Uzoma Dozie’s Sparkle Tries To Brighten Banking

June 9, 2020 442

Banking & Finance

by Sanya Ademiluyi Uzoma Dozie appears ready to bounce back in the banking and financial services sector where he, barely two years ago, took an unceremonious exit. Needless to say ,Uzoma was the last CEO of Diamond Bank Plc which was absorbed by Access Bank in a Merger and Acquisition deal late in 2018.Paschal Dozie, […]Continue Reading

Platform Capital Invests in Lipa Later

June 8, 2020 473

Banking & Finance

Platform Capital, a leading growth markets investor, is pleased to announce its investment in Lipa Later, the leading technology driven, consumer credit platform in East Africa, earlier this month,June,2020. Lipa Later is unlocking untapped retail through financial inclusion, by leveraging data analytics to provide African consumers with access to convenient and affordable Continue Reading

Several Corporates Issue Commercial Papers At Time of Covid-19 Downturn

May 26, 2020 357

Banking & Finance

market analysis By Sanya Ademiluyi In what appears to be a counter-intuitive move, several companies,some of them financial nameplates are issuing commercial papers to take on debt at this time of uncertainty under a covid-19 economic downturn. A roll call of these corporates include First Bank Merchant Bank, United Capital and MTN. Investment bank, United […]Continue Reading

France Ratifies Law Ending Use of CFA franc In West Africa

May 23, 2020 422

Banking & Finance Breaking News

France has ratified a law ending the use of CFA Francs in West Africa says a spokeswoman for the French government, Sibeth Ndiaye, and quoted by AFP, May 21. “It was during an official visit to Ivory Coast in December 2019 that they (President Macron and French West African leaders) announced a historic reform of […]Continue Reading

Gbadegesin Appointed MD/ CIO of ARM-Harith Infrastructure

May 15, 2020 384

Banking & Finance News

ARM Harith Infrastructure Fund Managers (Armhif) has recently appointed Tariye Gbadegesin as its Managing director and Chief Investment Officer,CIO. ARM Harith Infrastructure Fund Managers (Armhif) is a Joint Venture between Asset & Resource Management Company Ltd (ARM), a Nigerian institutional investor with US$2.3 billion of assets under management and Harith General Continue Reading

Africa Finance Corporation Responds to Moody’s Rating Decision

May 8, 2020 437

Banking & Finance News

African Finance Corporation AFC has been reacting to its rating by Moody’s Investor Services which turned from stable to negative due to the covid-19 pandemic recently. On May 6,2020 the AFC noted that Moody’s Investor Services affirmed the Africa Finance Corporation’s (“AFC” or “the Corporation”) long-term issuer and senior unsecured ratings at A3. Concurrently, Moody’s Continue Reading