09/24/2020
He said that on January 19, 2015, N359m was transferred to the minister’s account, adding that before the transfer, the balance in the account was N2, 614.38
09/24/2020
“We are delighted once again to have one of our attorneys be recognized by the ALA, with a prestigious recognition,” said NJ Ayuk, CEO of Centurion Law Group.
09/23/2020
CBN gives up on its policy of attracting dollars
CBN has given up its policy of attracting ‘hot money’ as it selects an alternative way to fight inflation.
09/22/2020
Several months after watchdog provisionally suspended its financial services provider licence
09/21/2020
What you should know about taking large sums of money out of South Africa
Powell has published a new guide for South Africans looking to take their money out of the country and the regulations that they should be aware of before doing so.
09/21/2020
The opening remark was presented by Olayinka Fayomi, Chairman, Foreign Investment Network (FIN).
09/21/2020
In August, a Manhattan judge granted a secret court order giving the Industrial Development Corporation (IDC) access to Gupta financial records held at more than a dozen New York banks.
09/21/2020
The CBK on Friday licensed the country’s first mortgage refinance firm, paving the way for commercial banks to access long-term finance for home loans.
09/20/2020
Surge in South Africans weighing up options to leave the country
Montenegro enquiries increased by 25% in Q3 compared to Q1, and St. Lucia enquiries increased by 46% in the same period, it said.
09/20/2020
CBN has upscaled Greenwich Trust Limited to the status of a merchant bank.
09/18/2020
In order to raise its income and make a step in enlarging its borders, Nigeria made a few deals with Kenyan banks.
09/17/2020
When AlBaraka began updating its core banking platform it needed to ensure that the new system integrated with the SARB and complied with local legislation.
09/17/2020
On May 31, 2019, 347 microfinance companies had their license revoked by the Bank of Ghana as part of the financial sector cleanup.
09/17/2020
Over the past five years, there has been several unceremonious departures from the market, of a number of retail chains that went under with millions of dollars in supplier credit, bank loans, rent and wages arrears.
09/17/2020
A recession in South Africa and muted price development in Kenya make these nations outliers nonetheless contemplating fee cuts, though their room for maneuver can also be narrowing.
09/16/2020
In recent times, the activities of fraudsters have increased and the banking sector is grappling with efforts to tackle this menace headlong.
09/16/2020
Thus, the burden of proving that the crypto assets proposed to be offered are not securities and therefore not under the jurisdiction of the SEC, is placed on the issuer or sponsor of the said assets," it said.
09/16/2020
Kenya Bankers Association CEO Dr. Habil Olaka and Huawei Kenya Chief Executive Officer Mr. Will Meng during the signing a memorandum of understanding. Under the agreement, the two organizations will organize financial ICT-related activities.
09/15/2020
This helped boost net trading income to Sh10 billion from Sh4.2 billion in 2018.
09/15/2020
The new initiative aims to harmonise African standards for pharmaceuticals and medical devices thereby enhancing intra-African trade, reducing substandard counterfeit products, and building resilient regional health systems