The Securities and Exchange Commission (SEC) has announced plans to adopt the global sustainability disclosure standards developed by the International Organisation of Securities Commissions (IOSCO). The move is expected to …
Financial Regulation
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Capital MarketEconomyFinanceNigeriaRegulationSustainability
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BusinessCapital MarketEconomyFinanceRegulationTechnology
CSCS to Host Webinar Ahead of Nigeria’s Transition to T+2 Settlement Cycle
The Central Securities Clearing System Plc (CSCS) has announced plans to host a major webinar as part of industry-wide sensitisation on Nigeria’s transition to the T+2 Settlement cycle for equities …
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BankingBusinessEconomyFinanceINVESTMENTRegulation
GTCO Injects ₦365.85bn Into GTBank to Meet CBN Capital Requirement
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
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AfricaBusinessEconomyFinanceLawPolicy & Regulation
South Africa Court Rules Foreign Companies Can Be Punished for Local Market Misconduct
A landmark judgment in South Africa has made it clear that foreign companies and individuals can no longer assume they are safe from punishment simply because they are not physically …
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BankingFinance & ServicesGovernanceKenyaRegional CooperationRegulation
CBK to Launch Deposit Guarantee Fund to Protect SACCO Depositors
The Central Bank of Kenya (CBK) has announced plans to set up a Deposit Guarantee Fund (DPF) worth KSh180 million to protect members of Savings and Credit Cooperative Societies (SACCOs) …
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Finance & ServicesNigeriaTechnologyTrade and Commerce
How In-App Analytics Are Empowering Nigeria’s Mobile Forex Trader
Mobile technology is changing how Nigerians interact with the financial market, especially in the fast-growing area of foreign exchange trading, also known as forex. With a population of over 220 …
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Banking, Finance & InvestmentDigital EconomyFinance & ServicesSecurityTOGO
Ecobank to End Safe Deposit Box Services in Togo from August 1
Pan-African lender, Ecobank, has announced it will discontinue its safe deposit box services in Togo by August 1, 2025, marking a further retreat from a once-premium service that has become …
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AfricaAFRICA NEWSBusiness PoliciesEconomyFinance & ServicesGOVERNMENTPoliciesUGANDA
Govt Warns Money Lenders Over High Interest Rates, Illegal Practices
Kampala, Uganda — The Government of Uganda has sounded a strong warning to money lenders operating illegally and charging exorbitant interest rates, saying such exploitative behaviour is worsening poverty and …
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Banking, Finance & InvestmentBusinessBusiness InsightsFinance & ServicesMarketsNewsZenith Bank
Zenith Bank to Exit CBN Forbearance Arrangement by June 2025
Zenith Bank Plc has announced plans to fully exit the Central Bank of Nigeria’s (CBN) regulatory forbearance programme by June 30, 2025. This was revealed in a statement sent to …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTMarketsNigeria
Fidelity Bank Denies Insider Trading Allegation Against MD/CEO Nneka Onyeali-Ikpe, Calls Report False and Malicious
Fidelity Bank Plc has strongly refuted a recent report alleging that its Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, was involved in insider trading and used bank funds …