BEIJING – China aims to cut the proportion of cash that commercial banks must keep with the People’s Bank of China, the banking regulator said on...
WASHINGTON – U.S. authorities negotiating with BNP Paribas over alleged sanctions violations at one point suggested that France’s biggest bank pay a penalty as high as...
LAGOS – Standard Chartered Bank plc in its 2014 African Report has stated that a new “confident African middle-class is emerging, and trade is expanding rapidly,...
LAGOS – Determined to support the cashless initiative of the Central Bank of Nigeria (CBN) to a successful end, Skye Bank has introduced a new banking...
FRANKFURT— On Thursday Deutsche Bank AG said it would sell roughly 300 million new shares at $30.60 (€22.50) each in a capital increase roughly 6% larger...
ABUJA – Nigeria central bank Governor Godwin Emefiele pledged to maintain stability in the currency and signaled the bank may begin cutting interest rates. “Under my...
ABUJA – The new governor of the Central Bank of Nigeria, Godwin Emifiele Wednesday met with President Jonathan for about an hour, ostensibly to brief him...
…Financed Nigerian companies with nearly a billion dollars since 2006 HOUSTON – Ed Kostenski is the founding President of Nationwide Equipment a wholly logistics and finance...
LAGOS – Nigeria’s Guaranty Trust Bank (GTBank) has launched SME MarketHub, an e-commerce portal for small and medium enterprises (SMEs) in Nigeria, which seeks to enable...
ABUJA – Analysts and foreign exchange dealers expect sustained stability of the naira at the official market this week as the new central bank governor, Godwin Emefiele,...
