Browsing: Bank

In the annals and the glittering pantheons of African banking, few stories are as improbable, as audacious and as profoundly transformative as the journey of Dr Tony Onyemachi Elumelu CFR and the United Bank for Africa. When Elumelu took his first bold step into the Nigerian banking scene, naysayers dismissed him as a “joker” for…

The World Bank has retained Nigeria’s lower-middle income classification for its 2027 fiscal year, while also adopting the blend country status which eligible for financing from international borrowers and multilateral institutions. What does this classification mean for Nigeria’s economy? Paul Alaje, Senior Economist at SPM Professionals, joins CNBC Africa for this discussion. Tue, 14 Jul…