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Access Bank Renames South African Lender After Acquisition Deal

Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited. A...

Microfinance banks’ assets hit N856.3bn on recapitalisation

The total assets of the microfinance banks rose by N97.32bn from N758.98bn as of the end of July 2020 to N856.3bn as...

Fidelity Bank records success in N41.21bn bond issuance

Fidelity Bank Plc says it has successfully issued 10-year N41.21bn in fixed rate unsecured subordinated bond at a 8.5 per cent coupon...

AFRICA FINTECH FOUNDRY TO BOOST INNOVATION AND ‘TECHPRENEURS’ WITH 2021 ‘ACCELERATOR’ PROGRAMME

Africa’s foremost innovation hub, the Africa Fintech Foundry (AFF), has opened upits registration portal for the 2021 Accelerator program.The initiative, which is...

Access Bank grows customer base to 42 million

Access Bank Plc says it has grown its customer base to over 42 million. The Group Managing Directing, Herbert...

Tony Elumelu acquires 45% stake in OML17 Oil and Gas

Tony Elumelu Heirs Holding, said it has acquired a 45% participating interest in Nigerian oil licence OML 17 and related assets, through...

CBN defends naira with $4.37bn in three months

The Central Bank of Nigeria injected $4.37bn into the foreign exchange market in the third quarter of 2020 as part of efforts...

Access Bank launches digital payment platform for MSMEs

Access Bank Plc has launched an online payment acceptance service platform to help its Micro, Small and Medium scale Enterprises (MSMEs) customers to...

AFRICA FINTECH FOUNDRY, ACCESS BANK HOST VIRTUAL FINTECH ROUNDTABLE

Africa’s leading digital innovation hub, Africa Fintech Foundry (AFF), is set to host thefirst virtual edition of its FinTech innovation Roundtable on...

Six Lending Banks Boost Economy With N1.3trn Credit In 2020

Efforts to grow the nation’s economy has received a boost from the banking sector as six leading banks injected additional N1.337 trillion...

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