Nedbank says it has been lending more, and as the interest rates continue to climb, the green bank is cashing in some handsome net interest income. The banking group published …
Morocco’s National Railways Office (ONCF) signed a MAD 2.1 billion (€192.49 million) agreement on Wednesday. The budget represents 80% of an overall loan budget of €250 million the bank offered to …
Safaricom’s Fuliza has cut daily charges for loans below Sh1000 by 40 percent and introduced a three-day grace period. Daily charges on loans of up to Sh1000 will come down …
The Central Bank of Nigeria (CBN) says it will debit all banks in the country on Thursday, Sept. 29, for the Cash Reserve Ratio (CRR) to allow for the mopping-up of liquidity. …
Malika Dhif, former deputy director at Morocco’s Directorate of Treasury and External Finance, has been appointed as the new executive director for Morocco, Togo, and Tunisia at the African Development …
Nedbank has been ordered to cough up a R2 million penalty for implementing a transaction before competition authorities approved the deal, the Competition Tribunal said on Thursday. In a statement, …
Nedbank has reported a 27% jump in headline earnings to R6.7 billion for the six months to end-June. The jump was mostly driven by strong revenue growth of 11% to …
Digital banking service Tymebank has announced plans to acquire Retail Capital, a leading fintech funder of South African small and medium enterprises. According to a statement by African Rainbow Capital …
High Court has frozen more than Sh6.2 billion spread in 62 bank accounts belonging to Nigerian start-up Flutterwave and four Kenyans on fears they are proceeds of card fraud and …
GT Bank in Abakaliki has been sealed by the Ebonyi State government over non-payment of tax. According to the government, because of its inability to pay its tax to the …