Luanda -- The Central bank of Angola (BNA) plans to approve the National Payment System Vision, for the 2023/2028 period, in November this year, with a view to strengthen access to low-value fin...
Monrovia -- A World Bank Delegation has paid a courtesy call on the Director General of the Bureau of State Enterprises, Hon. Arthur S. Massaquoi at his Capital Bye Pass office in Monrovia.
Nigeria's listed banking stocks' value declined by N2.069 trillion in 16 trading days following the announcement of the recapitalisation exercise by the Central Bank of Nigeria (CBN).
First Capital Bank (FCB) says it has engaged the African Development Bank (AfDB) and Trade Development Bank (TDB) for fresh lines of credit after significant drawdowns on previous loans.
The Bank of Namibia (BoN) last week launched the Instant Payment Project with the intent of broadening financial inclusion through essential and affordable financial services to all with the foc...
Nairobi -- Monarch Insurance Company Limited has been ordered to pay Sh2.5 million as claim payments to its joint creditors.
RESERVE Bank of Zimbabwe (RBZ) Governor John Mushayavanhu has appealed to Members of Parliament (MPs) to educate communities on the newly introduced currency, Zimbabwe Gold (ZiG).
FIRST National Bank (FNB)-Lesotho has officially launched its card localisation scheme aimed at enhancing financial inclusion and facilitating payments.
AFC Insurance is collaborating with Phoenix Insurance Company of Botswana to map out ways of boosting agricultural production in both countrie, a development expected to boost smallholders' resi...
Mr Aigboje Aig-Imokhuede, Chairman of Access Holdings Plc, says he's confident that the bank would raise 300 million dollars in capital for Access Bank, considering the bank's strong market posi...
First Bank of Nigeria Limited (FirstBank), on Sunday, announced Olusegun Alebiosu as its new acting Managing Director/Chief Executive Officer pending the approval of the Central Bank of Nigeria ...
On April 3, President Bola Ahmed Tinubu signed into law the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, which creates the facility for students to access...
Police authorities in Kenya have arrested Nadeem Anjarwalla, an executive of cryptocurrency platform, Binance, who fled Nigeria some weeks ago.
Equity Bank Uganda has selected 110 high-performing students from the 2023 Uganda National Examination Advance Certificate of Education for its Equity Leaders program.
Whereas the theme for Uganda's National Budget Framework Paper for the financial year 2024/25 is the full monetisation of the economy through commercial agriculture, industrialization, service s...
... As investors lose N1.57trn
Nairobi -- Trust Bank (DTB) has scaled up its operations in Kenya after opening four new branches located in Gikomba, Tom Mboya, Global Trade Centre (GTC) and Bomet Town.
The Board of Directors of First Bank has announced Segun Alebiosu, Executive Director and Chief Risk Officer of First Bank, as the acting Managing Director and Chief Executive of the bank to rep...
Abuja -- The Board of FBN Holdings Plc, yesterday, announced the appointment of Mr. Olusegun Alebiosu as acting Chief Executive, First Bank of Nigeria Limited (FirstBank), its flagship subsidiar...
Wema Bank yesterday unveiled the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics 5.0, with no fewer than 15,000 applicants being targeted.
The federal government is expecting a fresh $2.2 billion single-digit interest loan from the World Bank and another budget support facility from the African Development Bank (AfDB).
Working on linking Ethiopian insurance with world
*Remittance task force to report directly to Cardoso
China has written off an unspecified amount of Zimbabwe's interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists warned of a pe...
There are strong indications that the sudden resignation of former Managing Director and CEO of First Bank, Dr Adesola Adeduntan was triggered by directives from the Central Bank of Nigeria (CBN...
PREMIUM TIMES reported the appointment of Mr Alebiosu following the surprised resignation of Adesola Adeduntan
Mr Alebiosu takes the crown from Adesola Adeduntan, who gave up the role abruptly on Saturday even though he was due to complete his tenure in December.
Segun Alebiosu began his professional career in 1991 with Oceanic Bank Plc and joined FirstBank in 2016.
The management of Access Bank has set aside N200 million in cash and three SUVs to reward 15,786 customers in its Season 16 DiamondXtra campaign.
Old Mutual plc has been granted initial approval to launch a bank by the Prudential Authority (PA), the South Africa (SA) financial regulator that falls under the auspices of the SA Reserve Bank...