News
Nigeria: Naira Trades at N446, Seasonal FX Demand Stokes Pressure
Amidst pressures in the foreign currency market, the Nigerian local currency, the naira, reclaimed value against the United States (US) dollar at Investors’ ...
Africa
Africa: U.S. to Explore Next Phases of Trade Relationship with Africa
U.S. Trade Representative Katherine Tai said on Monday that her agency is preparing to sign a memorandum of understanding with African Continental Free ...
Africa
Africa: OADC extends Africa’s open digital infrastructure with data centres in Nigeria and South Africa
Africa’s digital transformation is being accelerated by transformational, pan-African, carrier-neutral data centre operator Open Access Data Centres (OADC), whose flagship data centre in ...
News
Nigeria: CBN Estimates $1bn Exports Proceed for Q4
Amidst scarcity of foreign currency inflows into the Nigerian economy, the Central Bank has estimated that export proceeds repatriation from for rebate will ...
News
Nigeria: Active bank accounts in Nigeria is 133.5 million according to NIBSS
The number of active bank accounts in Nigeria increased to 133.5 million in 2021, according to the data released by the Nigeria Inter-Bank ...
Ghana
Ghana: 8 banks engaged in government business may be hard hit by debt exchange program – Report
Reports have noted that some eight banks may be hardest hit by the country’s debt exchange programme. The banks whose names have been ...
Ghana
Ghana: GRA Urges Businesses to Support Implementation of E-VAT Invoicing
The Ghana Revenue Authority (GRA) has appealed to large taxpayers in the Greater Accra Region to support efforts towards the implementation of the ...
Ghana
Ghana: Do not take loans from these 19 institutions – BoG cautions
The Central Bank has cautioned Ghanaians against taking loans from some 19 unlicensed institutions. In a statement on August 22, 2022, it said, ...
News
Nigeria: CBN to sustain dollar sales to banks
The Central Bank of Nigeria(CBN) has said it will continue to sell dollars to banks to enable them support non-oil exports. CBN Governor Godwin Emefiele ...
Nigeria
Nigeria: NAICOM issues revised guideline on Bancassurance
The National Insurance Commission (NAICOM) has rolled out revised guidelines on Bancassurance. According to NAN, the Chairman of the media subcommittee of the Insurance Industry ...