Access Bank Ghana and European Investment Bank have signed a new credit line agreement to provide loans for companies across Ghana in both euros and United States’ dollars, with a tenor of up to eight years. This represents a much longer maturity than typically available at present in the country. […]
Money Market
Nigeria’s Access Bank sees retail banking turning to profit – CEO
July 14, 2015/Reuters Nigeria’s Access Bank expects its retail banking business to turn to profit this year, contributing up to 10 percent to profit before tax next year and 20 percent by 2018/19, Chief Executive Herbert Wigwe said on Tuesday. Wigwe said most of its 350 branches would become profitable […]
Mobile money transactions hit N700bn in three years
Nigeria has recorded a total transaction of N700bn through the mobile money banking system since 2012, the Director, Banking and Payment Systems Department, Central Bank of Nigeria, Mr. Dipo Fatokun, has said. He spoke through the Deputy Director in the department, Mr. Jimoh Itopa, saying that the central bank had […]

