Category Archives: Banking

nig 7 africa
By October 12, 2018

The International Monetary Fund ( IMF) Thursday, listed Nigeria among eight African countries on its debt distressed category following the


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AFC
By October 12, 2018

Africa’s leading infrastructure development finance institution, Africa Finance Corporation (AFC) has a loan facility from the Export-Import Bank of China


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why people steal
By October 11, 2018

A 2002 African Union study estimated that corruption cost Africa roughly $150 billion a year. With corruption get worse on


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skye bank
By October 8, 2018

eria’s recently appointed Minister of Finance Zainab Ahmed is not happy about the failure of Skye Bank, a Nigerian lender


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CBN demand daily return-logo
By October 8, 2018

Central Bank of Nigeria (CBN) Governor Godwin Emefiele said documents recently presented to the Bank by MTN Group Ltd and


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word bank
By October 4, 2018

The World Bank has cut its economic growth forecast for Nigeria and other sub-Saharan Africa countries for this year to


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An official leaves after a news conference presenting Sudan's new currency at the Central Bank headquarters in Khartoum July 16, 2011. Sudan's central bank said on Saturday it would begin circulating a new currency this month after South Sudan said it planned to create a currency of its own. REUTERS/Mohamed Nureldin Abdallah (SUDAN - Tags: POLITICS BUSINESS)
By September 28, 2018

American economist Steve Hanke does not think highly of central banks. He blames them for fueling inflation, loss of wealth


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polaris bank
By September 27, 2018

0 Moody’s Investor Service says the decision of the Central Bank of Nigeria (CBN) to nationalise Skye Bank and inject


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nig fedelity
By September 26, 2018

0 Nigeria’s Fidelity Bank PLC, Wednesday, announced an N11.8 billion ($32.6 million) profit after tax for the six months ended


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cbn
By September 26, 2018

0 Moody’s Investor Service expects the profitability of Nigerian banks to decline due to reduction in yields of government securities


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