11/21/2016
The bank is to make the refund, being excess profit made from the sale of $48.6 million to a foreign customer above the inter-bank market exchange rate agreed by all operators and approved by the CBN.
11/18/2016
The agreement to launch GGIF for Africa was signed between the World Bank represented by its MENA region vice-president Hafez Ghanem and Ithmar Capital, a sovereign Investment Fund.
11/18/2016
Data from economic think tank Focus Economics.
11/17/2016
19 banks owed under the ‘legacy debt’ received second payment in the first quarter of September
11/17/2016
SABRIC says fraudsters take advantage of the fact that consumers receive bonuses, spend more money and are generally more relaxed because they are in holiday mode.
11/17/2016
The minister explained that it would encourage more direct foreign investments into Nigeria, allow investors to know what their tax obligations will be and ensure sustainable tax regime for each country.
11/17/2016
According to a report by 163 news, the agreement was the first to confirm the distribution of equity within the bank, the first African bank a Chinese enterprise has acquired a licence for.
11/16/2016
They should institute risk management policy to identify, assess, monitor and control risks.
11/15/2016
The money would be used by banks to meet their customers’ requirements.
11/15/2016
Tanzania’s foreign minister announced earlier this month that the country has signed a memo of understanding with Switzerland to help recover money illegally stashed in Swiss banks by Tanzanians
11/15/2016
IMF confirmed on Monday that it had removed the remedial measures against Zimbabwe
11/14/2016
Ghana is telling banks to combine and raise funds through the stock market.
11/14/2016
It is asking that a special resolution be approved to increase authorized share capital to 17.5 billion naira from 9.5 billion naira.
11/14/2016
The prosecution of the officials will have a positive effect on the sector and enhance accountability
11/13/2016
Launched in 2015, the AfCGP is a four-year programme funded by the State Secretariat for Economic Affairs (SECO)
11/10/2016
It noted that its attention had been drawn to the increasing patronage of illegal IMTOs by Nigerians in the Diaspora for the purpose of home remittances.
11/09/2016
The Draft Margin Notice is expected to come into effect and phase in the margin requirements during the second half of 2017.
11/09/2016
Between 1982 and 2006, there were 91 client accounts opened by Tanzanian nationals, with one client depositing $20.8 million.
11/09/2016
The statement explained that the funding will help set up the delivery unit of the initiative to be hosted at the AfDB.
11/08/2016
Under South African regulations PIC requires the central bank's approval to raise its stake in Barclays Africa.