02/20/2015
The central bank, which also acts as the country’s bank supervisor, cited “deficiencies” in how Frankfurt-based Deutsche Bank identified and verified customer details, according to a statement on the South African Reserve Bank’s we
02/19/2015
The Apex Bank noted that the wide gap between the official and interbank value of the naira had engendered undesirable practices
02/19/2015
Nigeria’s number one bank, Central Bank of Nigeria, has laid down a set of new guidelines for the treatment and management of dormant accounts by commercial banks.
02/16/2015
In this country, Abil no doubt, has had an influence, too.
02/13/2015
Work has started to implement the restructuring process of the Bank of Muscat International Offshore in Seychelles announced by the Central Bank of Seychelles in December last year.
02/12/2015
THE Reserve Bank of Zimbabwe (RBZ) has set an ambitious target to have a financial services sector that has no distressed banks by the first half of this year
02/11/2015
Recent developments at the South African Revenue Service, which had been one of the government’s strongest institutions, are particularly concerning, Ballim told reporters in Johannesburg on Tuesday.
02/11/2015
Ecobank is compliant with regulatory requirements, including those for liquidity and capital
02/11/2015
Mangudya said the central bank had also set aside $50 million to invest in gold production
02/10/2015
The Emir also praised UBA for offering him a job
02/09/2015
Low growth, business confidence the ‘new normal’.
02/09/2015
A network of secretive banks and offshore tax havens was used to funnel US$182mn in bribes to Nigerian officials in exchange for US$6bn in engineering and construction work for an international consortium of companies that included a then Halliburton subs
02/09/2015
It is expected to take more than 5 000MW out of service on planned maintenance, which will likely hurt local businesses.
02/06/2015
The IMF fears ‘Ecobank’s Nigerian subsidiary in particular is plagued by “poor governance, questionable transactions and an unsustainable operation model.”
02/05/2015
Kenya has one of the most rigid collateral requirements of six emerging markets surveyed by the a team of the International Monetary Fund (IMF), and demands the most collateral of the African countries
02/04/2015
Ecobank disputes the jurisdiction of both the Togolese and Ivorian courts over the cases, and has appealed against both decisions.
02/01/2015
Civil society organizations call for African leaders to move quickly to implement recommendations in UNECA report on Illicit Financial Flows
01/27/2015
The capital raising falls in line with Access Bank's five-year corporate strategy plan to be one of the top three banks in the country and the "world's most respected African bank".
01/26/2015
The Central Bank of Nigeria has issued a directive requiring all deposit money banks to implement two factor authentication for internal processes this year.
01/26/2015
The order stems from a suit brought by Tanoh concerning events