The Bank of Zambia (BoZ) has announced that almost half of the country’s old banknotes have now been withdrawn from circulation as part of its ongoing currency replacement programme. Speaking …
Finance
- BankingCurrency & ExchangeEconomyFinanceGovernment PolicySouthern Africa
- BankingEconomyFinanceIslamic BankingReligionTravel & Pilgrimage
GCB Bank Rolls Out Secure Hajj Account for Pilgrims
GCB Bank, one of Ghana’s biggest financial institutions, has introduced a new Hajj Savings Account to support Muslim customers planning for the holy pilgrimage. The product is designed to provide …
- AfricaBankingBusiness UpdatesCommoditiesEconomyFinanceInternationalTrade
Egypt’s Foreign Reserves Rise to $49.25 Billion
The Central Bank of Egypt (CBE) said on Monday that the country’s net international reserves grew to $49.25 billion in August 2025, compared to $49.04 billion in July. This means …
- BankingBusinessEconomyFinanceNewsNigeria
CreditPro Finance Secures CBN Licence to Expand SME Lending Nationwide
CreditPro Finance Company Limited has received approval from the Central Bank of Nigeria (CBN) to operate as a licensed finance company, a development expected to boost lending to small and …
- CorruptionEastern AfricaFinanceGovernanceJustice
Kenyan Agencies Push for Special Anti-Corruption Courts to Restore Investor Confidence
Kenya’s governance and accountability crisis has once again come under sharp focus, as key institutions demanded sweeping reforms in public financial management to restore investor confidence and close corruption loopholes …
- BankingBusinessEconomyFinanceTechnology
FirstBank Customers Face Service Disruption on Digital Channels
Customers of First Bank of Nigeria Limited, popularly known as FirstBank, are currently facing difficulties accessing some of the bank’s major digital banking platforms following a temporary service disruption. In …
- BankingEconomyFinanceFintechRegulationTechnology
Expert Urges Stronger Collaboration Between Fintechs, Banks, and OFIs
A financial expert, Mr. Samuel Olaniran, has called for deeper collaboration between financial technology companies (fintechs), traditional banks, and Other Financial Institutions (OFIs) in order to foster trust, improve customer …
- BankingCyber securityFinanceGovernanceRegulation
CBN Directs Banks, Payment Service Firms to Route All Compliance Reports Through New Department
The Central Bank of Nigeria (CBN) has directed banks, Payment Service Banks, and Other Financial Institutions (OFIs) in the country to submit all compliance-related reports and correspondence to its Compliance …
The Federal Government has announced that Tax Identification Numbers (Tax ID) will become compulsory for Nigerians and organisations involved in banking, insurance, stock trading, and other allied services starting from …
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Sank Money Pays Tribute to Zougnazagmda in Ouagadougou
Sank Money, a fast-rising mobile money company in Burkina Faso, has shown that business is not only about profits but also about people. On Wednesday, September 3, 2025, a delegation …