04/10/2014
He made his projection based on the choice of the new CBN boss, the chief executive of Zenith Bank, a colleague who he said has a good understanding of the state of the sector.
04/09/2014
Egyptian banks are refusing to receive wire transfers from Sudanese and Libyan companies in line with instructions issued by the Central Bank of Egypt
04/07/2014
Obigwe, who was cleared last week, had been waiting since 2009 for the central bank to give him a clean bill of health.
04/07/2014
Sustainability advocacy group Ceres, in collaboration with BlackRock and other major institutional investors across the globe, announced an initiative to engage global stock exchanges, via the World Federation of Exchanges, on a uniform standard for susta
04/04/2014
Zimbabwe has issued $103m of Treasury bills to seven banks as the government repays debt stemming from the central bank’s seizure of foreign-currency accounts
03/17/2014
Arnold Ekpe, former CEO of West African banking group Ecobank, once said African-owned companies had an advantage in African markets, particularly the difficult and high-risk ones, because they came from risky markets and understood the challenges and kne
03/05/2014
This is in line with the Mauritius central bank's role as a founding member of the Malaysia-based International Islamic Liquidity Management Corp, a body backed by central banks from the Middle East, Asia and Africa.
03/02/2014
The meeting, which was ordered by the Nigerian Securities and Exchange Commission, is on the heels of the recent crisis on the bank’s board.
02/28/2014
Sudan: Saudi Arabian Banks Suspend Sudan Transactions
Saudi Arabia and some European banks will halt their transactions with Sudanese banks from 28 February onwards
02/17/2014
Ghana's central bank has separated certain categories of Outward Payments in its new directives concerning the Foreign Exchange operations in the country.
02/11/2014
The protracted process of drawing up regulations for the entire hedge fund industry, which commenced in 2012 on the recommendation of the Group of 20 following the 2008 financial global financial crisis, is drawing to a close, with the Treasury looking to
02/10/2014
Financial industry executives are almost as concerned about the growing demands of regulatory compliance as they are with market volatility
02/06/2014
With offshore regulatory activity at a high in West Africa, now is a good time for a brief overview of the legal and regulatory developments coming up in the region's key oil and gas jurisdictions.
02/03/2014
The Nigerian Securities and Exchange Commission’s investigation this month into Ecobank Transnational Inc. highlights the regulatory risks facing pan-African companies, Fitch Ratings said.
02/03/2014
THE Securities and Exchange Commission of Zimbabwe (SECZ) will this week begin an inspection exercise of asset management companies with a view towards ensuring compliance in presenting audited results.
01/21/2014
The central bank between 2009 and 2010 directed Non Banking Financial Institutions to increase their minimum capital to GHC 7 million by 2012.
01/06/2014
Investors left guessing as regulations squeeze banks’ profits
The 14 commercial banks which have released earnings for the nine month period to September 2013 grew pretax profits by 6.5 percent to N458.9 billion, the slowest pace of growth in about two years.
01/03/2014
FBN of Nigeria Says Annual Profit Curbed by New Regulations (1)
FBN Holdings Plc , owner of First Bank Nigeria, said its profit for 2013 will probably be the same as the previous year as tougher regulatory requirements increased its costs.
12/25/2013
Compliance teams face an increasing array of rules due to failings exposed by the financial crisis.
12/16/2013
Commercial banks are headed for a collision with the Jubilee administration over a high interest rates regime