News
Nigeria: CBN’ll boost local production with agric initiatives, says Emefiele
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has expressed satisfaction with what he described as the high interest of Nigerians in ...
News
Nigeria: Nigerian banks’ hidden costs hindering financial inclusion — Report
The report says the cost of financial services remains a major barrier to access for price-sensitive consumers, especially within marginalised, vulnerable, and lower-income ...
News
Nigeria: CBN says banks’ non-performing loans hit the lowest in 10 years
The Central Bank of Nigeria (CBN) stated that commercial banks’ non-performing loans (NPLs) levels in Nigeria fell below 5% to 4.94% at the ...
Kenya
Kenya: CBK lifts freeze on loan prices after IMF notice
The Central Bank of Kenya has begun approving lenders’ applications to increase the cost of loans based on customer risks, setting the stage ...
Africa
Africa: Google Pledges $1-Million to Support Women Entrepreneurs in Africa
Google today announced that its philanthropic arm, Google.org, is committing $1-million (R15.3 million) in charitable funding to support programs helping women entrepreneurs to ...
News
Nigeria: FIRS Offers Concession to Taxpayers with Outstanding FCY Tax Liabilities
Taxpayers who have outstanding foreign currency (FCY) tax liabilities can now take advantage of the Federal Inland Revenue Service (FIRS) one-month window to ...
Kenya
Kenya: Kenyan Startup Named Winner of Global FinTech Competition
The Massachusetts Institute of Technology’s (MIT) FinTech Conference has named Kenyan startup, Money254, as the grand prize winner of their 2022 FinTech Startup ...
News
Nigeria: Banks Cut Borrowing From CBN By 47%
Banks’ borrowing from the Central Bank of Nigeria, CBN, fell for the second consecutive month in February, by 47 percent to N666 billion, ...
Africa
Ivory Coast: Bantoo – a new innovative digital platform is launched for the growing Afro-Caribbean market
Bantoo is a unique 360-degree solution bringing together social media and communication tools with holistic entertainment Top African and Caribbean influencers and entrepreneurs ...
Africa
United Bank for Africa Plc reports profit of N119 billion in 2021
United Bank for Africa (UBA) Plc has released its Full-year financial result, which revealed a profit of N118.68 billion in 2021. This reflects ...
