Nigeria’s central bank has appointed new executive directors to oversee the affairs of some deposit money banks whose acquisitions have been flagged as fraudulent, alongside other...
Multilateral body, International Monetary Fund (IMF) is “optimistic” that a debt restructuring deal would soon be reached between its officials and Ghana. As talks between...
The Nigeria Employers’ Consultative Association (NECA), the umbrella organisation for employers in Nigeria, asserts that in the past three years, at least fifteen multinational corporations have...
A report by a financial firm, KPMG, has revealed that the use of Automated Teller Machines (ATM) for cash withdrawal in Nigeria has dropped to 40%...
The Acting Director of Corporate Communications of Nigeria’s Central Bank, Hakama Sidi-Ali, has confirmed it settled almost $2 billion of forward liabilities in the past three months. The...
Some officials of the Dangote Group have been summoned by the Economic and Financial Crimes Commission (EFCC) as part of an ongoing investigation into an alleged...
Chinese state-owned Jiangxi Copper Corp. is in talks to purchase a portion of Canadian firm, First Quantum Minerals’ copper mines in Zambia. The action comes after...
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has carried out a raid on the headquarters of Dangote Industries Limited in Ikoyi, Lagos, amidst...
According to sources quoted by Reuters, Ghana’s official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country....
Zambia’s Secretary to the Treasury, Felix Nkulukusa, has revealed that the country hopes to agree on key conditions for restructuring $3 billion of its bonds no...