Tanzania fines five banks for breaching anti-money laundering laws
Tanzania’s central bank said on Monday it had fined five commercial banks over $800,000 for breaching anti-money laundering rules, the latest in a ser...
Tanzania’s central bank said on Monday it had fined five commercial banks over $800,000 for breaching anti-money laundering rules, the latest in a ser...
Ecobank and Union Bank risk losing all their branches in Akwa Ibom after they were shut down with their operations placed on hold. The State High Cour...
The Central Bank of Nigeria (CBN) has finally confirmed the licensing of three new banks. This is revealed in the information obtained from the websit...
Tanzania’s central bank has removed the chief executive of the state-run TIB Corporate Bank with immediate effect, citing poor performance of the fina...
Egypt’s central bank is likely to maintain interest rates at their current level on Thursday, a Reuters poll showed, as analysts foresaw a spike in in...
Nigeria’s central bank will try to force banks to lend more or face higher cash reserve requirements, part of a series of measures aimed at reviving a...
Recent figures obtained from the Central Bank of Nigeria (CBN) have shown that the apex bank disbursed the sum of N607.87 billion credit to some Depos...
Facebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe, in a mov...
The Central Bank of Nigeria (CBN) has directed banks to commence funding for small holder farmers and companies producing five products under its expo...
The monetary policy committee of the Central Bank of Nigeria (CBN) says it has agreed to keep the monetary policy rate, which measures interest rate ...