06/23/2017
According to the document, all board of directors and senior management of banks will be expected to formulate and implement Cyber Risk strategies, policy, procedures and guidelines and set minimum standards for the institution.
06/22/2017
Banks with Islamic windows are also not segregating Islamic deposits from other funds, says the IMF.
06/21/2017
Sukuk, the non-interest equivalent of bonds, is becoming increasingly attractive as a preferred option for funding infrastructure development and indeed economic growth across the globe.
06/20/2017
Currency and bond markets reacted sharply to the watchdog's comments
06/19/2017
It was learnt that the banks were working on expression of intention by the CBN to lift the ban in going for transactions.
06/19/2017
A report from anti-corruption watchdog raises fears controlling inflation could no longer be a priority
06/19/2017
The public protector report found that the failure by government and the Reserve Bank was inconsistent with the Constitution and it constitutes improper conduct and maladministration.
06/17/2017
The policy rate increases, the cost of borrowing becomes higher for commercial banks, and vice-versa as the policy rate falls.
06/12/2017
The concept of a platinum coin fell short primarily owing to the modest size of the global market for such coins, which the SARB estimates at only 50 000 oz/y.
06/12/2017
Zimbabwe's indigenization policy stipulates that foreigners must own a maximum of 49 percent of shareholding in a company while the majority 51 percent is reserved for locals.
06/12/2017
His Ministry was reviewing all the legislation and policies to ensure that they were conducive to sustainable mineral exploration, mining and energy development.
06/09/2017
The only licensed Sharia’h complaint banks in Kenya, conventional banks also operating Sharia’h compliant services.
06/08/2017
We would not want to reduce rates and then be forced into a premature reversal of policy.
06/07/2017
The bonds will be direct, general obligations of Nigeria, denominated in U.S. Dollars.
06/06/2017
In recent years, significant changes in global finance regulations mean that every investor should re-examine their personal need for such offshore structures.
06/05/2017
The common reporting standard requires financial institutions to report on their foreign customer base, not just US customers.
06/04/2017
The question is; what will the workers get at the end of the day?
06/03/2017
The BoG had revoked the provisional licences of 70 microfinance institutions, leading to panic withdrawals by some clients.
06/02/2017
The scheme aims to protect ‘less financially sophisticated depositors in the event of bank failure’
05/28/2017
Infractions routinely committed year after year by the banks range from late filing of financial reports, abuse of customers' Automated Teller Machine cards, failure to undertake statutory due diligence, violation of anti-money laundering laws, cheat