May 16

• Continent Must Diversify to Create More Jobs - Okonjo-Iweala [interview]

  IMF

  Arican countries should rebuild their fiscal buffers and diversify their economies away from commodities in order to protect themselves from another possible global downturn, says... Read more »

• Reports Say Gbagbo has Money in Bank Accounts [press release]

  U.S. Embassy Abidjan

  Le Nouveau Reveil (p. 1) carries a prominent story alleging that "more than 700 million FCFA (about US $1.3 million) has been discovered in a bank account belonging to Gbagbo."... Read more »

• CBN Gives Deadline On Clearing Instruments

  Daily Trust

  The Central Bank of Nigeria (CBN) has given June 1 deadline to disallow personal and corporate cheques and drafts that do not display the new 10 digits Nigeria Uniform Bank Account... Read more »

• Banks' Consolidation Crashed Capital Market - Soludo

  Leadership

  The former governor of the Central Bank of Nigeria (CBN), Prof Chukwuma Soludo yesterday admitted that the stock market crash was a direct fallout of the consolidation of the... Read more »

• MPs Accuse Githae of Protecting Banks

  The Star

  MPs yesterday accused Finance Minister Njeru Githae of protecting several banks which have allegedly been violating the Banking Act in their operations. MPs were angered by the... Read more »

• Skye Bank Promises Enhanced Returns to Shareholders

  This Day

  Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Kehinde Durosinmi-Etti, has stated that he and other members of the management team will continue to ensure adequate... Read more »

• Ecobank Chiefs Skip Court's Forgery Hearing

  The Star

  TWO Ecobank directors facing allegations of forgery yesterday failed to appear in court. The bank, however, indicated that they were negotiating over the issue. Through their... Read more »

• German Bank Funds Kisumu Model Schools

  The Star

  The German Development Bank has funded the construction of model schools in Kisumu city and other urban areas as a poverty reduction strategy in the country. Speaking during a tour... Read more »

• Venture Capital Trust Fund Secures Funding From Rockefeller

  Accra Mail

  The Venture Capital Trust Fund has secured a one million dollar grant from Rockefeller Foundation to promote Impact Investments in Ghana. The concept is aimed at promoting... Read more »

• HFC Bank Presents House to Final Winner of Homesave Promo

  Accra Mail

  HFC Bank (Gh) Ltd has handed over a two-bedroom detached house to Ms. Adelaide Larissa Boye, for emerging the grand prize winner of the 2010 HFC Bank Homesave promotion. Ms. Boye,... Read more »

• Future of UT Bank Bright

  Accra Mail

  Mr. Prince Amoabeng, Chief Executive Officer of UT Bank has assured the Bank's customers and shareholders that the Bank is on course to achieving its vision of redefining banking.... Read more »

• Two Female Public Servants Resign As GCB Board Members

  Accra Mail

  Ghana Commercial Bank, GCB is yet to find replacements for two of its female board members who resigned last month. Read more »

• Standard Bank Records Increase in Assets

  New Era

  Standard Bank Namibia's total assets have increased from N$14 billion to N$16 billion, representing an increase of 13 per cent. Read more »

• Sterling Bank Gross Hits N45.2 Billion in 2011

  Daily Trust

  Gross earnings of Sterling Bank Plc in 2011 improved by 49 percent to close at N45.2 billion as against N30.4 billion it recorded in 2010, the Chief Executive Officer, Mr. Yemi... Read more »

• Skye Bank Oil Loans Exposure Hits U.S.$1 Billion

  Daily Trust

  The Managing Director of Skye Bank Plc Duro Simi-Etti said yesterday that the bank's loans exposure to the oil and gas sector rose to $1 billion (about N159 billion) within the... Read more »

• Ecobank Launches Electronic Platform

  Daily Trust

  Ecobank has unveiled 'Omni' an innovative and integrated electronic platform for its corporate and institutional customers. Read more »

• EFCC Arraigns Wonder Bank Operator

  Daily Trust

  The Economic and Financial Crimes Commission (EFCC) yesterday arraigned one Eronini Iwunze before Justice G.U Umar of the Federal High Court, sitting in Umuahia, for operating a... Read more »

• NSIC Enlightens GSSS On Importance of Insurance Club

  Daily Observer

  The National Students Insurance Club (NSIC) Friday lectured Gambia Senior Secondary School (GSSS) students on the importance of insurance club in their school at a briefing held at... Read more »

• Barclays Boss Calls for Mining Tax Revision

  Times of Zambia

  BARCLAYS Bank Zambia managing director Saviour Chibiya has said the mining tax concessions enjoyed by the large-scale mining companies in the country should be revisited in order... Read more »

• Dalmas Defends NHIF Scheme Even As Clinics Are Barred

  Capital FM

  The newly appointed National Hospital Insurance Fund (NHIF) Caretaker Committee has suspended transactions with Clinix and Meridian health facilities over the controversial Sh4.3... Read more »

• MBCA Chief Teller Allegedly Swindles Bank of U.S.$50 000

  The Herald

  A FORMER MBCA Bank chief teller yesterday appeared in court on allegations of swindling the bank of more than US$50 000. Read more »

• Standard Bank Reports 24 Per Cent Growth in Profit

  Namibian

  Standard Bank Namibia managing director Mpumzi Pupuma and chief financial officer Bryan Mandy with a copy of the bank's latest annual financial results. Read more »

• 'Robbers Used Rocket Launcher in Delta Attack'

  This Day

  An intimidating dimension may have been introduced to armed robbery in the country as more facts emerged Tuesday on Monday's robbery attack in Delta North Senatorial District where... Read more »

• 'How Omatek Ventures Survived Banking Crisis'

  This Day

  The Group Managing Director of Omatek Ventures Plc, Mrs. Florence Seriki , has said the only the computer firm listed on the Nigerian Stock Exchange (NSE), survived the recently... Read more »

• MFBs Brace for IFRs Implementation

  This Day

  As part of efforts to ensure that they smoothly migrate to the International Financial Reporting Standards (IFRS), Microfinance Banks (MFBs) in Lagos State had embarked on capacity... Read more »