News
Nigeria: Titan Trust may Close N13.5b Takeover Bid for Union Bank’s Minority Shareholders
To avoid delisting the first-generation bank from the Nigerian Exchange, Titan Trust Bank Limited may today conclude the application list for a N13.5 ...
Africa
Africa: IMF Makes Case for Better Regulation of African Ecosystem
With the increasing surge in adoption amongst retail and institutional investors, the International Monetary Fund (IMF) has said that there is a need ...
News
Zambia Central Bank Holds Lending Rate at 9%
Zambia’s central bank on Wednesday (November 23, 2022) maintains its key monetary policy, the benchmark lending rate at 9%, for the fourth time ...
News
Nigeria Launches New Naira Notes
Nigerian President Muhammadu Buhari presented a set of new naira notes on Wednesday, saying the design would make them harder to counterfeit and ...
Kenya
Kenya: Equity Bank set to raise interest rates for riskier borrowers from January
Equity Group plans to fully start pricing loans based on the risk profile of borrowers from January, citing recovery from pandemic shocks which ...
Africa
Africa: Three Nigerian innovators, others shortlisted for African award
The three Nigerians are part of a group of 16 African innovators, spanning 10 countries, who will compete for the £25,000 Africa Prize ...
Kenya
Kenya: CBK raises cost of loans to rein in inflation
The Central Bank of Kenya has signalled lenders to raise borrowing costs in a bid to rein in expectations of runaway inflation amid ...
News
SA: Sello Moloko to step down as Telkom chairperson
Respected business leader Sello Moloko has decided to resign from his position as independent non-executive director and chairperson of the board of directors ...
Kenya
Kenya: Treasury overdraft in CBK hits Sh67.33bn as cash crunch bites
The Treasury has increased the use of emergency loan facilities at the central bank to fund critical government expenditures, pointing to biting cash ...
News
Nigeria: We’ll make withdrawal of huge cash unattractive – Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says with the introduction of the redesigned Naira notes, no individual or organisatiin ...