Banking

Wema Bank plans to raise equity next year to bolster its capital ratio and cut its operating costs as its...

Nigeria's central bank has extended guarantees to Skye Bank for another year while it considers the bank's recapitalisation proposal, the...

Nigeria's interbank lending rate rose to 12 percent on Friday from eight percent after bond and treasury bill purchases paid...

Nigeria's interbank lending rate rose to around 15 percent on Friday from 5 percent last week after commercial lenders paid...

Nigerian banking shares dropped 2.3 percent on Tuesday after regulators said they had intervened to save the country's fourth largest...

Nigeria's interbank rate eased to around eight percent on Friday from 15 percent last week after the central bank repaid...

First Bank Holdings led a rally of Nigerian banking stocks on Tuesday, fuelled by hopes that Africa's biggest economy will...

Lagos, Nigeria 23–05–2017.  In demonstration of its commitment to deliver superior and innovative banking solutions to its customers, pan African financial institution,...

Fitch Ratings has today assigned an expected rating of 'B(EXP)' to United Bank for Africa Plc's (UBA) proposed senior unsecured...

International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counterparty credit...