12/18/2020
Asserting that the partnership would avail residents the opportunity to pay either N40,000 annually for family plan or N8,500 annually for individual plan through any of the Firstmonie agents, Dr. Zamba explained that once the insurance premium is paid be
12/18/2020
A statement issued by the bank on Tuesday said the Nigerian banks as well as other banks in 29 African countries brought the number of TFIs to more than 65.
12/18/2020
The reliefs on mobile phone payments were introduced from March 16 to encourage cashless payments on mobile phones as part of efforts to contain the spread of the coronavirus.
12/17/2020
Gold producers, agents to be offered 60% of refining business
12/17/2020
Another four banks were listed for over-indulging in insider lending, a problem that sunk Imperial Bank, Chase Bank and Dubai Bank.
12/17/2020
The rate on securities maturing in January 2030 narrowed in five of the past six periods, while those due in February 2048 fell four out of six times, the Johannesburg-based analyst said.
12/16/2020
The increase in the AfDB's enforcement activity and its increasingly proactive approach to risk detection are indicative of similar trends with other multilateral banks (MDBs).
12/16/2020
The CBK delayed releasing the report and does not capture the impact of the Covid-19 economic fallout on the savings.
12/15/2020
Banks have been eager to price loans to different clients based on their risk profiles but this flexibility remains a mirage after the CBK stepped in as the de facto controller of cost of credit.
12/15/2020
The type of restrictions announced by the president “could curtail economic activity in specific sectors or industries to varying degrees,” the Reserve Bank said in an emailed response to questions.
12/14/2020
Banks say that the delayed shift to risk-based lending has forced many of them to deepen investment in government securities and restrict lending to high quality customers with lower risk of default.
12/14/2020
South Africa has taken a more hands off approach. Overseers have left it to the banks themselves to make the call.
12/11/2020
We have (now) embarked on a comprehensive review of our service offering to customers across all segments.
12/11/2020
Globally, the top five countries in terms of CBI enquiries were all emerging markets: India, South Africa, Bangladesh, Pakistan, and Nigeria.
12/11/2020
“To accelerate Africa’s development, we will continue joining investment hands across the globe” - Adesina
12/11/2020
The African Development Bank (AfDB) has obsessed about this by creating the Visa Openness Index to put some data behind what most Africans know: it’s incredibly difficult to move around their own continent.
12/11/2020
MyBroadband asked South Africa’s major banks for their view on Instant EFT services.
12/10/2020
In recent times, the Company has also successfully diversified into the Retail, Telecoms and Healthcare sectors. Capital Appreciation has a market capitalisation of R1.5 billion.
12/10/2020
Pursuant to changes brought to the Act by the Anti-Money Laundering and Combatting the Financing of Terrorism
12/10/2020
The EastAfrican has learnt that the regulator and the stakeholders have agreed to expand the eligibility of trustees of unit trust funds to non-banking trustees such as accountancy and law firms.