Ghana
Banks wrote off ¢2.086bn as bad debt in 2021 – BoG
Banks operating in Ghana wrote off ¢2.086 billion as bad debt in 2021, a 4.7% decline over the previous year, the Domestic Money ...
Nigeria
Digital economy to generate more revenue than oil — 4DG
Nigeria as a nation will soon reach the stage where the digital economy will generate more revenue than oil, Director General of the ...
News
Nigeria: CBN Opposes Fresh Anti-Money Laundering Laws
The Central Bank of Nigeria (CBN) on Thursday kicked against the plan by the Senate to enact new anti-money laundering laws without required ...
News
Nigeria: Nigeria’s GDP expands further by 3.98% in Q4 2021
Nigeria’s Gross Domestic Product (GDP) grew by 3.98% year-on-year in real terms in the fourth quarter of 2021, indicating a sustained positive growth ...
Ghana
Ghana: 7 state entities shortlisted to list on Ghana Stock Exchange
Deputy Managing Director of Ghana Stock Exchange, Abena Amoah, has said about 7 state-owned institutions have been shortlisted for this year’s listing on ...
Kenya
Kenya: Cellulant Receives Approval for PSSP Operations in Kenya
Central Bank of Kenya has granted Cellulant a Payment Service Provider authorisation in Kenya, enabling the company to expand its payments offering for ...
News
Nigeria: Bank loans to private sector rise by N5.1tn, hit N36.7tn – CBN report
Between January and December 2021, the Nigerian banking sector’s credit to the private sector rose by N5.1tn or 16.67 per cent, according to ...
Africa
Africa: Standard Bank Ranked as Africa’s Most Valuable Banking Brand
Stanbic Bank’s parent company, Standard Bank Group, has emerged as the most valuable banking brand on the African continent for 2022 in Brand ...
News
Nigeria: Lagos introduces new residents’ card, used for payment services, loan applications, others
The Lagos State Government has announced the introduction of a new resident card with multipurpose functions for residents. The new card which is ...
Ghana
Ghana: Ghana Stock Exchange to establish credit rating agencies in Ghana by June
The Ghana Stock Exchange (GSE) will, by the middle of this year, establish credit rating agencies in Ghana. The agencies are expected to ...
