Absa Group plans to kick off expansion in Nigeria in 2019

Posted by - April 12, 2019

Absa Group Limited, a South African financial services provider, says its planned expansion into Nigeria will kick off in the second half (H2) of 2019. Absa will focus on its corporate and investment bank (CIB) division, Charles Russon, chief executive of the division, reported. Russon added that he is positive that a strategy plan shared

CBN, NIPOST to Kick Off Microfinance Banking In Seven Locations

Posted by - March 8, 2019

The Central Bank of Nigeria and the Nigerian Postal Service are set to kick off the establishment of a National Microfinance Bank with pilot projects in seven locations. The seven pilot branches would be established in Ibadan, Port Harcourt, Bauchi, Kaduna, Enugu and Lokoja. The Federal Capital Territory branch of the bank will be established