CBN, The Central Bank of Nigeria has announced the sale of Polaris Bank to a new owner, four years after the government took over the distressed Skye Bank, renamed it before …
Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Category:
Banking, Finance & Investment
- Banking, Finance & InvestmentBusinessEconomyMorocco
Banque Central Popularize and EIB signed a partnership agreement to Boost Competitiveness of Morocco’s SMEs
Banque Central Popularize (BCP), Morocco’s second-largest banking group, signed a partnership agreement with the European Investment Bank (EIB) today in Rabat, aiming to enhance the competitiveness of small and medium-sized …
- Banking, Finance & InvestmentBusinessEconomyMorocco
Morocco Refused IMF Proposal to Adopt More Flexible Currency Exchange Rate
The International Monetary Fund (IMF) proposed for Morocco to move to the next phase of fiscal reforms aiming to make its national currency’s exchange rate more flexible, but Morocco’s central …
- Banking, Finance & InvestmentBusinessEconomyKenya News
Central Bank of Kenya bags Sh68bn forex gain from weaker shilling versus
The significant weakening of the shilling versus the dollar handed the Central Bank of Kenya (CBK) an unrealized exchange gain of Sh68 billion on its forex holdings in the year …
- Banking, Finance & InvestmentNigeriaWestern Africa
All you need to know about CBN’s 500K Grant for young entrepreneurs
In a bid to reduce the rate of unemployment in Nigeria, The CBN (Central Bank of Nigeria) has developed a new strategy that involves offering 500k Grants to young entrepreneurs. …
- Banking, Finance & InvestmentFinance & ServicesKenya News
KCB Issues Sh336 Billion in green loan to Support the Projects that protect the environment
The Kenya Commercial Bank (KCB) has issued a Sh336 billion in green loans over the last one-year to support projects that protect the environment. Transition to green financing helped push …
- Banking, Finance & InvestmentBusiness and EconomyEconomyNigeriaWestern Africa
Central Bank of Nigeria targets 7,740 agents to push eNaira adoption
The Central Bank of Nigeria is targeting no fewer than 10 agents in the 774 local government areas in Nigeria to drive the eNaira adoption. In total, the bank is …
- Banking, Finance & InvestmentBusinessEconomyEthiopia
Government expects saving of 100 million dollar per year from the ban selected import items
The central bank of Ethiopia expects saving close to 100 million dollar per year, from the ban imposed on selected import items. In a circular written on October 14, 2022, …
- BusinessEconomyINVESTMENTKenya NewsUncategorized
Kenya and Netherlands Sign MoU To increase Trade and investment Between The Two Countries
The Kenya Investment Authority (KenInvest) and the Netherland Business Hub (NLBH) have agreed to reinforce their collaboration towards increasing trade and investment between Kenya and the Netherlands. This has resulted …
- Banking, Finance & InvestmentBusinessNigeriaWestern Africa
World Bank Partners with IMF to assess Nigeria’s debt sustainability
The President of the World Bank Group, David Malpass, has said that the bank will work with the International Monetary Fund to assess Nigeria’s debt sustainability. Malpass said this during …