08/29/2025
A key highlight of the amendment specifically targets importers, who must now provide a comprehensive set of endorsed documents to support any foreign currency transactions related to their business.
08/27/2025
This move followed concerns raised by the Public Accounts Committee (PAC) of Parliament about financial irregularities, including unearned salaries and overpayment of salaries, as cited in the 2024 Auditor-General’s report.
08/26/2025
The Draft Regulations aim to institutionalise carbon budgeting and mitigation planning for emitters that produce 30,000 tons or more of declared greenhouse gas emissions per year.
08/26/2025
The Nigerian Insurance Industry Reform Act 2025, signed into law, has mandated new capital thresholds for insurance players.
08/21/2025
The tightening of credit comes as companies increasingly require funding to adapt to climate-related challenges and shift towards a low-carbon economy.
08/20/2025
The National Minimum Wage is the lowest remuneration rate that employers are obligated and legally permitted to pay their employees for each ordinary hour worked.
08/20/2025
According to the PenCom’s regulation on investment of pension fund assets, PFAs have guidelines as to where they can invest.
08/18/2025
The findings come from the Bank’s latest Ghana Economic Update, which spotlights the nation’s persistent labour market challenges.
08/15/2025
Nedbank said Bosquet Investments has provided appropriate security to evidence the funding for the purchase consideration.
08/14/2025
According to the data, private sector credit extension (PSCE) increased modestly by 4% y/y to NGN76.1trn in Jun ‘25.
08/14/2025
The governor therefore urged financial institutions to prioritise SME credit as part of a coordinated national recovery effort.
08/13/2025
Specialised teams from the Criminal Security Sector launched an urgent investigation, uncovering a network of suspects who allegedly used advanced electronic devices to breach telecom systems.
08/13/2025
The central bank announced last month that it now prefers inflation to settle at 3%
08/12/2025
This is part of the CBK’s push for cheaper credit in Kenya’s economy
08/08/2025
According to the Governor, the foreign currency supplied by banks to the business community doubled last year
08/08/2025
Membership of Afreximbank, as the lender with a balance sheet of $35 billion is known, would give Africa's most advanced economy access to new trade investment products
08/07/2025
Ratepayers and political parties want to join the action to put residents’ case forward.
08/07/2025
The Governor said the development, while favourable for borrowers, presented structural challenges for financial institutions, especially banks.
08/06/2025
Many European banks are seeking to focus on their core markets, in line with the wider commercial trend of companies in many sectors minimising their risks.
08/05/2025
Major General John Nkoimo, speaking on behalf of Defence Cabinet Secretary Soipan Tuya, issued the caution during the launch of a specialised training programme on countering terrorism financing and money laundering on Monday.