Banking
CBN revokes licence of Heritage Bank
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank Plc with immediate effect. This is…
Banking
Banking
AfDB @60: Bank reaffirms commitment to Africa’s transformation
By Lucy Ogalue The African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has reaffirmed the bank’s commitment to continue to deliver at scale…
Banking
Africa needs $402.2bn annually to boost structural transformation by 2030 – AfDB
By Lucy Ogalue Africa needs to close a financing gap of about 402.2 billion dollars annually by 2030 to fast-track its structural transformation. Dr…
Banking
AfDB affirms commitment to promote mutual reliance on continent
By Lucy Ogalue The African Development Bank (AFDB) has reiterated its commitment to promote mutual reliance on the continent in procurement diagnostic tools and…
Banking
Nigeria’s growth rate projected to increase to 4.4% in 2025 – AfDB
By Lucy Ogalue Growth rate of Nigeria and other West African countries is projected to rise from an estimated 3.6 per cent in 2023…
Business
African leaders highlight investment opportunities to broaden BRICS alliance
By Lucy Ogalue Some African leaders say the continent will benefit from increasing its alliance with Brazil, Russia, India, China, and South Africa (BRICS)…
Banking
African leaders advocate financial architecture to tackle climate, public finance
By Lucy Ogalue African Leaders have advocated for a reform of the financial architecture that integrates climate change and public finance to liberate Africa.…
Banking
Experts urge Africa on private sector financing for tertiary education
By Lucy Ogalue Business Development experts have urged African nations to intensify efforts to attract private-sector financing to enhance tertiary education in order to…
Banking
Infrastructure remain crucial for Africa’s transformation – AfDB
By Lucy Ogalue Dr Akinwunmi Adesina, Group President, African Development Bank (AfDB), says infrastructure development remain critical for the effective transformation of Africa. Adesina…
Banking
Africa loses $7bn to $15bn yearly to climate change – Adesina
By Lucy Ogalue Dr Akinwunmi Adesina, the Group President, African Development Bank (AfDB), said Africa is losing about seven to 15 billion dollars annually…