Nigeria's banks are facing the challenge of not having sufficient operating capital with which to function, says a Fitch Ratings report. Read more »
Erastus Akingbola has been found guilty by a London Court of corruption and ordered to pay back money defrauded from Access Bank. Read more »
Fitch Ratings has raised fresh crisis alert that the recent rapid credit growth in the Nigerian banking sector might give rise to weakened asset quality and higher impairment ... Read more »
While steps are being taken to respond to rising cyber crime, which is now among the world's fastest growing crimes, numerous factors indicate that the risk of falling victim has ... Read more »
The African Development Bank Group has so far made project approvals of approximately U.S.$3.45 billion for African countries during the year 2012. Read more »
Chedly Ayari has been appointed as the new Governor of Tunisia's Central Bank. Read more »
The International Monetary Fund has approved a U.S.$156.2 million loan providing for a new three-year credit facility plan that will address structural reforms to spur growth, ... Read more »
In a surprise move, the Reserve Bank's monetary policy committee has decided to drop the interest rate at which banks lend and borrow among each other, by 50 basis points to five ... Read more »
Mustapha Kamel Nabli has been relieved of his duties as the governor of Tunisia's Central Bank after losing National Constituent Assembly votes. Read more »
The Central Bank of Nigeria has increased the number of point of sale terminals in Lagos to promote its cashless economy policy. Read more »
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