Ignore Unverified Reports That Mobile Money Operator Opay Is Leaving Nigeria and Urging Customers to Withdraw Their Money
Africa Check
Ignore unverified reports that mobile money operator OPay is leaving Nigeria and urging customers to withdraw their money Read more »
End the Negative Narrative, Africa is Thriving - AfDB Chief
allAfrica
The highly-anticipated AllAfrica Media Leaders' Summit (AMLS) is convening in Nairobi, Kenya, to address the urgent need for a thriving and independent media landscape across… Read more »
Understanding Kenya's Regulations On State Officers' Offshore Bank Accounts
Business Day Africa
Did you know that public officers seeking to operate bank accounts outside Kenya are required get clearance from the ethics watchdog in compliance with law? Read more »
IMF Managing Director Kristalina Georgieva Statement to the Financial Community On Zambia [document]
IMF
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Zambia to Members of the Financial Community today: Read more »
AfDB Makes U.S.$15 Million Available to Finance Projects in Angola
ANGOP
The African Development Bank (AfDB) is available to finance public and private projects in different sectors in Angola, with amounts reaching at USD 15 million, ANGOP learned this… Read more »
Sudanese Pound Continues Its Rapid Decline, Banks Expected to Collapse
Dabanga
The Sudanese Pound is continuing its accelerated decline against the foreign currencies since the beginning of this week. Economists expect the imminent collapse of about 25 banks… Read more »
Uganda's Biggest Banks Record Bumper Profits Amidst Industry Turmoil
Independent (Kampala)
Uganda's biggest banks recorded bumper profits in 2023 amidst industry turmoil that forced smaller banks to either divest their shares or voluntarily downgrade to credit… Read more »
CBN Can Collect Customers' Social Media Handles, Court Rules
Leadership
Justice Nnamdi Dimgba of the Federal High Court in Lagos has held that the Central Bank of Nigeria (CBN) is constitutionally empowered to demand and collect the social media… Read more »
CBN, IMF and Future of Development Finance in Nigeria
Daily Trust
When the Central Bank of Nigeria began a massive sack of some of its staff in the Development Finance Department while redeploying others, the message was clear that something was… Read more »
How Tech Is Poised to Transform Banking in Rwanda
New Times
Rwanda's banking industry has over the years been on the journey of embracing technology with many players adopting and integrating new banking systems in their day-to-day… Read more »
CBN Releases List of Licensed Deposit Money Banks in Nigeria
Leadership
The Central Bank of Nigeria (CBN) has published a comprehensive list of licensed Deposit Money Banks operating across the country, providing valuable insights into Nigeria's… Read more »
16 Local Banks Sign Syndicated Foreign Currency Loan Agreement to Finance State Budget
Tunis Afrique Presse
A syndicated foreign currency loan agreement with 16 local banking institutions for a total amount of TND 570 million (€156 million and $16 million) was signed on Thursday… Read more »
Access Bank Upgrades Health Loan for Women
Daily Trust
Access Bank has added more healthcare covering on its women's health loan in a bid to improve the healthcare offerings related to women. Read more »
DIB Bank Kenya Makes First Profit in 7 Years
Capital FM
DIB Bank Kenya, a subsidiary of Dubai Islamic Bank, has posted its first gross profit since launching operations in Kenya in 2017. Read more »
Man Enters Bank With 'Ied', Demands N100m in Plateau
Daily Trust
Kidnappers forced me - Suspects Read more »