MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service next year, its CEO said, further embedding the South...
The Central Bank of Japan has become the first among G7 nations to own assets collectively worth more than the country’s entire economy, following a half-decade...
BudgIT Foundation has decried the cut in Nigeria’s health and education sector budgetary allocation to fund the 2019 elections. They alleged that recent information from the...
Today, investors’ in ZENITH (-1.6%), GUARANTY (-1.8%) and DIAMONDBNK (-9.4%) lowered the benchmark index by 0.2% to 32,143.41 points as market capitalisation also shed N27.5bn to settle at 11.7tn while YTD loss worsened to -15.9%. However, activity level was...
Germany will lure thousands of finance jobs to Frankfurt from London after Britain exits the European Union — if the country’s Finance Ministry gets its way....
President Muhammadu Buhari currently attending the Paris Peace Forum has called for stringent actions against perpetrators of illicit financial flows. He also called for a crackdown...
The African Development Bank (AfDB) has set five priorities elements to fast-track Africa’s economic transformation. The priorities are light up and power Africa; feed Africa; industrialise...
Former UBS Group AG trader Kweku Adoboli, a Ghanaian who was convicted for causing a $2.3 billion loss at the bank, was detained for a second...
The International Monetary Fund (IMF) has cautioned the Federal Government to be mindful of the country’s rising debt service to revenue ratio and take steps to...
Diamond Bank has said that no investors had come forward to inject cash into the company and that its board was reviewing all strategic options. The...
Nigerian officials will go on a roadshow to London next week ahead of a planned $2.8 billion Eurobond sale this month, two banking sources told Reuters...
Federal Government’s domestic debt service has risen to N947.99 billion as at June 2018, a 37.04 per cent increase from the previous year’s N687.37 billion, the...
As part activities to mark its sustainability Awareness Week, Access Bank on Tuesday, 6 November, 2018 partnered with social advocacy group, CSR-in–Action to train representatives...
NMTN Group Ltd.’s battles with Nigerian authorities over $10 billion in repatriated funds and back taxes could increase risk in South Africa’s financial system, the Reserve...
Zenith International Bank dominated the activity chart on the nation’s bourse, accounting for 64.04 per cent of the total volume of shares traded. The News Agency...