Consolidated Hallmark Insurance Plc (CHI Plc), has recorded a revenue of N5.4 billion, and a profit of tax (PAT) of N422 million for the nine months...
Central Bank of Kenya (CBK) governor Patrick Njoroge. FILE PHOTO | NMG Five banks used in handling stolen National Youth Service (NYS) funds have failed...
The Central Bank of Nigeria (CBN) has projected that electronic fraud loses in the country’s banking system would reach N6.1 trillion by 2021. CBN Director of...
To further encourage e-payments, Pan-African financial services group, United Bank for Africa (UBA), has announced that it will reward 25 lucky customers with N100,000 each, for...
Afriexim headquarters. Twitter photo Mr Amr Kamel, the Executive Vice President, Business Development and Corporate Banking in African Export-Import Bank (Afreximbank), has charged the media...
The African Development Bank (AfDB), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) , African Trade Insurance Agency (ATI) and GuarantCo, have entered...
Promoters seeking licence to operate Mortgage Guarantee Companies (MGC) recently introduced by the Central Bank of Nigeria (CBN) should have a minimum capital of N6 billion,...
The United Bank for Africa Plc has announced its unaudited 2018 Third Quarter Financial Results with impressive growth in Gross Earnings of N374.8 billion. The performance...
Senator Gbenga Ashafa moves the motion to stop banks from slamming excessive charges on ATM cards.(NAN) The Nigerian Senate on Wednesday passed a resolution calling...
Muiz Banire: confirmed as AMCON chair by senate.(Photo:NAN) The Nigerian Senate on Wednesday confirmed the appointments of Folashodun Adebisi Shonubi as deputy governor of Central...
A bank employee counts U.S. Dollar notes – REUTERS CAIRO – 8 October 2018: The exchange rate of the US dollar was stable during morning...
Polaris Bank has taken over the assets and liabilities of Skye Bank, the Central Bank of Nigeria said today. Consequently, the CBN has revoked the operating...
JOHANNESBURG – Opportunity beckons in Africa as markets mature, incomes grow and trust in financial services increases. This is driving the need for bespoke wealth management...
CAIRO – 17 September 2018: The exchange rate of the US dollar was relatively stable during transactions on Monday at major banks. The dollar exchange rate...
CAIRO – 17 September 2018: The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, issued LE 3.5 billion ($195.15 million) in treasury...
CAIRO – Minister of Trade and Industry Amr Nassar on Wednesday had talks with a delegation from the African Export-Import Bank (Afreximbank) on current projects carried...
Ecobank Nigeria has launched the Emerald Ecobank Business Club, which aims at widening opportunities for Small and Medium Enterprises (SMEs) through the creation of direct links...
The Central Bank of Kenya on Wednesday penalised five banks in the East African nation for facilitating the transfer of money looted from the National Youth...
To make good its sanction, the Central Bank of Nigeria (CBN), has finally deducted about N1.886 billion from the account of Stanbic IBTC Plc, for funds...
DURBAN – FirstRand is anticipating tougher trading conditions in South Africa as the country entered a technical recession, but the group remains confident that its diversified...
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