News
Nigeria: MTN to sell 575 million shares to retail investors at N169/share
MTN Nigeria has revealed that it will commence the widely anticipated public offer of its 575 million shares from today being the 1st ...
Nigeria
Nigeria: FCCPC says joint committee has commenced investigations of money lending fintechs
The Federal Competition and Consumer Protection Commission (FCCPC) says the joint regulatory and enforcement committee to probe rights violation and unfair practices in ...
News
Nigeria: Fidelity Bank appoints new Independent Non-Executive Director
Fidelity Bank Plc has announced the appointment of Mrs. Morohunke Adenike Bammeke, as an Independent Non-executive Director of the bank, with effect from ...
Innovation
Nigeria: CBN deploys Electronic Non-Commercial Export forms for exports
The Central Bank of Nigeria, CBN, said it has deployed electronic Non-Commercial Exports, NCX, forms to replace hardcopy NCX. The apex bank also said ...
News
Nigeria: Telcos Seek Regulator’s Intervention to Address Industry Issues
Telecommunications operators (Telcos), which include Value Added Service (VAS) providers, have stressed the need for the Nigerian Communications Commission (NCC), the telecoms industry ...
News
Nigeria: NAICOM set to implement IFRS17 From Jan 2023
The National Insurance Commission (NAICOM) has said that it would not go back on the proposed implementation of International Financial Reporting Standard (IFRS17) ...
Ethopia
Ethiopia: NBE approves Amhara Bank’s seasoned VPs
National Bank of Ethiopia (NBE) approves the assignment of five vice presidents (VPs) as per the request from the under formation huge financial ...
Innovation
Tanzania Announces Own Central Bank Digital Currency (CBDC) amid Plans to issue Crypto Regulations
Tanzania’s central bank has announced intentions to launch its central bank digital currency (CBDC) amid the global rise and the increasing adoption of ...
Innovation
Nigeria: NDIC to Adopt Risk-based Approach in Determining Banks’ Premium
The Nigeria Deposit Insurance Corporation (NDIC) said it was reviewing its approach for determining the premium by banks to its Deposit Insurance Fund ...
Kenya
Kenya: CBK retains base lending rate at 7%
The Central Bank of Kenya (CBK) on Monday retained the base lending rate at 7 percent for the eleventh time in a row ...