Bank & Finance

Jan 16, 2020
Standard Bank, Africa’s largest banking group by assets, is partnering with the UK Government to sponsor the inaugural UK-Africa Investment Summit, which will be held in London on January 20,…
Jan 16, 2020
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged the Best Foreign Exchange Provider in Nigeria at the Global Finance World’s Best Foreign Exchange Provider Awards.…
Jan 16, 2020
The National Lottery Regulatory Commission has banned the operation, promotion, sale of tickets, and offer to the public of any and all unapproved foreign lottery. The Commission’s Director General, Lanre…
Jan 15, 2020
Nigerian banking group Access Bank just created a subsidiary in Cameroon. With an initial capital of about XAF14.5 billion, the new subsidiary’s headquarters will be in Douala, Cameroon’s economic capital.…
Jan 13, 2020
The Government of Liberia will no longer pursue criminal charges against Crane Currency and has, in fact, said the company was honest in its dealings with the Central Bank of…
Jan 12, 2020
The rate at which the consuming public borrows money to meet domestic needs and other personal financial obligations may take a plunge this year, a recent survey by the Central…
Jan 11, 2020
Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 billion for practitioners in different value chains of Agriculture within the next…
Jan 10, 2020
Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 billion for practitioners in different value chains of Agriculture within the next…
Jan 08, 2020
Ecobank Nigeria has complied with the Central Bank of Nigeria’s recent directive on the reduction of bank charges. The bank commended the CBN for taking bold steps to further strengthen…
Jan 07, 2020
South Africa has significantly more financial crime than most other countries. With a rate of 77% compared to a global average of 49%, SA is something of a hotbed for fraud…
Jan 04, 2020
Major Chinese stock indices on Friday ended mixed, with the benchmark Shanghai Composite Index down 0.05 per cent, at 3,083.79 points. The Shenzhen Component Index closed 0.17 per cent higher…
Jan 03, 2020
Data obtained from the Nigerian Interbank Settlement System (NIBSS) show that the volume of transactions executed by bank customers in the country reached 1.65 million on New Year’s day. According…
Jan 03, 2020
The total amount of money spent by the Federal Government, through the Nigerian National Petroleum Corporation (NNPC) on subsidising Premium Motor Spirit in December 2019, stood at N55.58 billion, data…
Dec 31, 2019
Nigeria’s Federal Government has justified the nation’s debt profile put at $83.883 billion, saying there is no cause for alarm as the country has a debt ceiling of 25% in…
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