Zimbabwe
Zimbabwe: Banks Record $2 Billion Increase in Profits in 4 Months
THE country’s banking sector’s total profits surged by $2 billion in four months amid overall sound performance of the sector on the back ...
Nigeria
Nigerians to pay VAT for digital services – Finance minister
Nigerians may have to pay more for digital services as the Federal Government has introduced a policy requiring foreign companies that provide digital ...
News
Nigeria: FirstBank Appoints Three New Directors, Seeks CBN Approval
First Bank of Nigeria Limited has announced the appointment of three additional Executive Directors by the Board. The company said in a statement ...
News
IFC plans to invest $3 million in Nigerian tech startups
The International Financial Cooperation (IFC) a sister organization of the World Bank and member of the World Bank Group, plans to invest $3 ...
Kenya
Kenya: Telkom Launches App to Enhance T-Kash Customer Experience
Nairobi — Telkom has introduced the T-kash App, an easy-to-use application that will enable its customers to access a wider service offering on ...
Zimbabwe
Zimbabwe: CBZ Moves to Boost Stake in First Mutual
ZIMBABWE’s largest lender, CBZ Holdings Limited (CBZHL) is seeking shareholder approval in a transaction which, will increase the financier’s stake in First Mutual ...
Ghana
BoG to auction $450m in first quarter of 2022
The Bank of Ghana has announced that it will auction $450 million in the first quarter of this year. According to the Central Bank, the ...
Nigeria
CBN pledges to increase access to finance and credit for households, businesses in 2022
The Central Bank of Nigeria has said that the banking sector will increase access to loans for Nigerian households and businesses in 2022. ...
News
Nigeria: Nigeria’s 95% Digital Literacy by 2030 Plan on Course – NITDA
The Federal Government’s plan to attain 95 per cent digital literacy by 2030 is on course. Mr Kashufu Abdullahi, the Director-General of the ...
Nigeria
Banks’ borrowings from CBN rise 233% to N26.9trn in 2021
Banks’ borrowings from the Central Bank of Nigeria, CBN, rose by 233 per cent, year-on-year, to N26.9 trillion in 2021 reflecting increased reliance on ...