banking

Tony Elumelu retires as UBA Group Chairman after 15 years, succeeded by Nnorom, marking a leadership transition at one of Africa’s largest banks.

The Central Bank of Nigeria has revoked the operating licenses of 46 microfinance banks, prompting renewed calls for a comprehensive update to the sector’s regulatory framework.

Nedbank advances NCBA buyout with regional approvals, Absa Bank Kenya CEO Abdi Mohamed departs, and Family Bank seeks new investors to diversify ownership.