July 26, 2023/CBN In its latest regulatory step, the Central Bank of Nigeria (CBN) has instructed banks to vacate “Post-No-Debit” restriction placed on 440 accounts of customers. This covers individual and corporate accounts across the country. In a letter signed by the Director of Banking Supervision of CBN, the banks […]

July 25, 2023/Ecobank Nigeria Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “This […]

Moody’s cites Afreximbank’s credit strengths as being a specialized African trade finance institution with a niche July 25, 2023/Afreximbank The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, announces that the global credit ratings agency Moody’s has maintained its rating at Baa1 in its annual credit analysis, with […]