01/15/2015
The Central Bank of Nigeria and Nigeria Inter-Bank Settlement System have been called upon to investigate the circumstances that led to switch failures from Automated Teller Machines of most banks during the Yuletide season.
01/14/2015
South Africa's credit regulator has referred small lender Ubank to a consumer tribunal, recommending it should be fined for reckless lending and forced to change its business practices.
01/13/2015
Nigeria’s central bank loosened rules implemented last month on buying and selling foreign exchange that were blamed for crushing currency trading in Africa’s largest economy.
01/12/2015
The eight officials of the two firms (some of who are now at large) prepared cash vouchers for false returns to their parent companies in China between 2010 and 2013.
01/05/2015
In the context of this paper, regulation means a body of specific rules or agreed behaviour, either imposed by some government or other external agencies or self-imposed by explicit or implicit agreement within the industry, that limits the activities and
01/02/2015
The assessment is intended to help countries identify risks to the financial system and implement policies to deal with financial shocks and contagion
12/30/2014
Dr.Gondwe said this will play a complementary and supportive role to the effectiveness of the supervisory oversight of the central bank in this emerging area in our financial system.
12/29/2014
The paid-up value in companies’ establishment and capital increase for listed companies witnessed a growth rate of 5%.
12/22/2014
The Senior Director of the Global Practice on Macroeconomics and Fiscal Management, World Bank, Marcelo Guigale has advised policy makers in the continent not to continue to rely heavily on commodities and higher rent activities, but rather to implement p
12/22/2014
The West African Development Bank is set to receive a loan of 100 million euros from the China Development Bank
12/19/2014
Foreign investors in Nigeria are concerned that measures taken by the central bank to prevent speculation against the falling naira will hinder their ability to sell investments in the country.
12/18/2014
Chief Executive officer of the Ecobank group is pushing for more consolidations among banks in Ghana.
12/13/2014
African Bank curator Tom Winterboer has postponed the floating of the "good" bank on the JSE, although there is a time limit on the support he has from the central bank.
12/12/2014
The Reserve Bank placed the bank under curatorship to protect depositors and holders of the unsecured lender’s debt.
12/11/2014
Investors in South African banks are growing increasingly concerned over proposed legislation stripping them of some rights as creditors, fallout from the August collapse of African Bank Investments.
12/10/2014
The demise of Abil, as the unsecured lender is known, has rippled through the nation’s markets
12/05/2014
PwC Nigeria, a leading professional services firm, has challenged financial institutions operating in Nigeria and the sector’s regulators on the need to develop a regulatory framework to drive the implementation of the Foreign Account Tax Compliance
11/25/2014
South African economic prospects have recently been downgraded, yet again, by major credit ratings agencies.
11/24/2014
Financial companies, professional services firms and regional headquarters of multinationals can become members of the centre, receiving tax concessions and other benefits such as fast-track visa procedures for staff.
11/19/2014
The bank was recently confronted with corporate governance issues that led to the removal of Thierry Tanoh, as the chief executive officer by the board.