Bank & Finance

Jan 08, 2019
Mobile money transactions have increased by about 177 per cent between 2013 and March 2018, reaching GH¢312. 93 million and valued at GH¢52.35 billion transactions in March this year, Dr…
Jan 07, 2019
The Nigerian Interbank Settlement System (NIBSS) has said that Nigeria’s electronic payment (e-payment) services recorded transactions worth N56.85 trillion from January to September 2018.   This is contained in a…
Jan 05, 2019
There are now 23 universal banks operating in Ghana, following the recapitalisation exercise that ended at the close of business on 31st December 2018, the Bank of Ghana has announced.…
Jan 04, 2019
The International Monetary Fund (IMF) has put Nigeria’s debt at 34 percent of the country’s Gross Domestic Product (GDP).   The Fund revealed this in a new data it released…
Jan 03, 2019
Beginning Tuesday, customers of Access Bank Plc and Diamond Bank Plc will have free access to 3,100 Automated Teller Machines (ATMs) for seamless banking services.   This revelation is contained…
Dec 29, 2018
The Central Bank of Nigeria (CBN) has said it would henceforth sanction banks who fail to adhere to its orders on customers complaints resolution.   The CBN stated this in…
Dec 28, 2018
The Central Bank of Nigeria (CBN) on Thursday intervened in the inter-bank sector of the foreign exchange market with a $210 million boost to the wholesale and other segments of…
Dec 24, 2018
Bankers Warehouse in Nigeria said the two persons arrested by EFCC with $2.8m cash in suitcases were not money launderers Bankers Warehouse Limited has asked the Economic and Financial Crimes…
Dec 24, 2018
Bankers Warehouse in Nigeria said the two persons arrested by EFCC with $2.8m cash in suitcases were not money launderers Bankers Warehouse Limited has asked the Economic and Financial Crimes…
Dec 22, 2018
Unsealed suitcase in the hands of Swiss authorities may provide a lot of details on the Malabu oil scandal Above Dan Etete: Minister of oil at the time of the…
Dec 20, 2018
Figures released by the Central Bank of Nigeria (CBN) have shown that Nigeria’s foreign reserves rose by $1.518bn from $41.523bn on November 22 to $43.041bn as of December 17.  …
Dec 20, 2018
Nigeria’s President, Muhammadu Buhari on Wednesday gave an overview of the implementation of the N9.12 trillion 2018 budget, saying 67 per cent performance had so far been recorded by Ministries,…
Dec 18, 2018
The World Bank, in a report, has listed Nigeria as the highest destination of remittances from the United Kingdom.   According to the bank, Nigerians in the UK emerged the…
Dec 19, 2018
The federal government of Nigeria says the 36 state governments and the Federal Capital Territory (FCT) will soon access World Bank’s $750 million grant.   The Minister of Finance, Zainab…
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