The bill is reportedly likely to reduce credit available and could distort financial markets, and encourage informal lending in the economy. Read more »
The Central Bank of Nigeria has suspended nine banks from trading foreign currency after U.S.$2 billion was not paid to the government. Read more »
First National Bank has unveiled the ConeXis A1, its own branded smartphone powered by Android. Read more »
The 39th ordinary meeting of the Association of African Central Banks has been opened by President Muhammadu Buhari. Read more »
The Central Bank of Kenya has allowed the financier to resume lending to customers and take fixed deposits after four months of waiting. Read more »
Customers will access their money through five branches which will be opened for the first time since October 2015 when the bank went into receivership. Read more »
An analysis by Tope Fasau, published in the Daily Trust, examines the role played by banks and the executives who run them. Read more »
Both the World Bank and the country's Central Bank will provide Kogi with much-needed funding to develop its agriculture and governance sectors. Read more »
The central bank has closed the doors of Skye Bank as its top mananagement structure resigned en masse. Read more »
Activist and pastor Evan Mawarire who was behind a workers stay-away against government's poor service delivery and corruption, claims he survived an abduction attempt by unknown ... Read more »
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