World Bank's Nigeria Portfolio Hits $16bn Amid Efforts to Accelerate Growth, Job Creation
This Day
The World Bank yesterday put its total ongoing, approved development projects and lending operations in the country at over $16 billion spread across several interventions… Read more »
Liberia Chairs African Group At the United Nations
New Dawn
African Union Observer Mission Office, New York | February 2026: Liberia has assumed the Chairmanship of the African Group at the United Nations for the period of February 2026.… Read more »
Nedbank Proposes Takeover of NCBA in East Africa Expansion Push
Daba Finance
NCBA Group said it has received a strategic investment proposal from Nedbank for the acquisition of about 66% of its share capital through a tender offer. Read more »
The Rise of Pos Agents As Nigeria's News Cash Banks
This Day
While regulators focus on building stronger, better-capitalised banks, millions of Nigerians are quietly grappling with a more basic problem: how to access their own cash. As ATMs… Read more »
Mutual Funds Grow to N7.67trn On Higher Demand, Yields
Leadership
Nigeria's mutual fund industry recorded a strong growth trajectory, with total assets under management (AUM) reaching N7.672 trillion in 2025, driven by higher demand and… Read more »
WB, Ethiopia Agree to Strengthen Partnership, Support for Macroeconomic Reforms
ENA
The World Bank and Ethiopia have agreed to strengthen their partnership and continuous support to sustain the macroeconomic reforms. Read more »
BoG Cuts Policy Rate to 4-Year Low To15.5 Percent ...to Boost Growth
Ghanaian Times
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has, by a majority decision, reduced the monetary policy rate by 250 basis points to 15.5 per cent from 18 per cent,… Read more »
Mutual Benefit Assurance Invests $64m in Oil Producing Assets
This Day
Mutual Benefit Assurance Plc said besides its core insurance operations, it has diversified into the energy sector having invested a whooping $64 million (N96 billion) in a… Read more »
World Bank Committed $2.5 Billion Into Nigeria's Infrastructure, Education, Healthcare Sectors in 5 Years
This Day
The World Bank Group said it has committed over $2.5 billion to Nigerian suppliers over the past five years, funding projects across infrastructure, healthcare, and education. Read more »
Amidst Sluggish Economic Activity, Banks Deposit N33.05trn With CBN in 16-Days
This Day
Following the slow start to business activities in 2026, which has further raised credit risk temperature, banks deposited an estimated N33.05 trillion with the Central Bank of… Read more »
FCCPC Removes Defaulting Digital Lenders From Register
Vanguard
... as compliance window closes Read more »
Financial Inclusion - Nigeria Still Behind Target - CBN
Vanguard
The Central Bank of Nigeria, CBN, has said 74 percent of Nigerians have been covered under its financial inclusion program as at first half of 2025 (H1'25). Read more »
Bank Bic Namibia Appoints Erastus Hoveka As Chief Executive
Namibian
Bank BIC Namibia Limited has appointed Erastus Hoveka as its new chief executive with effect from 2 February. Read more »
My Role in $6.23m Cash Withdrawal From CBN Vault During Emefiele's Tenure - Official
Premium Times
The prosecution witness, who is a CBN official, narrated the roles he played in facilitating the suspicious withdrawal of $6.23 million cash from the bank's vault in February 2023. Read more »
Absa Bank Uganda to Help Customers Understand Credit and Borrow Smart to Drive Growth
Independent (Kampala)
Absa Bank Uganda has today launched a new Retail and Business Banking campaign anchored on financial literacy, aimed at helping individuals and small businesses make smarter… Read more »
