Nigeria
Nigeria: FG Bond Auction Draws Over N1.26tn in Subscriptions, Underscoring Investor Confidence
The Federal Government of Nigeria (FGN) has recorded overwhelming investor interest in its September bond auction, with subscriptions topping N1.26tn, more than six ...
Nigeria
Nigeria: Sterling HoldCo’s Public Offer Gains Momentum Amid Attractive Pricing
Sterling Financial Holdings Company Plc (Sterling HoldCo) has recorded strong investor interest following the launch of its public offer, reflecting renewed confidence in ...
News
Nigeria: Investor Confidence Fuels NGX Market Gains of N178bn
The Nigerian Exchange (NGX) ended September on a strong footing, buoyed by renewed investor confidence that added N178.99bn to market value. Market capitalisation ...
Africa
Africa: UBA Strengthens Pan-African Expansion to Deliver Long-Term Value
United Bank for Africa Plc (UBA) has reaffirmed its commitment to delivering sustainable long-term value to shareholders and stakeholders while accelerating its pan-African ...
Nigeria
Nigeria: CBN Tightens Liquidity Rules with 75% CRR on Non-TSA Deposits
Nigerian banks, particularly those reliant on government deposits, face new funding pressures following the Central Bank of Nigeria’s (CBN) introduction of a 75% ...
Mozambique
Mozambique: Ecobank Finalizes Exit from Mozambique Operations Following Stake Sale to FDH Bank
Ecobank Transnational Incorporated (ETI) has completed its divestment from Mozambique with the successful sale of its stake in Ecobank Mozambique S.A. to FDH ...
Fintech
Kenya’s Mobile Money Penetration Hits 91%, Cementing Global Fintech Leadership
Kenya has reaffirmed its status as a global trailblazer in digital finance, with mobile money penetration reaching an unprecedented 91% by June 2025, ...
News
SA: SARS Refutes Claims of eFiling Profile Hijacking, Awaits Ombud’s Final Report
The South African Revenue Service (SARS) has rejected reports alleging that over 16,000 taxpayer eFiling profiles were hijacked by cybercriminals, resulting in lost ...
News
Nigeria: MTN Nigeria’s Dabengwa Data Centre Secures Tier III Constructed Facility Certification
MTN Nigeria has achieved the Tier III Certification for Constructed Facility (TCCF) from the Uptime Institute for its Dabengwa Data Centre, reinforcing its ...
Nigeria
Nigeria: TAJBank Achieves CBN’s New Recapitalisation Benchmark Ahead of Deadline – CEO
TAJBank Limited has successfully met the new capital thresholds mandated by the Central Bank of Nigeria (CBN) under its ongoing recapitalisation programme, positioning ...
