08/14/2020
The Cooperatives Act 2016, he further recalled, makes provisions for the setting-up of a Co-operative Audit Unit within the Ministry Industrial Development, SMEs and Cooperatives.
08/13/2020
Standard Chartered and Airtel Africa will work together to co-create new, innovative products aimed at enhancing the accessibility of financial services
08/13/2020
The alarming rate of involvement of bank staff in the perpetration of fraud in the banking sector, calls for significant reforms in the engagement, remuneration and disengagement processes of employees and contractual staff of financial institutions.
08/13/2020
The IMF predicts that falling oil prices will halve Nigeria’s export earnings to US$26bn, which traditionally accounts for 90 per cent of the government’s budget.
08/13/2020
Temenos technology will enable Sombank to accelerate digital transformation and offer a unified banking experience to customers in branch and online
08/13/2020
NPP enables a central bank to issue a sovereign, digital currency for national adoption.
08/12/2020
The Bank of Mauritius Act has also been amended to introduce the concept of “digital currency” as the central bank digital currency issued by the Bank of Mauritius.
08/12/2020
Small-sized businesses have been hardest hit by the economic effects and uncertainty of the pandemic, weakening their ability to save and tap loans.
08/12/2020
Banks are now grappling with multiple risks including loan defaults as the disease and measures taken to control it hurts customers’ incomes.
08/12/2020
It is also important to note that the most commonly processed personal information is actually employee data.
08/12/2020
"We are paying the bond from our internal cash flows," John Gachora, NCBA’s chief executive told the Daily Nation, adding that the lender has plenty of liquidity.
08/12/2020
The advisers are expected to assess unsolicited expressions of interest from private-sector funders, private-equity investors and partners for a future restructured SAA.
08/12/2020
Also, the Lagos-based company announced the appointment of Mr Ken Anaje as the Head of Operations.
08/12/2020
It is in the public interest to state emphatically that there was no transfer of N573m into this account.
08/11/2020
On 21 July 2020, the Minister of Finance, Economic Planning and Development issued the Insolvency (Extension of Time During COVID-19 Period) Regulations 2020 (Extension of Time Regulations) under the Insolvency Act 2009 (Insolvency Act) (GN 163 of 2020).
08/11/2020
The overdraft facility at the CBK provides a temporary source of cash for the Treasury to cater for emergencies and priority payments when revenue streams such as tax receipts and debt do not flow in at a pace that matches expenditure demands.
08/11/2020
Standard Chartered Ghana (officially Standard Chartered Bank Ghana Limited) is a banking financial services company in Ghana, and an 80% subsidiary of Standard Charted.
08/11/2020
The partnership, the first signed between the EBRD and CIH, will support CIH in its strategic focus towards SMEs by increasing its lending capacity to this sector.
08/10/2020
SARB under pressure from politicians to take more direct role in stimulating economy
08/07/2020
The time-to-maturity of bonds had fallen below six years in the period between October 2017 and March 2018.