Ghana
First National Bank appoints first Ghanaian CEO
First National Bank Ghana has announced the appointment of Dominic Adu as its first Ghanaian Chief Executive Officer, effective Wednesday July 01, 2020. ...
Nigeria
Banks besiege CBN for loans as scarcity of funds intensifies
The interbank money market has been gripped with intense scarcity of funds as amount of idle cash (liquidity) in the market fell by ...
Nigeria
Fitch says Nigerian banks have a risk indicator of 12.14, explains why
A new report by Fitch Solutions titled “Nigeria: Banking & Financial Services Report Q3 2020” has revealed that the Banking Industry Risk Indicator ...
South Africa
MTN SA will launch its 5G network next week
MTN South Africa will take the wraps off its plans for its 5G network next week, becoming the first of the telecommunications group’s ...
Zimbabwe
Zimbabwe government suspends Mobile money transactions
Phone-based mobile money transactions and trading on the Zimbabwe Stock Exchange (ZSE)have been suspended with immediate effect to allow investigations into illegal dealings ...
Regulatory
FRC issues timelines compliance with corporate governance code
The Financial Reporting Council (FRC) has issued timelines for corporate entities to report compliance with the National Code of Corporate Governance (NCCG). The ...
Africa
Tech is Essential in Developing a Flourishing Agriculture Sector in Africa
Africa should be in a great position to feed itself and play a significant role in feeding about nine billion people by 2050. ...
Nigeria
SEC clarifies new rules for mutual funds, sets new deadline for compliance
SEC stated that all the fund managers of collective investment schemes are to comply with the new rules. The Security and Exchange Commission ...
Nigeria
CBN discloses how much has been disbursed from N50 billion COVID-19 intervention fund
The apex bank had announced measures to aid Nigeria’s economy from slipping back into recession. The Central Bank of Nigeria (CBN) has announced ...
Kenya
Kenya: Equity hedges Sh2bn in Kenyan Bank acquisition (DRC Bank)
Equity Group will pay the final Sh2.1 billion for its acquisition of a majority stake in DRC’s Banque Commerciale Du Congo after two ...