News
Nigeria: Access Bank acquires majority stake in BancABC Botswana
Access Bank Plc has completed the acquisition of a majority stake of 78.15 percent in African Banking Corporation of Botswana Limited , BancABC ...
News
Nigeria: Osinbajo laments CBN’s delayed disbursement of funds for ESP projects
Nigeria’s Vice President Yemi Osinbajo has lamented delays in the disbursement of funds by the Central Bank of Nigeria for critical projects in ...
Global
IMF Warns Stablecoins Could Pose ‘Contagion Risk’ to Global Financial System
A new report by the International Monetary Fund argues for regulations that ensure investors know how stablecoins are backed. In its 2021Â Global Financial ...
News
CBN directs banks to assess loan exposure to different sectors
The Central Bank of Nigeria (CBN) has ordered commercial banks to critically assess their loan exposure to different sub-sectors while continually leveraging technology. ...
Africa
Malawi: NBS Bank Expands Agency Footprint in Financial Inclusion Drive
Leading financial institution in Malawi, NBS Bank has grown its agency banking footprint from 345 agents in 2019 to over 1000 agents currently. ...
Africa
Africell taps Angola Cables to ramp up nationwide internet access
Telecoms operator, Angola Cables has been selected by Africell, the fourth largest mobile operator in the country, to provide wholesale IP transit and connectivity solutions ...
Africa
Standard Bank crowned Africa’s best bank
Standard Bank Group has been named the best bank in Africa in Global Finance’s 28th annual listing of the best banks worldwide. The ...
Global
Court Ruling Threatens 17 Crypto Exchanges in Russia
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their ...
Africa
Liberia: Ecobank Liberia appoints New Chairman of the Board of Directors
Ecobank Liberia has appointed Cllr. T. Negbalee Warner as Chairman of the Board of Directors of the bank. Cllr. Warner has assumed leadership ...
Global
G7 Nations Set to Release Guidelines For CBDC Issuance
The G7 council consisting of seven industrialized nations is set to issue guiding principles for issuance of Central Bank Digital Currencies (CBDC). The G7 council ...