Banking

Nigeria’s Access Bank to Acquire 80% Stake in Finance Trust Bank

LAGOS - Access Bank, a prominent Nigerian multinational commercial bank, is set to acquire an estimated 80% shareholding in Finance…

Access Bank Acquires Majority Stake in Finance Trust Bank Uganda

Access Bank PLC and Finance Trust Bank (FTB) have entered a definitive agreement, signaling Access Bank's equity investment in FTB…

Bank of Africa Gains $171.2 Million Boost from IFC to Support SME Lending

Several financial institutions are actively pursuing additional funds to bolster their cash reserves and expand lending services in response to…

Stanbic PMI Surges to 54.8 Amid Growing Customer Numbers

Stanbic Purchasing Managers Index (PMI) reported a rise to 54.8 in December, up from 53.4 in November, marking the highest…

Uganda Records Surge in Loan Demand as Lending Rates Decline

The Bank of Uganda reports a 7.8% increase in consumer borrowings for the three months to October, signaling a surge…

I&M Bank-Sponsored Festival: Ric Hassani Rocks Lugogo Hockey Grounds at Shorts na Lesu

Renowned Nigerian artist Ric Hassani dazzled the audience at the Shonale show hosted at the Lugogo Hockey Grounds on Saturday…