Banking
East Africa’s Banking Race Fuels Wider Expansion
Pan-African banks like Nedbank expand into East Africa for scale, but entrenched domestic lenders in Kenya stand ready to defend their turf.
Nigeria
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Capital Raising & Corporate Finance
The Great African Treasury Shift
Currency reforms, liquidity pressures, and new payment rails are forcing African CFOs to rethink corporate strategy.
Economics, Policy & Regulation
Africa Shakes Up Customs, but Trade Problems Persist
To curb revenue and income losses and accelerate trade across 50 member states, the African Continental Free Trade Area (AfCFTA)...
Banking
Nigeria’s Banking Godfather Retires
Jim Ovia steps down as Zenith Bank chairman after 36 years, passing the torch to CEO Adaora Umeoji.
News
Dangote’s IPO Tests African Capital Markets
Dangote Refinery’s initial public offering is shaping up to be one of the most historic capital markets events for the...
News
FATF Removes 4 Countries From Watchlist
The FATF removed South Africa, Nigeria, Mozambique, and Burkina Faso from its “Jurisdictions under Increased Monitoring” list, commonly known as "the gray list."
Economics, Policy & Regulation
Nigeria’s Vista Bank Approved To Start Operations In France
Vista Bank, a digital-first Nigerian lender, has received regulatory approval from France’s Prudential Supervisory Authority (ACPR) to establish operations in...
Transaction Banking
Nigeria: Automation Will Add Forex Transparency
Nigeria’s central bank will automate foreign exchange (FX) trading starting in December, replacing the decade-old over-the-counter system to enhance transparency...
Economics, Policy & Regulation
Central Banker Report Cards 2024: Africa And The Middle East
Algeria Salah-Eddine Taleb: C+ Africa’s largest natural gas producer posted a 4.1% growth last year. The Bank of Algeria (BoA)...
Nigeria
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Nigeria economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Nigeria best banks and safest banks are also available.
Banking
Nigeria: Lenders Race To Meet New Capital Targets
Lenders have begun raising additional capital to meet new targets set by the Central Bank of Nigeria, which has given...
Capital Raising & Corporate Finance
Nigeria’s Access Bank Seeks To Buy National Bank Of Kenya
Nigeria’s financial powerhouse, Access Bank, looks to shake up Africa’s banking landscape by acquiring the National Bank of Kenya (NBK)....