“AIB sprinting towards East Africa’s top 10 banks”
Ethiopia’s Awash International Bank (AIB) has big plans. In this interview, President of AIB, Tsehay Shiferaw, sheds light on the…
“DBE is fostering Ethiopia’s industrialisation”
The 107 year-old Development Bank of Ethiopia (DBE) is synonymous with Ethiopia’s development. Mr Essayas Bahre, President of DBE, discusses…
“LIB is stronger financially and resilient”
Just 10 years in operations, Lion International Bank is carving a niche for itself in the Ethiopian banking sector. President…
“Abay Bank boasts excellent service delivery”
About six years in operation, Abay Bank has been making steady progress in the competitive Ethiopian financial sector. Ato Yehuala…
Stock market set for rebound
With the recent introduction of the flexible exchange rate by the Central Bank of Nigeria, analysts foresee a rebound for…
Concern over threat of systemic risk
Following the poor showing of deposit money banks in 2015, there is the rising concern that systemic risk may be…
CBN’s new flexible forex policy
The Central Bank of Nigeria reintroduces the Flexible Exchange Rate Inter-bank Market as part of measures to make the foreign…
Dangote and the wrangling for dollars
In the midst of Nigeria’s foreign currency squeeze, one person stands out in the scramble to obtain hard currency —…
BoI records N44.7 billion profit-after-tax
The Bank of Industry (BoI) disbursed a total of N83.5 billion to 776 enterprises in 2015. These interventions also helped…
NDIC’s push for the return of Nigeria Savings Bank
The Nigeria Deposit Insurance Corporation (NDIC) is clamouring for the re-establishment of the Nigeria Savings Bank. Managing Director/Chief Executive of…