BII Commits $50m To Access Bank To Support Businesses In Nigeria
British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $50 million commitment to Access Bank as part of a $295 million loan package arranged by FMO. The funding will strengthen Access Bank’s capital base…
Agusto & Co. forecasts an impressive average growth rate of 32.4% over the next two years
The Nigerian asset management industry (“the Industry”) has defied a tough macroeconomic climate to achieve impressive growth. Over the past five years (2019-2023), its Assets Under Management (AuM) have risen significantly, achieving a compound annual growth rate (CAGR) of 21.9%,…
Adaora Umeoji highlights Zenith Bank’s robust financial metrics
Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation journey. The event, which brought together key market players, focused on the bank’s growth…
Africa Finance Corporation appoints Banji Fehintola as Executive Director
Africa Finance Corporation (AFC), has appointed Banji Fehintola as its new Executive Director of Financial Services, effective August 1. According to a statement from the Corporation, Banji brings extensive financial expertise and leadership experience to drive AFC’s strategic initiatives to…
Zenith Bank wins ‘Best Commercial Bank in Nigeria’ and ‘Best Corporate Governance’ awards
Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named as Best Corporate Governance, Nigeria for the third year running…