Central Bank of Nigeria (CBN), yesterday, banned banks from any transactions in virtual currencies, saying that the move was necessitated by money laundering and terrorism financing...
United Capital Plc, a leading African investment banking group, has partnered with global financial and corporate institutions to set up a Franco-African Investment Fund (FFA), with...
An important and viable avenue for businesses to generate capital/funds is via bank loans. Today in Nigeria, the measures for granting loans have been tightened due...
Mastercard on Tuesday launched 2KUZE, a digital platform that connects smallholder farmers, agents, buyers and banks in East Africa. 2KUZE, which in Swahili means “Let’s grow...
Hussein Sayed, FXTM Chief Market Strategist comments on U.K. Prime Minister Theresa May’s has no interest in partial departure which suggests we’re heading towards a “Hard...
Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December. According to investigations on Monday, it was indicated that more...
Nigeria Sovereign Investment Authority (NSIA) and GuarantCo have announced the establishment of an infrastructure credit enhancement facility in Nigeria (InfraCredit) conceptualized in 2014. The $200 million...
The African Development Bank has announce the appointment of Mr. Wale Shonibare as the Director – Energy Financial Solutions, Policy and Regulation with effect from 9th...
SWIFT is introducing a proof of concept (POC) to explore whether distributed ledger technology (DLT), also known as blockchain, can be used by banks to improve...
The global share of ATMs located away from bank branches rose to 51 percent in 2015, according to a new RBR report, “Global ATM Market and...