ABUJA – Mr. Olusegun Aganga, minister of Industry, Trade and Investment and Dr. Yerima Ngama, minister of State for Finance have reportedly joined the high-wired corporate...
ZURICH -The Swiss National Bank said Monday it expected to post a loss of 9 billion Swiss francs ($9.93 billion) for 2013, preventing it from paying...
WASHINGTON – The City of Miami has sued three major banks for what is says has been a pattern and practice of predatory lending that has...
LAGOS – United Bank for Africa (UBA), the pan-African financial services group in which investment company Heirs Holdings has a strategic interest, has announced the appointment...
BRUSSELS – The European Union agreed on Thursday a blueprint to close failing banks but stopped short of a more ambitious plan for the euro zone...
BEIJING – Chinese central bank officials told third-party payment service providers to stop offering clearing services to online Bitcoin exchanges, according to China Business News, which...
ABUJA – The Central Bank of Nigeria (CBN) has approved the change of name of the Police Fokas Saving and Loan Ltd to the Nigeria Police...
BUDAPEST – Hungary’s central bank will expand its cheap, subsidized loan program from January to help finance the construction of real estate and thus boost feeble...
TUNIS – The African Development Bank (AfDB) is organizing final technical consultations with representatives from across Africa on its new Governance Strategy for 2014-2018. AfDB’s key...
MOSCOW – Russia’s central bank said on Friday it had withdrawn the licenses of three more banks in a crackdown on shady financial activities a day...
