FG to Get Fresh $2.2bn World Bank Loan - Edun
Daily Trust
The federal government is expecting a fresh $2.2 billion single-digit interest loan from the World Bank and another budget support facility from the African Development Bank… Read more »
China Writes Off Interest-Free Loans Given to Zimbabwe
New Zimbabwe
China has written off an unspecified amount of Zimbabwe's interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists… Read more »
Massive Banking Stocks Sell-Off Persists
Vanguard
... As investors lose N1.57trn Read more »
Wema Bank Earmarks N70m for Hackaholics Contest
Daily Trust
Wema Bank yesterday unveiled the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics 5.0, with no fewer than 15,000 applicants being targeted. Read more »
Alebiosu Takes Over As Acting CEO of First Bank
Daily Trust
The Board of Directors of First Bank has announced Segun Alebiosu, Executive Director and Chief Risk Officer of First Bank, as the acting Managing Director and Chief Executive of… Read more »
Firstbank Holdings Announces Olusegun Alebiosu Acting Chief Executive of FBN
This Day
The Board of FBN Holdings Plc, yesterday, announced the appointment of Mr. Olusegun Alebiosu as acting Chief Executive, First Bank of Nigeria Limited (FirstBank), its flagship… Read more »
How Adeduntan Resigned As First Bank CEO On CBN's Order
Leadership
There are strong indications that the sudden resignation of former Managing Director and CEO of First Bank, Dr Adesola Adeduntan was triggered by directives from the Central Bank… Read more »
DTB Scales Up Operations in Kenya, Commissions 4 New Branches
Capital FM
Trust Bank (DTB) has scaled up its operations in Kenya after opening four new branches located in Gikomba, Tom Mboya, Global Trade Centre (GTC) and Bomet Town. Read more »
Bruh Finance Graduates Insurance Professionals
Ethiopian Herald
Working on linking Ethiopian insurance with world Read more »
How the King's Allies Stepped In to Help a New Bank
International Consortium of Investigative Journalists
Staff say they can't authorize any transactions. Clients can't open accounts. But the newcomer remains in suspended animation at the center of a political tussle. Read more »
International Consortium of Investigative Journalists Reveals Nation's Secrets [editorial]
International Consortium of Investigative Journalists
Swazi Secrets exposes the role the tiny kingdom of Eswatini, the last absolute monarchy in Africa, may have played in the regional illicit economy. Read more »
Equity Bank Expands Money Transfer Services to 30 Countries
Capital FM
Equity Bank has expanded its money transfer services to over 30 countries through a new deal with Mastercard, a global payment platform. Read more »
NPA Secures $700m Facility From Citibank to Rehabilitate Apapa, Tin-Can Ports
Daily Trust
The Nigerian Ports Authority (NPA) has secured about $700million loan from Citibank for the rehabilitation of Apapa and Tin-Can Island Ports in Lagos. Read more »
It's Official - First Bank Confirms Alebiosu As Acting CEO
Premium Times
PREMIUM TIMES reported the appointment of Mr Alebiosu following the surprised resignation of Adesola Adeduntan Read more »
First Bank Appoints New MD/CEO
Premium Times
Mr Alebiosu takes the crown from Adesola Adeduntan, who gave up the role abruptly on Saturday even though he was due to complete his tenure in December. Read more »