Top StoriesNigeria-based Zenith Bank denies merger speculations with Union BankGBO CorrespondentMarch 18, 2020 GBO CorrespondentMarch 18, 202002068 Merger speculations erupted in Nigeria after central bank announced recapitalisation of the banking sector
Top StoriesDubai Islamic Bank agrees to increase foreign ownership limit to 40%GBO CorrespondentMarch 17, 2020 GBO CorrespondentMarch 17, 202001527 Currently the foreign ownership limit in the bank is 25%
Top StoriesUnassignedQEWC shareholders approve proposed cash dividendGBO CorrespondentMarch 17, 2020 GBO CorrespondentMarch 17, 202001465 The firm seeks to implement all projects in line with local and international environmental standards
Top StoriesDubai Islamic Bank approves increase in foreign ownership limitGBO CorrespondentMarch 16, 2020 GBO CorrespondentMarch 16, 202001566 The bank's shareholders have approved foreign ownership limit of shares to 40 percent from 25 percent
Top StoriesFirst Bank considers merger ahead of an industry recapitalisationGBO CorrespondentMarch 16, 2020 GBO CorrespondentMarch 16, 202001431 The bank is in talks with Heritage Bank and Polaris Bank
Top StoriesFrance to partially use Huawei equipment for its 5G rolloutGBO CorrespondentMarch 13, 2020 GBO CorrespondentMarch 13, 202001361 French authorities' decide to use some of Huawei gear despite the US warning to exclude the Chinese telecom giant
Top StoriesMubadala increases its ownership in Thailand’s Manora oil field to 70%GBO CorrespondentMarch 13, 2020 GBO CorrespondentMarch 13, 202001873 Mubadala acquired a 10% interest in the offshore block from Northern Gulf Petroleum
Top StoriesWirecard to process GrabPay ewallet transactions for businessesGBO CorrespondentMarch 12, 2020 GBO CorrespondentMarch 12, 202001413 Micro, small and medium enterprises in the Philippines, Malaysia and Singapore will benefit from the partnership
Top StoriesDeutsche Bank may delay debts repayment, other lenders may follow suitGBO CorrespondentMarch 12, 2020 GBO CorrespondentMarch 12, 202001452 The bank will delay repayment on $1.25 bn of bonds
Top StoriesIndonesia annuls increase in BPJS Kesehatan health insurance premiumsGBO CorrespondentMarch 11, 2020 GBO CorrespondentMarch 11, 202001487 The Supreme Court said increase in premium should be on a par with the country’s economic development