![]({"jaw_blog-16_9-small":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/10\/Banks-Banner-170x95.jpeg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/10\/Banks-Banner-270x152.jpeg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/10\/Banks-Banner-475x267.jpeg","width":"475"}})
Africa’s retail banking revenue to hit $53 billion by 2022
Africa’s retail banking revenue has been estimated to grow to US$ 53billion (about N19.08trillion) by 2022. The figure represents 41 per cent of the t...
Banking
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Central Bank of Nigeria may increase interest rate — Deputy Governor
The Central Bank of Nigeria may tighten and increase its main interest rate if the nation’s inflation rate fails to decline. Deputy Governor of the CB...
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Naira stable as Nigeria’s @CenBank injects $210m into forex market
The Central Bank of Nigeria (CBN) on Tuesday injected $210million into various segments of the foreign exchange market. This is just as the naira main...
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Nigeria’s @CenBank holds benchmark lending rate at 14%
Nigeria’s central bank kept its main interest rate at 14 percent on Tuesday, its governor said, marking two years at the record high level. Godwin Eme...
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Ghana central bank keeps benchmark interest rate at 17%
Ghana’s central bank kept its benchmark interest rate unchanged at 17 percent as expected on Monday, mindful of the possible impact on inflation of pr...
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CBN collaborates with CIBN move to fight banking fraud in Nigeria
Customers can now carry out their banking transactions without fear of losing money as the Central Bank of Nigeria (CBN) collaborates with the Charter...
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Central Bank of Nigeria, Shippers’ Council plan new disbursement account for agencies
The Central Bank of Nigeria (CBN), plans to collaborate with the Nigerian Shippers’ Council (NSC), to compel all shipping agencies to open Disbursemen...
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How Abuja banks are cheating customers through ATM withdrawals
Commercial bank customers within the Federal Capital Territory (FCT) have decried excess charges by banks through Automated Teller Machine (ATM) withd...
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UBA’s loans to Agriculture, Power sectors in Nigeria hit $739 Million
Whereas most commercial banks shy away from lending to the agriculture sector, Pan-African banking group, United Bank for Africa (UBA) Plc has granted...
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Commercial Bank of Ethiopia released £300 million amid currency crunch
With the country in the midst of a severe forex crisis, the Commercial Bank of Ethiopia (CBE) has released an aggregate sum of nearly 300 million doll...