07/08/2016
The central bank on Monday said Skye Bank’s liquidity ratio has been below the regulatory limit for a while and it had resorted to its rediscount window for support, prompting its top executives to resign.
07/07/2016
The proposed amendments are open for public comment until 15 July 2016.
07/06/2016
The announcement by the CBN created near panic as clients of the bank trooped to branches to withdraw their savings for fear of losing their monies.
07/05/2016
Islamic banks and insurers are setting up in Morocco after it adopted legislation allowing them into the domestic market.
07/04/2016
The firm, which launched the East Africa Fraud Risk Survey last year, has been rooting for a regional database and intelligence communities to fight the vice.
07/04/2016
The Mauritius transitional period (1st April 2017 to 31st March 2019) allows for the sharing of taxing rights between India and Mauritius
07/01/2016
The North African country had long rejected Islamic banking due to concerns about Islamist movements, but its financial market lacks liquidity and foreign investors, both of which Islamic finance could attract.
06/30/2016
Subsequent years have seen a move from a more diverse basket of currencies used in the country to a near total domination by the Greenback.
06/30/2016
The World Bank’s economic analysis for Kenya shows that the country’s insurance sector was expected to grow at 6 per cent in 2015
06/30/2016
The Brexit effect is bound to decrease foreign investment in the region.
06/30/2016
The Conféderation Fiscale Européenne (CFE) says in its statement taxpayers have the right to be advised and represented by qualified tax professionals of their choice
06/29/2016
The latest World Bank's annual Country Policy and Institutional Assessment for Sub-Saharan Africa.
06/28/2016
The new Development and Business Delivery Model is built on achieving five foundations within the Bank
06/27/2016
However, he did not give details of customers benefited and the amount of Islamic loans it has so far lended in the country.
06/24/2016
Following the oversubscription, NMB applied and received approval from the Capital Markets and Securities Authority to increase the greenshoe option
06/24/2016
There may issues “related to Net 1 being involved in pay outs” and selling services
06/22/2016
In my view the shareholders of Imperial Bank have been unwilling to put together a package that will reopen the bank.
06/22/2016
Nigeria's central bank has appointed 15 of its commercial lenders as primary forex dealers, as the naira tumbled 30 percent after it lifted its peg on the currency, traders said on Monday.
06/21/2016
This is as Fitch Ratings has stated that the shift to a more flexible foreign exchange regime will not only support growth but could help the country to adjust to lower oil prices.
06/21/2016
But falling global commodity prices that have hit economies in countries such as Nigeria and Ghana have caused revenue to slow, profits to fall and triggered a shift in approach.