11/04/2015
Nigeria's central bank sees no need for Stanbic IBTC to restate accounts
It had asked the central bank to take disciplinary action against Stanbic's management.
Regulation,Tax & Compliance
11/04/2015
Stanbic IBTC gets respite as CBN says no need to restate accounts
The FRC said last week that Stanbic IBTC had an “other operating expenses” category in its accounts for financial years 2011 through 2014
11/03/2015
BVN: Banks block non-compliant accounts
CBN says accounts remain active, extends Diaspora enrollment
11/02/2015
Four Charts That Show Why MTN's Nigerian Fine Matters So Much
There is a lot at stake for Africa’s largest mobile-phone operator and the government of the continent’s top economy as the following charts, converted to dollars as of Friday’s exchange rates,show.
11/02/2015
Ashmore Group’s Co-Founder Jerome Booth To Raise About $500M To Boost African Energy
Booth stated that he still owns a significant stake in Ashmore and will serve as chair of NSAM and also chair the investment committee.
11/02/2015
"BVN Enrolment Hits 20.8m" - CBN
Mu'azu said that the CBN had no plans to extend the deadline of the exercise.
11/02/2015
CBN Lists Benefits of IFRS
Financial information needs to be relevant, reliable, understandable and comparable.
11/02/2015
Ghana Banks Show Increase in Competitiveness Post Financial Crisis
Naturally in the aftermath of the crisis competitiveness diminished in light of the crisis and system instabilities exposing deficiencies in bank management.
11/02/2015
Bank of Zambia Set to Raise Key Rate for First Time in Year
Zambia’s economy is facing one of its worst crises in years.
11/01/2015
Blanket Banking Regulation Serves No Purpose
It took a wholesome change in government for banking to get out of its shadows of subservience.
10/30/2015
Nigeria Risks Investment It Can't Afford to Lose With MTN Fine
The fine equates to more than 20 percent of Johannesburg-based MTN’s market value.
10/30/2015
Nigeria: Are Nigerian Regulators Targeting South African Businesses?
The commission spokesperson, Awwalu Salihu said; 'The Commission has since drawn the attention of the service provider to this concern
10/29/2015
Standard Bank opens Ethiopian representative office
Standard Bank Group has expanded its East African footprint with the official opening of a representative office in Ethiopia.
10/27/2015
Stanbic IBTC faults FRC’s sanctions; says action “procedurally defective
The Council had accused Stanbic IBTC of regularly flouting the CBN regulations
10/26/2015
TSA: CBN Fines FirstBank, UBA N4.82bn for Concealing NNPC Funds
The Central Bank of Nigeria last Friday fined First Bank of Nigeria Limited and United Bank for Africa Plc the sum of N4.819 billion.
10/23/2015
African Bank Revival Delayed Again as More Deadlines Missed
African Bank tried to oppose the court application, but was unsuccessful and the deal fell through after deadlines were missed.
10/22/2015
First Rand bank now open to public
This comes after First Rand Bank received final approval from the Bank of Ghana to start operations in the country in August this year.
10/22/2015
Six From Cameroon Among First 200 African Bank Rating
The first Cameroonian bank comes 78th on the continent and second at the sub-regional level.
10/22/2015
Kenya's central bank to boost bank supervision after Imperial problem
It was the second bank taken over since August, when Dubai Bank Kenya Ltd was put in receivership after liquidity problems.
10/21/2015
Strengthening South Africa s resolution framework for financial institutions
Address by Mr François Groepe, Deputy Governor of the South African Reserve Bank, at the public workshop on the discussion paper titled "Strengthening South Africa s resolution framework for financial institutions" Cape Town, 15 September