01/19/2023
It added that this is to promote the growth and development of an efficient, fair and transparent securities market in which investors and the integrity of the market are protected.
01/19/2023
However, in the event that a bank may have to move forward to exchange, the MD/CEO must inform the CEO of GAB directly of the decision,” according to the letter sent to the banks.
01/19/2023
A CBDC is a digital version of a country’s fiat currency issued and controlled by the country’s central bank.
01/18/2023
The rise in penalties from Sh17.6 million in the preceding year and Sh2.7 million in 2019 comes on the back of increased focus on the sector over the stability of some of its players as customer complaints mount.
01/18/2023
The number of bank workers that were sacked in second quarter 2022 due to fraud represents a 90 per cent increase compared to 10 recorded in Q1 2022.
01/17/2023
The purpose of the new act is to address any shortcomings in the current legislation that deals with combatting money laundering and terrorist financing.
01/17/2023
“The 2020 tobacco sales ban resulted in an explosion of growth for the illicit market. This has continued even after the ban on tobacco sales was lifted.”
01/16/2023
The single currency will ease business and movement of persons within the region, which would achieve the bloc’s goal of becoming as envisioned in the Common Market Protocol.
01/16/2023
Already, there are strong indications that a new date may be announced before or during the CBN Monetary Policy Committee (MPC) meeting coming up on Wednesday, January 25, 2023.
01/13/2023
Ogbu advised the market men and women, “to ensure that you deposit cash holdings in these denominations (N200, N500 and N1,000) at your commercial banks”.
01/13/2023
The certifications followed a comprehensive audit and evaluation exercise conducted by MSECB – an internationally recognised certification body.
01/13/2023
The corporation noted that “the parties were unable to reach agreement on the variation of these conditions in a manner to deliver the desired outcome for the parties.”
01/13/2023
Investec partners with Angolan government, agencies and international banks in the building of three key hospitals in Angola
01/13/2023
Cryptocurrency has amazing opportunities and that is why a lot of youths are finding ways to turn their time and energy into foreign monies, whether it is Bitcoin or dollars so as to maximise the opportunities.
01/13/2023
The nation's financial crisis is reaching unfathomable heights.
01/12/2023
The 61.78 percent, or Sh104.86 billion, fall came at a time banks asked for higher interest rates during bond sales to compensate for rising inflation that threatened to eat into their real returns.
01/11/2023
Financial watchdog says GT Bank, a repeat offender, has not disputed the findings and agreed to settle.
01/11/2023
Instead, its external reserves, which are mainly from crude oil sales, have continued to shrink due to oil theft and low production, putting pressure on the Naira in the currency market.
01/11/2023
South Africa’s economy is being held back by regular power cuts and the nation has one of the world’s highest unemployment rates.
01/11/2023
The banking sector is the most dominant investor in Government of Ghana (GoG) debt instruments, a phenomenon induced by both regulatory and market economics.