Flutterwave Enters Egypt to Tap $32bn Diaspora Remittance Market
Flutterwave, an African payments technology company, has announced the launch of its remittance product ‘Send App’ in Egypt to enable
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Money
It’s Official: Otudeko Sells FirstHoldCo Shares for N196bn
Oba Otudeko, a long-time significant shareholder in First HoldCo, has offloaded his shares in the parent of the country’s oldest
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Zenith Becomes Second Bank to Hit N3trn Valuation as Shares Soar
Zenith Bank saw its market capitalisation cross the N3 trillion mark on Wednesday, becoming the second lender to achieve the
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Chapel Hill Denham Advises GTCO on ‘Landmark’ London Deal
Lagos-based investment bank Chapel Hill Denham acted as financial adviser to Guaranty Trust Holding Company (GTCO) on its $105 million
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Ecobank Launches $250m Private Placement, Picks RenCap as Adviser
Pan-African lender Ecobank Transnational Incorporated (ETI) has launched a private placement of contingent convertible notes targeting proceeds of $250 million
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Nigeria’s Top Lender GTCO Eyes $100m in London Stock Listing
Guaranty Trust Holding Company Plc (GTCO), Nigeria’s biggest lender by market value, has announced the launch of “a fully marketed
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GTCO’s Profit Tumbles 44% in First Quarter
Guaranty Trust Holding Company, Nigeria’s biggest bank by market value, posted a profit of N258.03 billion in the first three
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Africa Finance Corporation Taps ex-Citi Boss Samuel-Ogbu as Chair
Africa Finance Corporation (AFC) has announced the appointment of Ireti Samuel-Ogbu as chair of its board of directors. She succeeds
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AVCA, PEVCA Merge To Boost Private Capital in Nigeria
The African Private Capital Association (AVCA) and the Private Equity and Venture Capital Association, Nigeria (PEVCA) have announced a merger
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UBA’s Loan Book Shrinks Amid Record-High Interest Rates
The United Bank for Africa saw its loans and advances to customers decline to N6.83 trillion in March from N6.95
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