Bank & Finance

Dec 09, 2019
  Last month Benin president Patrice Talon shook the establishment table of France-Africa relations when he said in an interview the Francophone nations in West Africa want take more control over their…
Dec 09, 2019
Ghana’s cedi is headed for its 25th straight year of depreciation against the dollar as the government’s fiscal challenges erode investor confidence in the currency of the world’s second-biggest cocoa…
Dec 07, 2019
Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. This…
Dec 06, 2019
The world’s largest commodities trader, Glencore Plc is being investigated for bribery by the UK Serious Fraud Office. The new probe comes as the company is already under investigation by…
Dec 05, 2019
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged as the financial institution that attracted the highest amount of capital investment in the third quarter of…
Nov 28, 2019
The N50 stamp duty charges on electronic payments in the country have been reviewed by the Federal Government. This coming after the charges received backlash from Nigerians and industry stakeholders.…
Nov 27, 2019
Rising from its Monetary Policy Committee (MPC) session this afternoon, the Central Bank of Nigeria (CBN) announced its retention of the Monetary Policy Rate (MPR) at 13.5%. The MPR, which…
Nov 26, 2019
The proposal of eight West African nations to withdraw their currency reserves from the French central bank, has evoked a spate of reactions. While it has been largely hailed in…
Nov 25, 2019
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has been named amongst the top 100 banks utilizing social media globally. The Top 100 list recently released by…
Nov 20, 2019
Interswitch Group has been recognized as the inaugural winner of the Linkedin Sub-Saharan Africa Rising Star award at the 2019 edition of the Linkedin Talent Awards hosted in Johannesburg, South…
Nov 20, 2019
Verve, a leading payments technology and card business in Africa, held a first transaction event today in Dubai, United Arab Emirates. Verve Global cardholders can now use their cards on…
Nov 19, 2019
A Federal High Court in Lagos has ordered all Nigerian banks not to honour any Mastercard transaction that has the logo of the National Identity Card Management Commission (NIMC) on…
Nov 18, 2019
Nigerian businesswoman Temie Giwa-Tubosun, founder and CEO, LifeBank has won the first place prize of $250,000 at the first Jack Ma Foundation annual Africa Netpreneur Prize Initiative (ANPI), which held…
Nov 13, 2019
The European Investment Bank on Tuesday formally agreed to support the membership expansion of the African Trade Insurance Agency (ATI) with a concessional financing facility to cover the shareholding of…
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