First Bank of Nigeria says it will suspend international transactions on its naira Mastercard from September 30. In a recent statement to its customers, the bank said such transactions would not …
KCB Bank Kenya has injected over Sh120 billion to support Oil Marketing Companies (OMCs) importing fuel as it seeks to consolidate its support to the energy sector. The facility is also …
The United States government has announced it will provide a US$5 million grant to the African Development Bank (AfDB) to support efforts to abate methane gas emission, across Africa. Methane …
The Bank of Ghana will sell a total of $420 million to Bulk Oil Distribution Companies via banks in the final quarter of this year, in its Foreign Exchange Auctions. …
The Treasury has said Kenya will find it challenging to sustain reliance on multilateral lenders like World Bank Group for external funding, signaling a return of costly foreign loans in …
FirstRand, South Africa’s biggest banking group by market value, will pay a record dividend to shareholders as the bank benefits from a post-pandemic resurgence. The company, which owns First National …
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the world bank warned Thursday, calling on governments to help boost supply …
Furniture manufacturer, PG Bison Kenya has expanded its manufacturing factory in Nairobi as part of the company’s plans to grow its investment in the Kenyan market. The move is also …
The European Investment Bank (EIB) announced today sealing a technical assistance deal with Credit Agricole Maroc to boost climate financing in Morocco. In a press release, EIB announced the launch …
Kenya’s new President William Ruto has announced that the Central Bank of Kenya is working with banks to allow customers to increase the amount they can transact beyond the KES 1 Million …
Chat us up