MTN Group is considering selling part of its majority holding in its lucrative Nigerian arm despite the negative economic impact of COVID-19, according to Ralph Mupita, MTN Group financial officer
Banking & Finance
Keystone Bank appoints Olaniran Olanyinka as acting managing director
Nigeria’s Keystone Bank has appointed Olaniran Olayinka as its acting managing director
AfDB approves GETF and financial mechanism to boost gender equality
The African Development Bank (AfDB) has approved a Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women’s empowerment across the continent
Nigeria's Bank of Industry raises US$1.11bn
The Bank of Industry (BOI), Nigeria’s oldest and largest development financing institution, has raised US$1.11bn from the international capital market, with an aim to serve its customers better
US$3bn ‘Fight COVID-19’ social bond launched in Africa
The African Development Bank (AfDB) has raised a US$3bn in a three-year bond to help alleviate the economic and social impact the COVID-19 pandemic will have on livelihoods and Africa’s economies