November 12
Nigeria: Lotus Bank Meets CBN's Minimum Capital Requirement
Vanguard
Lotus Bank Limited, a Nigerian non-interest bank, has said that it has met the Central Bank of Nigeria, CBN's, minimum capital requirement even before the apex bank raised the new… Read more »
November 11
Zambia: IMF Reaches Staff-Level Agreement On the Fourth Review of the Extended Credit Facility With Zambia [document]
IMF
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of… Read more »
Nigeria: Access Bank Partners With Rean to Drive Renewable Energy Initiatives
This Day
Nume Ekeghe Read more »
Nigeria: Cornerstone Insurance Pays N3.8bn Claims in 2024
Daily Trust
Cornerstone Insurance Plc says it has settled all documented outstanding claims to its customers amounting to N3.82billion as at October 2024, adding that its total assets is… Read more »
November 10
Sudan: Central Bank of Sudan Issues New 1,000 Pound Note
Dabanga
The Central Bank of Sudan (CBoS) yesterday announced the issuance of a new banknote of SDG1,000 as part of the bank's efforts to modernise the currency and improve the security… Read more »
November 08
South Africa: Sassa Gold Cards Will Remain Valid, Says Postbank, As Deadline Looms
GroundUp
Replacement with the new Postbank Black Card has begun in KwaZulu-Natal, Gauteng, the Northern Cape and North West Read more »
Nigeria: Cardoso Showcases 1-Year Achievements, Commits to $1 Billion Remittance Target
This Day
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has outlined critical milestones in the bank's ongoing economic reform agenda, including a new target to… Read more »
Nigeria: How Bank's Recapitalization 'Ll Boost Lending to Real Estate - Expert
Daily Trust
A real estate expert and Chief Executive Officer (CEO) of Manroe Realty Limited, a real estate company, Dr. John Edumoh has stated that the current drive by the Central Bank of… Read more »
Liberia: AfDB Project Affected Residents Receive Resettlement Package in Maryland
Liberian Observer
Residents affected by the ongoing African Development Bank (AfDB) US$15 million bridge construction and joint border post initiative between Liberia and Côte d'Ivoire have… Read more »
November 07
Ethiopia: NBE Mandates Adoption of Standardized QR Codes for Digital Payments
Addis Standard
The National Bank of Ethiopia (NBE) has announced a directive mandating all payment service providers to adopt standardized QR codes for digital payments, effective 01 December,… Read more »
November 06
Nigeria: H1 - Banks' Average NPL Ratio Maintains Downward Slide Despite Inflation, Interest Rate
This Day
As against the prediction by leading ratings agency, Fitch that Nigerian banks' Non-Performing Loan (NPL) will increase in 2024, a total of 10 leading banks beat the odds in the… Read more »
Nigeria: Sanwo-Olu, Others Emerge Winners of 2024 Almond Insurance Awards
This Day
Organisers of the 2024 Almond Insurance Industry Awards have announced winners of this years various categories of the award which took place recently in Lagos, saying Governor… Read more »
Nigeria: Lotus Bank Grows Balance Sheet to N350bn in 3 Years
Daily Trust
Lotus Bank yesterday gave an account of its performance three years after starting operating as a national Non-Interest Bank (NIB), saying its balance sheet grew from N30bn at the… Read more »
November 05
Nigeria: Leadway Assurance Emerges Insurance Company of the Year
Vanguard
Leadway Assurance has reaffirmed its leadership position as the company emerged Insurance Company of the Year at the 2024 Businessday Banks and Other Financial Institutions (BAFI)… Read more »
Nigeria: Polaris Bank Named Best Bank for Msmes
This Day
Polaris Bank has been adjudged as the "Best Bank for MSMEs" for the third consecutive year, firmly securing its competitive edge as the leading bank for micro, small and medium… Read more »
Gambia: Corruption Case Witness Says Over D4m Was Deposited At Central Bank
The Point
The tenth prosecution witness in the case involving three government health officials has stated that four million four hundred and eighty-two thousand dalasis was deposited in… Read more »
Nigeria: Polaris Bank Wins Best Bank for Msme Award
Daily Trust
Polaris Bank, Nigeria's leading digital retail commercial bank, has been adjudged as the "Best Bank for MSMEs" for the third consecutive year, firmly securing its competitive edge… Read more »
November 04
Ghana: CBG Bridges Digital Gap With Computer Donation
Ghanaian Times
Consolidated Bank Ghana Ltd. (CBG) has donated 30 desktop computers to three junior high schools in Agona. Read more »
Nigeria: Nigeria's Top Bank Stocks Set for Gains Amid High Interest Rates
Daba Finance
TLDR Read more »
Cote d'Ivoire: Ecobank Ivorian Unit Reports 6 Percent Growth in Nine-Month Profit
Daba Finance
TLDR Read more »
Nigeria: Cash Scarcity Hits Kano
Daily Trust
Residents and Point of Sale (POS) operators in Kano State are lamenting over cash scarcity in the state. Read more »
Nigeria: Rights Issue - FBN Holdings to Invest N103.1bn in Corporate, Retail Business Segments
Vanguard
The management of FBN Holdings has budgeted an estimated N103.1 billion for its corporate business and retail business lending segments of the market, following its plan to raise… Read more »
Nigeria: Chairman Parallex Bank, Adeola Phillips Bags Cibn's Award
This Day
Influential leader and Chairman of the Board of Directors at Parallex Bank, Dr. Adeola Adejoke Phillips, has been honored with the distinguished title of Honorary Senior Member by… Read more »
Nigeria: Wema Bank's Alat Xplore - Pioneering Financial Literacy With Nigeria's 1st Teen Banking App
This Day
Oluchi Chibuzor writes on Wema Bank's ALAT Xplore App, Nigeria's first licensed banking App tailored specifically to teenagers ages 13 to 17 Read more »
Nigeria: Afreximbank, Woodhall Sign $25m Facility to Support Export Businesses
This Day
Nume Ekeghe Read more »
