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BANKING

Access Bank Elevates African Presence with Strategic BancABC Tanzania Acquisition

BANKING
Access Bank PLC has triumphantly finalized the acquisition of African Banking Corporation (Tanzania) Limited, known as BancABC, aligning perfectly with its vision for strategic...

Sterling Bank Implements Blockchain Solution For SPPG

BANKING
Sterling Bank, a leading financial institution committed to driving innovation and progress, has partnered with the School of Politics, Policy, and Governance (SPPG) to...

After 35Years Of Active Service, Founder Of Stanbic IBTC Bank, Atedo Peterside, Retires At 68

BANKING
The founder of Stanbic IBTC Bank, Atedo Peterside, has retired as a non-executive director of the lender. Peterside who took to his X handle...

Alternative Bank, Niger State Government To Set Record With Africa’s Single Largest EV Fleet

BANKING
In a landmark deal, Nigeria’s largest ethical banking institution, The Alternative Bank have signed a pioneering deal, valued at over N 14 billion, with...

Fitch Upgrades Fidelity Bank’s Rating to ‘Positive’

BANKING
Fitch Ratings has revised the outlook on Fidelity Bank PLC’s LongTerm Issuer Default Rating (IDR) to Positive from Stable, while affirming the rating at...

The Remarkable Journey Of Access Holdings

BANKING
This year marks 22 years since two young Nigerian bankers – Aigboje Aig-Imoukhuede and Herbert Wigwe – bought a small, nondescript bank and turned...

AGUSTO & CO Upgrades Wema Bank’s Rating To Bbb+ With ESG Score Of 2

BANKING
Following its strong 2023 financial performance, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received an...

GTBank Files Lawsuit Against Employee For Alleged N9.9 Million Fraud

BANKING
Guaranty Trust Bank (GTBank) has filed a lawsuit against one of its employees, Komolafe Oluwayomi, 45, accusing him of hacking into the bank’s system...

First Bank Wins 2024 Best SME Bank In Nigeria And Best SME Bank In Africa By Asian Banker Awards

BANKING
Nigeria’s premier financial institution and financial inclusion services provider has bagged two awards: Best SME Bank in Africa and Best SME Bank in Nigeria...

First Bank Maintains Impressive Performance, Posts N238.53BN PBT In Q1 2024

BANKING
FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about...

IFC Awards Access Bank ‘Best Trade Partner Bank West Africa’

BANKING
Lagos, Nigeria – May 31, 2024: Access Bank has been recognised as the ‘Best Trade Partner Bank West Africa 2024’ by the International Finance...

Zenith Bank Named Most Sustainable Bank In Nigeria In The International Banker Awards 2024 For The Second Consecutive Year

BANKING
Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the title for the second...
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