07/11/2022
It should be noted that the call for debt relief for Africa did not start today as exemplified by the call last year made by the President of African Development Bank, Dr Akinwumi Adesina.
07/11/2022
The prime rate is the interest rate that banks charge their most creditworthy customers, generally large corporations.
07/11/2022
In the suit, Mekwunye, also a Union Bank shareholder, had contended that Union Bank’s sales to Titan Trust Bank by Union Global Partners and Atlas Mara Ltd did not follow extant laws of Nigeria regulating such transactions.
07/07/2022
Keep your login details, passwords or account information private.
07/07/2022
The statement also said each coin will be identified with a serial number and can be easily converted to cash, locally and internationally.
07/07/2022
One of the major objectives now is to secure a national banking license in order to transform TAJBank into an industry leader.
07/06/2022
According to the regulation plan, the FSCA is developing a conduct regulatory framework to be implemented under the COFI Bill, once the COFI Bill is enacted.
07/06/2022
“The aim of the amendment is to explicitly enable and reference longer-term infrastructure investment by retirement funds, by increasing maximum limits that funds may invest in,”
07/06/2022
Analysts stated that the improved business activities post-covid-19 paved the way for banks and merchant banks to halt borrowing from the CBN.
07/06/2022
Some of these lenders even specialise in rights/privacy violations such as harassing the friends and families of debtors.
07/06/2022
Findings of a two-year study by the UK-funded NGO FSD Kenya showed that bank pricing data was difficult to obtain and that market information was still opaque.
07/05/2022
So far, the Central Bank of Somalia has licensed 13 locally owned commercial banks, among them Salaam Somali Bank and Dahabshil Bank.
07/05/2022
Banks that break the rules risk withdrawal of licenses, directors’ ousters, and a Sh5 million fine while workers in violation face a Sh200,000 penalty.
07/04/2022
...they are powerful and operate independently of the CBN
07/01/2022
The bank is owned by a Ghanian consortium led by the Central Bank of Ghana.
06/30/2022
Africa is losing more than $50billion every year in illicit financial outflows as governments and multinational companies engage in fraudulent schemes aimed at avoiding tax payments to some of the world’s poorest countries
06/30/2022
The bank said the directive became mandatory for institutions to strengthen their cyber defenses if they were to remain safe and sound.
06/30/2022
$239mln is at stake
06/30/2022
The agreement will also help to facilitate the capacity of stakeholders through financial literacy programmes, market advocacy initiatives and listing of companies.
06/29/2022
The Commission, nevertheless, assured all stakeholders of the safety and protection of their interests.