… as FIFA 2022 World Cup draws nearer LONDON – Oil-rich Qatar may be a tiny Persian Gulf state but its economy is one of the wealthiest...
ABUJA – Come February 14, 2014, the Nigerian banking system will commence the implementation of biometric authentication of all bank customers – a project that has...
LAGOS – Nigerian banks have so far disbursed 109.3 billion naira (US$684.5 million) from the Power and Airlines Intervention Fund to boost power supply in the...
ACCRA – The African Development Bank (AfDB) is set to organise a workshop which will highlight AfDB’s undertakings in these areas by engaging stakeholders on the...
BEIJING – Long the laggard among China’s major banks when it came to international expansion, China Construction Bank Corp. has finally made its first overseas acquisition,...
JOHANNESBURG – South Africa’s Standard Bank Group has agreed with BNP Paribas SA and others to sell its Asian loan portfolio worth around $1 billion, according...
NEW YORK – Another day, another potential lawsuit against Bank of America. BofA revealed in a securities filing Wednesday that staff from a U.S. Attorney’s office have...
ABUJA – As the Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, prepares to step down in June 2014, frontline contenders for...
LAGOS – Access Bank Plc Tuesday, announced a Gross Earnings of N154 billion for the nine months period ended 30 September 2013. This was contained in...
NEW YORK – The Libor rigging scandal was reignited on Tuesday, forcing the chairman of Rabobank to quit after the Dutch bank was fined €774m (£662m)...