banking

Cloud-computing solutions can help to reduce banking costs in Africa

Cloud computing creates an opportunity for providers of financial services to rethink their technology spend…

UBA records 36 per cent growth in Q1 profit

The Pan-African financial power-house, United Bank for Africa (UBA) Plc, has released its unaudited 2015…

FCMB records higher PAT, dividends payout falls

Nigeria's First City Monument Bank said on Monday its 2014 pretax profit rose to 23.

Qatari bank buys 12.5 percent stake in Ecobank

Qatar National Bank (QNB) on Thursday bought a 12.

Access Bank mulls raising additional capital

Nigeria's Access Bank has been meeting with investors over the past week to gauge interest…

Elumelu chairs UBA board

The Board of United Bank for Africa Plc (UBA) today announced the appointment of Mr.

Nedbank may buy 20 percent stake in Ecobank

South Africa's Nedbank is  to convert a $285 million loan to shares in Ecobank before…

Lloyds bank fined £218m over Libor rigging

Britain's Lloyds Banking Group is to pay £218 million ($370 million, 276 million euros) in…

Vatican appoints new chief for scandal-dogged bank

The Vatican on Wednesday named a French businessman to head up its scandal-plagued bank as…

After BNP, US may hit other banks for sanctions-busting

After French giant BNP Paribas, other big European banks like Credit Agricole, Deutsche Bank and…