04/25/2017
Anohu-Amazu hands over regulation of N6trn pension industry to Dahiru-Umar
The handover followed the arrival of her disengagement letter last Friday which was officially delivered to her.
Regulation,Tax & Compliance
04/24/2017
Africa: World Bank Cautions African Govts On Large Fiscal Deficits
The bank says although commodity prices have gained some ground, exporters (especially, oil exporters such as Angola and Equatorial Guinea) are still running sizable deficits.
04/24/2017
South African banks threatened by delay in money-laundering law, global body says
Zuma has been lobbied by the Black Business Council not to sign the bill
04/24/2017
Nigeria: Investors, Exporters get Special Forex Window
The regulator advised authorised dealers to promote market transparency
04/24/2017
Sudan's Agricultural Bank Signs Agreements With US Companies
Ahmed said that after the exchange of documents and the opening of an account at "a major US bank", the agreements will immediately be implemented.
04/23/2017
Ghana central bank will not finance budget deficit – governor
Addison said Bank of Ghana did not finance the deficit last year, although the current law allows limited funding.
04/22/2017
CBN to sanction banks hindering SMEs’ access to forex
The CBN, therefore, appealed to bank customers and the SMEs to provide concrete evidence against these banks so it could hold them responsible by way of sanctions, Mr. Okorafor said.
04/21/2017
World Bank Group launches initiative to support digital entrepreneurs in Africa
Digital start-ups are important drivers of innovation in Africa
04/18/2017
Botswana’s Letshego Holdings acquires afb Ghana
Letshego and the afb team have now shared their intent to deliver more broad-based solutions during 2017 and going forward
04/17/2017
Row over N22b pension legacy fund
NICON Insurance is said to have more than half of the fund in its custody, worth N12 billion.
04/13/2017
Comesa bank governors push for full utilisation of REPSS
Through REPSS importers and exporters would be able to pay and receive payment for goods and services using an efficient and cost effective platform, thus increasing intraregional trade.
04/12/2017
Ghana, Czech sign Double Taxation Agreement
It will also eliminate the incidence where income from both countries are taxed twice and as well as increase Ghana’s Exchange of Information network
04/11/2017
Tanzania: Govt Asks for Extradition of Former Senior Banker
The three have been charged with money laundering, forgery, abuse of position, corruption, obtaining advantage and transfer of proceeds.
04/10/2017
SEC, NSE revoke 21 stockbrokers’ licences for fraud, others
A circular obtained at the weekend by The Nation indicated that 17 firms were deregistered by SEC, three expelled for failing to activate their licences and one kicked out for fraud.
04/07/2017
Hong Kong signs data-sharing deal with South Africa and Portugal
It is the latest data-sharing agreement signed by Hong Kong
04/07/2017
West African Digital-Currency Project Shunned by Central Bank
The central bank warned the BRM against the use of the term eCFA
04/07/2017
Nigeria: Union Bank to raise $164m to boost capital reserves
Union Bank is seeking opportunities as the government is looking towards agriculture and solid minerals to diversify the economy away from oil and reduce imports.
04/07/2017
Kenya: Chase Bank Owners Fault CBK's Plan to Sell Stake
"Our position is that a deal cannot be done without the shareholders being part of the process."
04/06/2017
Nigeria cabinet approves $1.3 billion loan for development bank
The loan money is made up of $500 million from the World Bank
04/06/2017
Nedbank CEO Says S. Africa Banks Need Policy Certainty
He speaks on "Bloomberg Surveillance."