09/10/2026
According to the CBN’s latest Quarterly Statistical Bulletin (QSB), foreign exchange (FX) inflows into Nigeria through International Money Transfer Operators (IMTOs) declined by 8% q/q to USD1.3bn in Q1 ’26. The sequential contraction reflects
09/09/2026
The CBN Governor, Olayemi Cardoso, gave the assurance on Tuesday at the 19th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria in Abuja.
09/08/2026
The new programme is designed to operate in coordination with existing public instruments, including the Catalytic Fund, Emprega, ProJovem, Promulher, and Acredita Emprega.
09/08/2026
When the two-pot retirement system was introduced, many had assumed that withdrawals would be evenly distributed across all income groups, Portrag said.
09/08/2026
The Bank’s new Global Energy and Fertilizer Crisis Response Framework gives us a way to respond to the pressures African farmers are facing as the conflict in the Middle East disrupts global trade
09/07/2026
The average loss per incident was R21,865 last year, compared with R19,095 in 2024 and R20,649 in 2023.
09/03/2026
This approval removes another obstacle in the South African bank’s expansion into East Africa and brings Nedbank closer to finalising the R13.9 billion transaction.
09/02/2026
NCBA was formed in 2019 following the merger of NIC Group and Commercial Bank of Africa.
09/02/2026
The Positive Outlook reflects Fitch’s expectation of continued fiscal prudence and further building of external buffers.
09/01/2026
At the meeting, Massingue warned that excessive payment delays are forcing contractors to absorb additional financial costs, compromising contract execution and, in some cases, threatening the very survival of their businesses.
08/28/2026
He said the tools are helping the Bank improve its forecasts and provide better information for monetary policy decisions.
08/28/2026
Proposed new exchange-control rules could cripple South Africa’s crypto industry, undermine self-custody and push transactions offshore, warns MoneyBadger CEO Carel van Wyk.
08/28/2026
The Central Bank of Nigeria (CBN) has turned its attention to controlling the growth and influence of some of the country’s largest banks.
08/28/2026
The central bank lowered its average inflation forecast for 2026 to 7.9% from 9.0% projected in June
08/27/2026
Retail lien fees have been cut from 0.25% to 0.125%, a 50% reduction for retail clients transacting below N100 million.
08/26/2026
Newsmen report that Awgu is one of the Local Government Areas in Enugu State.
08/24/2026
Cloud computing is becoming a particularly important part of that equation.
08/20/2026
In the presentation, the Commission contextualised the recent Constitutional Court ruling that cleared most of the accused banking groups from the investigation, including major local banks.
08/20/2026
A Ugandan court has ordered tycoon Patrick Bitature to pay a consultancy about Shs954 million ($256,136), plus interest, over two stalled property projects.
08/19/2026
The bank reported that total operational risk losses rose to R369 million for the six months ended 30 June 2026, from R240 million during the same period in 2025.