Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
MoMo Payment Service Bank has launched a bill payment options for its users. According to the firm, this option will allow users access to an inexpensive way to purchase prepaid …
Israel’s natural gas producer NewMed Energy, formerly known as Delek Drilling, plans to invest in the development of natural gas and renewable energy infrastructure in Morocco. “Morocco is the next …
The Central Bank of Kenya(CBK) has said that its forex reserves remain adequate to smooth out any volatilities despite breaching the aggregate amount of not less than the value of …
The Board of Directors of Stanbic IBTC Holdings Plc has announced the appointment of Mr. Babatunde Omotowa, as an independent non-executive director, following the receipt of all required regulatory approvals. …
I&M Bank has posted a Sh7.1billion net profit in the third quarter of 2022, a 24.1 per cent growth from Sh5.7billion posted in the same period in 2021. During the …
The Senate has set up an ad hoc committee to carry out investigation into the alleged uneven disbursement of half a trillion naira loan to the six geo-political zones by …
The Central Bank of Nigeria has instructed commercial banks in the country to work on Saturdays till January 31, 2023, to enable bank customers to return old naira notes for …
The Federal Government has identified about 213 gas blocks that are open for investments. A document obtained by The PUNCH titled, “Nigeria’s Cretaceous Basins: The Potentials for Gas,” put together by the …
The President, Institute of Chartered Accountants of Nigeria, Mallam Tijani Isa, has advised the Central Bank of Nigeria to find a lasting solution to the economic challenges occasioned by its …
Bank Al-Maghrib (BAM), Morocco’s central bank, and the Office des Changes (OE), the country’s foreign trade watchdog, signed a partnership agreement on Monday in Rabat. The agreement aims to establish …
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