AllAfrica News: Banking and Insurance

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Nigeria: Banks Slash Lending, Cut N5.4trn Across Key Sectors2 hrs

[Vanguard] ...As agric, finance, others attract fresh loans

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Nigeria: Flood - NIA Directs Victims to Notify Insurance Firms for Claims Payment2 hrs

[This Day] The Nigerian Insurers Association (NIA), has directed individuals, families, and businesses affected by the recent flooding across several parts of Lagos State following the persistent heavy rainfall experienced in recent days to notify their insurance companies, insurance brokers, or insurance agents for commencement of claims process without delay.

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Nigeria: Ecobank Group Marks $450m Nature Bond Listing On LSE2 hrs

[This Day] Ecobank Transnational Incorporated has announced the listing of its $450 million Sustainable Agriculture & Natural Capital Bond with a Market Open Ceremony at the London Stock Exchange (LSE).

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Nigeria: Driven By Interest Income, 12 Banks Generated N7.2tn Gross Earnings in Q12 hrs

[This Day] Following the tightening of monetary policy by the Central Bank of Nigeria (CBN) that significantly boosted banks' interest earnings, Access Holdings Plc, Ecobank Transnational Incorporated and 10 other banks posted a combined N7.2 trillion gross earnings in the first quarter ended March 2026, a 12.8 per cent increase when compared to N6.4 trillion recorded in the sam...

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