Governor of the Central Bank, CBN, Mr. Lamido Sanusi, has vowed that there will be no respite for banks on corporate governance, insisting that this will help rid the industry of criminals.
Some banks in Nigeria have been bouncing their drafts, thus, creating lack of confidence in the payment system, the Central Bank of Nigeria (CBN) said yesterday.
A MAJOR political battle between Zanu PF and the main MDC wing which could further destabilise the already unstable inclusive government is looming in parliament over the contentious Reserve Bank of Zimbabwe Amendment Bill. The fight, coming at a time when the power struggle within the coalition government is intensifying necessitating the current regional diplomatic intervention, could fuel ...
The ANC proposed national health insurance (NHI) as seen through the ideological lense by Jasson Urbach of the Free Market Foundation in the Sowetan of 21 October 2009, which he labels a "threat to health," is nothing but a scare tactic designed to persuade the public and policy makers to abandon the idea of implementing it.
The banking crisis which gripped Nigeria should not be seen from an isolated perspective. Now more than ever the Central Bank of the Gambia should do a comprehensive study of what happened in Nigeria with a view to developing its supervisory role.
An International Monetary Fund (IMF) mission led by David Dunn is currently in The Gambia on a working visit to assess the economic performance as at end-September the sixth and final review of The Gambia's three-year programme under the Poverty Reduction and Growth Facility (PRGF).
As preparation for the Beijing Plus15 Banjul meeting gets to an advanced stage, samaritans from all sectors of society are coming on board to be part of this rare historic event with donations in cash or kind.
GOVERNMENT has signed agreements with various banks to accept offer letters as collateral to assist farmers with finance to ensure that the farming season is successful.
UNION Bank appears to be on its way out of the woods, according to indications.
THE Central Bank, CBN, yesterday, raised an alarm on rising cases of fraud in the nation's financial institutions even as it granted the request of shareholders of Equatorial Trust Bank Limited to recapitalise the bank, following a proposal by the bank's shareholders to the apex bank.
The Arab Bank for Economic Development in Africa (BADEA) has disbursed $10 million to help in the electrification of some of the country's rural areas, State Minister for Energy Albert Butare has said.
Ghana stands the risk of being blacklisted by the Organisation for Economic Co-operation and Development (OECD) if the country throws caution to the wind and adopts a financial regime which has all the characteristics of a tax haven arising out of moves to become a full-scale Offshore Financial Centre.
The Central Bank of Nigeria (CBN) is working on a plan to make banks report suspicious cash transactions by politically exposed persons (PEPs).
Human Sciences Research Council CEO Olive Shisana will chair the government's new advisory committee on national health insurance (NHI), Health Minister Aaron Motsoaledi announced yesterday. She will head a 25-member body charged with advising the minister on policy, legislation and implementation of NHI.
The first African Water Week was organized by the AfDB jointly with the African Ministers's Council on Water (AMCOW) and held in March 2008, in Tunis. Having gathered more than 500 participants, the event was considered as a tremendous success. One of the main outcomes was a Ministerial Declaration on Accelerating Water Security for Africa's Socio-Economic Development.
