Fidelity Bank Plc has repaid its $400m Eurobond at maturity after five years, with the repayment reportedly financed entirely from the bank’s internal liquidity resources. The development was disclosed in a statement issued on Sunday by the Chairman and Chief Executive Officer of Air Peace, Allen Onyema, who congratulated the bank on meeting its debt
Fidelity Bank Ghana has achieved 2X Certified Advanced status, becoming the only bank in Ghana to attain this distinction and reinforcing its commitment to advancing gender-smart finance and women’s economic empowerment. Commenting on the achievement, Atta Yeboah Gyan, Deputy Managing Director, Operations & Support Functions, at Fidelity Bank Ghana, said: “Achieving 2X Certified Advanced status is an important milestone for Fidelity Bank and a strong endorsement of the deliberate steps we are taking to embed gender inclusion across our business.
Rising cargo volumes are causing port congestion and delaying goods clearance, the President of the Ghana Union of Traders’ Associations (GUTA), Clement Boateng, said. Speaking on Joy News’ PM Express Business Edition on Thursday, he identified clearance delays as one of the pressures facing traders, alongside longer shipping times from the United Arab Emirates.
•As borrowings drop 98% By Elizabeth Adegbesan Banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) fell by 87 per cent month-on-month to N1.22 trillion in October 2026 from N9.4 trillion in September. Under the SLF, the apex bank provides liquidity to banks at an interest rate above the Monetary Policy Rate (MPR).
Decision by MPC a week after the budget comes as Iran war continues to drive up energy costs Business live – latest updates The Bank of England has raised interest rates for the first time in more than three years to combat rising inflation, as the Iran war continues to put upward pressure on energy costs. The widely expected move, which took the Bank’s base rate from 3.75% to 4%, was the first rise since August 2023.
Rolling coverage of the latest economic and financial news Deutsche Bank analysts predict the Bank of England’s monetary policy committee will split 6-3 in today’s vote, with a majority voting for a rate hike to 4%. We expect the Bank of England’s patience to have run out with the unfolding energy shock.
SBI alleged that the company failed to utilise the sanctioned funds in accordance with the terms and conditions of the loan facilities