Ghana
Ghana records $4.7bn in remittances in 2022, maintains 2nd position in Africa
Ghana maintained its position as the 2ndlargest recipient of remittances in Africa, recording $4.7 billion inflows in 2022. This is 4.4% more than ...
Kenya
Kenya: Tax refund claims hit Sh109bn
Kenya Revenue Authority (KRA) says outstanding tax refunds have hit Sh109 billion, hitting businesses’ cash flow. Tax refund claims rose by Sh3.2 billion ...
Ghana
Ghana: Moody’s downgrades GCB Bank to Caa3 from Caa2
International ratings agency, Moody’s has downgraded GCB Bank PLC’s (GCB Bank) global long-term local currency deposit ratings to Caa3 from Caa2. Moody’s investors ...
News
Nigeria: eNaira transactions hit N8bn – CBN
The Central Bank of Nigeria, CBN, has revealed that the eNaira application has so far recorded a total digital transaction valued at about ...
News
Nigeria: Buhari seeks confirmation of Adamu, Ahmad as CBN Deputy Govs
President Muhammadu Buhari has urged the Senate to screen and confirm the nomination of the Director (Human Resources) of the Central Bank of ...
Kenya
Kenya: CBK Brings Back Charges On Transfers Between Banks And Mobile-Money Accounts
The charges are set to be restored from January 1, 2023 and follows discussions and lobbying between the CBK, banks and payment service ...
News
Nigeria: CBN limit cash withdrawals to N100k, N200 now highest ATM denomination
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMOs) and other financial institutions to ensure that weekly over-the-counter (OTC) cash ...
Africa
Africa: Airtel, IFC sign $194 million facility to connect millions of Africans to fast internet
Airtel Africa Plc has announced the signing of a $194 million credit facility with the International Finance Corporation (IFC). A corporate disclosure seen by Nairametrics ...
Ghana
Ghana: Mad Rush By Subscribers to Avoid SIM Card Deactivation
Hundreds of subscribers of mobile network operators (MNOs) over the weekend thronged registration centres to avoid having their Subscriber Identification Module (SIM) cards ...
News
Nigeria: CBN Offered N7.33trn Treasury Bills in Six Months
The Central Bank of Nigeria (CBN) yesterday said it offered treasury bills amounting to N7.33 trillion in the first half of the year ...
