04/24/2023
ILX Fund I provides a scalable $1 billion private credit investment strategy to be deployed across emerging and developing countries, co-financing with global Multilateral Development Banks (MDB) and other DFIs.
04/24/2023
The banks covered in this analysis include Guaranty Trust Holding Company Plc, Wema Bank Plc, Union Bank of Nigeria Plc, United Bank for Africa Plc, Zenith Bank Plc and the FCMB Group Plc.
04/21/2023
No documentary or expert evidence of this possibility was put forward by Eskom, the firm said.
04/21/2023
Designated employers are now any business, irrespective of turnover, that employ more than 50 people
04/20/2023
The investors are allowed to seek regulatory exemption from the complete purchase of the company.
04/19/2023
Analysts reckon the 25 percent threshold had captured many operators, defeating the purpose of the law, which is to focus on dominant players.
04/19/2023
Banks need to implement solutions that use global best practice for know-your-customer activities
04/19/2023
Figures obtained from the CBN revealed that N2.3tn was mopped up from circulation during the period under review.
04/18/2023
He said the prevailing macroeconomic conditions such as high inflation, currency depreciation, and fiscal constraints, had created an uncertain business environment, compelling banks to take a more cautious approach to lending
04/18/2023
Retirement fund appoints leading South African investment fund administrator following highly competitive tender process.
04/17/2023
The firm’s roaming services are dependent upon it being interconnected with local mobile operators such as Safaricom and Telkom.
04/17/2023
He added that $20 billion of external debt was eligible for restructuring 66 per cent of the external debt stock. Of that, $5.4 billion in official creditor debt will be restructured.
04/17/2023
These objectives are achieved through a robust monitoring and peer review process.
04/14/2023
The circular, which was signed by the Director of Financial Policy and Regulation Department of the apex bank, Chibuzor Efobi, also called for inputs which should be sent within three weeks.
04/14/2023
This mirrors the heightened probe of global banks years ago in Europe, Asia, the United States and South Africa over allegations of price-rigging in currency markets.
04/14/2023
The president added that as the government is reforming the visa regime, it is investing in skills development to ensure that domestically there is no longer a massive skills deficiency.
04/14/2023
According to Coovadia, a notable issue relates to measuring complaints and issuing compliance certificates as a licence to do business with the state.
04/11/2023
“Approval of funding from the bank’s concessional lending window was made on March 29,”
04/11/2023
The new bank identification system will link banking accounts of individuals across different financial service providers.
04/11/2023
With all the inherent positives, still there existed room for expansion in the system to ensure a thriving and competitive payments landscape in Nigeria.