Banking, Finance & Investment

Fitch Ratings has downgraded the credit rating of the African Export-Import Bank (Afreximbank) by one notch to BBB-, just above junk status, citing growing credit risks and weak risk management …

The Nigeria Deposit Insurance Corporation (NDIC) has called on financial sector players, regulators, and members of the public to contribute their views on the ongoing review of the Core Principles …

Cordros Asset Management has successfully concluded the fourth edition of its annual financial literacy debate, a competition aimed at empowering Nigerian secondary school students with practical investment knowledge and early …

Confusion has trailed the planned migration to end-user billing for Unstructured Supplementary Service Data (USSD) as telecommunications operators in Nigeria have faulted the claims by some Deposit Money Banks (DMBs) …

The Central Bank of Nigeria (CBN) is yet to speak on the next steps regarding the planned recapitalisation of Bureau De Change (BDC) operators, even as the official deadline of …

Sixteen years after the devastating 2008 global financial crisis that sent shockwaves through Nigeria’s capital market, the Nigerian Exchange (NGX) has not only staged a complete recovery but also posted …

The Dar es Salaam Stock Exchange (DSE) in Tanzania has started a set of new reforms to make the market more attractive to foreign investors, improve transparency, and bring the …

Former Mauritanian Minister for Economic Affairs and Finance, Dr. Sidi Ould Tah, has been elected as the ninth president of the African Development Bank Group (AfDB). The announcement was made …

9 Payment Service Bank (9PSB) has been named the Digital Bank of the Year at the 2025 RegTech Rockstar Africa Awards, a prestigious recognition that celebrates innovation and excellence in …

Ghana has stepped up its efforts to attract more foreign investment and strengthen economic ties with the United Arab Emirates (UAE). The move is part of the country’s push to …