Bank & Finance

Jun 16, 2018
Barclays Africa Group Ltd. may halve the number of top jobs at its South African retail and business bank as it reorganizes after its British parent cut its stake, according…
Jun 13, 2018
The Federal High Court, Abuja has stopped the trial of the National Commandant, Peace Corps of Nigeria, Mr. Dickson Akor in the case preferred against him by the Nigerian Police…
Jun 13, 2018
Foreign exchange, forex, sales by the Central Bank of Nigeria (CBN) was dominated in 2017 by Forwards contracts which accounted for $11.2 billion or 70 percent of total sales. Unlike…
Jun 13, 2018
Kester Kenn Klomegah based in Moscow Experts on regional strategic policy have urged BRICS member countries to step up efforts towards setting up its own credit rating agency as an…
Jun 11, 2018
Transnet squandered billions of rands and broke a raft of regulations when it altered the terms of a deal to buy 1 064 new locomotives, an investigation by law firm…
Jun 08, 2018
Three officials from the SA Revenue Service were offered a bribe of US$30 000 - about R390 000 - by a passenger they had apprehended at OR Tambo International Airport…
Jun 07, 2018
The recent blip in the foreign exchange market that saw a slight depreciation of the cedi against the dollar is short-term and a reflection of a spill over from external…
Jun 02, 2018
Payments firm Visa Inc said its systems are operating at "close to normal levels" and the earlier issue affecting users in Europe was "result of a hardware failure". "We have…
May 30, 2018
As retail banks grapple with rapidly advancing technology, higher customer expectations, and tighter regulation, they must redouble efforts to personalize their product and service offerings if they hope to position…
May 22, 2018
Ever wondered what cryptocurrency mining is, how it works and what you need to get started? This guide will teach you everything you need to know about mining cryptocurrency.   Read…
May 11, 2018
Ghana sold $2 billion worth of dual-tranche Eurobonds with 10- and 30-year maturities on Thursday and it will pay issuer-desired yields, government and transaction sources said. The West African sovereign…
May 03, 2018
The World Bank said on Thursday it had given Kenya a $1 billion concessional loan for energy, transport and water infrastructure projects in poorer regions in its north and northeast.…
Apr 26, 2018
Insurance Regulatory Authority (IRA) has granted United Bank of Africa (UBA) a license to start Bancassurance. UBA becomes the 10th Bank to be granted license to operate Bancassurance which IRA’s…
Apr 24, 2018
The growth in mobile money services has created new opportunities for merchants to sell their products and services. One of these is the fast-growing sports betting sector which has taken…

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