KIGALI – Trust merchant bank TMB has been announced as the Best Bank in Central Africa at the prestigious African Banker Awards. The awards ceremony was...
PARIS/LONDON – Fears that a looming U.S. fine on BNP Paribas could be big enough to force it to raise capital and restrict its dividends hit...
WASHINGTON – U.S. prosecutors have opened criminal and civil probes into at least 15 banks and payment processors as part of a wide-ranging consumer fraud investigation,...
BRUSSELS — The European Union on Thursday lifted sanctions on the Syria International Islamic Bank and a businessman with ties to Syrian President Bashar al-Assad who...
ABUJA – The Central Bank of Nigeria (CBN), on Wednesday, announced plans to issue N137.97 billion ($848.00 million)worth in treasury bills on June 4 with maturities...
ABUJA – FBN Holdings plc has paid N1.10 dividend following the approval by its shareholders at its second annual general meeting in held last week in...
LONDON – Standard Chartered PLC is to announce it has appointed John Cusack as its new head of global head of compliance, the latest move by...
NEW YORK — Bank of America is resubmitting its capital plan to the Federal Reserve, a month after it discovered errors in its initial report and...
ABUJA – The Central Bank of Nigeria (CBN) has denied reports that it advanced N200 billion as stabilization fund to the Nigerian Export Import Bank (NEXIM)....
SINTRA – Christine Lagarde, managing director of the International Monetary Fund, called on Sunday for closer cooperation among the world’s central banks to cope with the...