April 01
Uganda: Equity Bank Crowns Abakyala Ku Ntiiko Series in Kiboga
Independent (Kampala)
Rhoda Nakintu, Administrative Secretary for Kiboga District has called on the women to practice the habit of saving and lead in the discipline of repaying loans diligently. Read more »
Uganda: Equity Bank to Work With Fintechs to Transform Customers' Lives
Independent (Kampala)
Gift Shoko, Managing Director of Equity Bank Uganda, has re-affirmed that the future of banking is not just about banks but more about strategic partnerships and shared… Read more »
Ethiopia: Central Bank Rolls Out Bi-Weekly Forex Auctions As Reserves Surge 200%
Addis Standard
The National Bank of Ethiopia (NBE) has announced the launch of bi-weekly foreign exchange auctions. Read more »
Liberia: LBA President Calls for Immediate Action On Financial Literacy
Liberian Observer
The President of the Liberia Bankers Association (LBA), Olalekan Balogun, has urgently called for heightened efforts to improve financial literacy in Liberia, particularly in… Read more »
March 31
Nigeria: Oando Seals Underwriting Pact With Afreximbank's Insurance Subsidiary
Premium Times
The deal allows AfrexInsure to provide critical risk management solutions to Oando by ensuring that Afreximbank's investment in the energy company's Nigerian operations is… Read more »
Nigeria: Ecobank Posts Record Profit in 2024 Despite Nigeria Setback
Daba Finance
TLDR Read more »
Nigeria: Heritage Bank - Payment of Deposits Above N5m Will Commence Next Month - - Ndic
Vanguard
Nigeria Deposits Insurance Corporation, NDIC has said that it will commence payment of deposits above N5 million in the defunct Heritage Bank from next month. Read more »
Nigeria: Defunct Heritage Bank - NDIC to Pay Depositors With Balances Above N5m Threshold
This Day
The Nigeria Deposit Insurance Corporation (NDIC) yesterday said it has intensified efforts to ensure timely payments to depositors of the defunct Heritage Bank whose balances… Read more »
Nigeria: Wema Bank's Profit Rises 135 Percent
Premium Times
The bank has proposed a dividend of N1.00 per share following its strong financial performance in 2024. Read more »
March 28
East Africa: The StopEACOP Coalition Condemns the Partial Financing of the East African Crude Oil Pipeline
350Africa.org
The StopEACOP Coalition strongly condemns the financial institutions that have chosen to bankroll the destructive East African Crude Oil Pipeline (EACOP), as announced by… Read more »
Morocco: Morocco's Bank of Africa Group Profit Hits Record $312m in 2024
Daba Finance
TLDR Read more »
Liberia: Ngafuan Applauds CBL for Launch of Fin-Ed Program, Pan African Payment System
Liberian Observer
-- Describes the two initiatives as vital milestones in boosting business efficiency and lowering costs Read more »
Nigeria: Fidelity Bank Flags Suspicious Remittance, Denies Bribery Allegation
Premium Times
A report had alleged that a Fidely Bank personnel demanded bribe after a customer visited the lenders UNIBEN branch to claim a Remitly transfer. Read more »
Nigeria: Zenith Bank's Annual Profit Soars to Record N1 Trillion
Premium Times
Profit before tax was up by 66.7 per cent, while post-tax profit grew to N1 trillion from N676.9 billion. Read more »
March 27
Kenya: Jijenge Credit Welcomes Loan Pricing Overhaul Calls
Capital FM
Digital lender, Jijenge Credit limited has backed calls for a common base lending rate being spearheaded by commercial banks, saying the move will offer predictability and… Read more »
Nigeria: Zenith Bank Maintains Track Record As Pbt Hits N1.3 Trillion, Proposes N4.00 Final Dividend
This Day
Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant growth across key performance indicators. The Bank's… Read more »
Nigeria: Heritage Bank Depositors Urge National Assembly to Intervene in CBN Revocation
This Day
Depositors with funds of N5 million and above in the now-defunct Heritage Bank have appealed to the National Assembly to urgently intervene in the revocation of the bank's license… Read more »
Zimbabwe: Govt to Establish Fund to Safeguard Insurance Policyholders
The Herald
Bulawayo Bureau Read more »
March 26
Nigeria: Court Dismisses First Bank's Suit Against General Hydrocarbons
Premium Times
The court laid aside the entire lawsuit, noting that it lacks the jurisdiction needed to hear the case. Read more »
Africa: Malnutrition Not Due to Cash Poverty Alone
IPS
The World Bank set its US 'dollar-a-day' poverty line using its 1990 data. Despite many doubts and criticisms, its poverty numbers fell until the COVID-19 pandemic began in 2020. Read more »
Nigeria: Again, General Hydrocarbons Limited Floors First Bank in Court
This Day
·Judge: It's classic case of abuse of court process Read more »
Nigeria: Heritage Bank Depositors Appeal to National Assembly for Intervention
Vanguard
Depositors of Heritage Bank with deposits exceeding N5 million have appealed to the National Assembly to intervene and assist in the resolution of the bank's license by the Central… Read more »
Nigeria: Olubunmi - Bank Recapitalisation Will Spur New Economic Sectors, Strengthen Growth [interview]
This Day
In this interview, Head of Financial Institutions Ratings at Agusto & Co., Ayokunle Olubunmi, provides insights into the ongoing banking recapitalisation exercise and its… Read more »
Nigeria: Firstbank Partners South West Games 2025
This Day
As part of its First@Sports initiative, Nigeria's foremost financial institution; FirstBank of Nigeria Limited, has thrown its weight behind the maiden edition of the South West… Read more »
Zimbabwe: Banker Vying to Run Top African Lender
The Herald
Swazi Tshabalala, South Africa's candidate to head the African Development Bank, knows exactly what she'll do if she gets the job. Read more »
