nigerian subsidiary of the larger holding company – Ecobank Transnational Incorporated (ETI Plc), has rewarded four…
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GCR 20 Entities Accounted for 58.3% of Sterling Bank Loans in 2020
Recently, GCR Ratings in a report affirmed the Sterling Bank’s national scale long-term and short-term issuer ratings of BBB (NG)…
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Wema Bank to Sell N40Bn Shares, to acquire Fintech
Wema Bank Plc has recently disclosed plans to raise N40billion via a rights issue transaction, which is a sale of…
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