Economy

African Lenders Expand into Kenya as Regional Growth Opportunities Beckon

African banks are accelerating their expansion into Kenya as the country’s position as East Africa’s financial and commercial hub continues…

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Zenith Bank Strengthens Canada-Africa Investment Ties at Lagos Conference

Zenith Bank Plc has reinforced its commitment to promoting trade, investment and economic cooperation between Canada and Africa by serving…

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Unity Bank Customers Notified as ProvidusUnity Bank Integration Advances

Unity Bank has begun notifying customers that the integration process with Providus Bank is making steady progress. In a message…

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Africa’s Critical Minerals and Renewable Resources Offer Growth Opportunity, WEF Says

Africa’s abundant reserves of critical minerals and vast renewable energy potential could position the continent as a major beneficiary of…

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China Expected to Contribute More Than 25% of Global GDP Growth in 2026

China is expected to remain a key engine of the global economy in 2026 with projections indicating the country will…

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Access Holdings Announces Retirement of Executive Director Bolaji Agbede

Access Holdings Plc has announced that Ms. Bolaji Agbede will retire from her position as Executive Director, Business Support, effective…

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Zenith Bank Extends Banking Services to Osubi Community

Zenith Bank Plc has expanded its branch network with the opening of a new banking office in Osubi, Okpe Local…

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Fitch Flags Risks in Nigeria’s Proposed $5 Billion Funding Arrangement

Global credit rating agency Fitch Ratings has cautioned that Nigeria’s planned $5 billion financing transaction could introduce new vulnerabilities to…

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Nigeria’s Currency Flow Remained Largely Outside the Formal Banking System in May

Despite rapid growth in electronic payments and fintech adoption, Nigeria’s economy remained heavily cash-driven in May 2026 with most currency…

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Wema Bank Secures €50 Million Funding Boost for Small Business Lending

Wema Bank has obtained a €50 million financing facility from the development arm of the European Investment Bank (EIB Global)…

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