Banks Struggle to Lend as Branches Bloom, Coffers Wither
A severe cash shortage squeezes the economy, and the deposit-to-loan ratio has slumped below 80pc, hitting its lowest point in ...
Tag: banks
Nigeria: The Rise of Digital Platforms – How the Future of Banking Is Outpacing Traditional Banks
In the evolving landscape of digital platforms, the distinction between traditional banks and tech-driven solutions continues to grow. Traditional banks ...
Kenya: Thugge Implores Banks to Cut Lending Rates to Boost Credit Uptake
Nairobi — The Central Bank of Kenya (CBK) has called on commercial banks to urgently reduce their lending rates in ...
CBS officially joins the World Bank’s RAMP becoming the 79th member – Somali National News Agency
Mogadishu, (SONNA) – The Central Bank of Somalia (CBS) has officially joined the World Bank’s Reserve Advisory and Management Partnership ...
WHO, development banks kick off US$ 1.5 billion primary health financing platform
Execution is starting under the new Health Impact Investment Platform on the first country health investment plans turning original commitment ...
Nigeria: Reports – Six Banks Paid N453.71 Billion As Levies, Insurance Premium to Amcon, Ndic in H1, 2024
Kayode Tokede Access Holdings Plc and five other publicly-listed Nigerian banks paid N453.71 billion as banking sector resolution costs and ...
Nigeria: Banks’ Committee Earmarks N50m to Push Contactless Payments
The Committee of E-Business Industry Heads (CeBIH) has earmarked a fresh N50m to deepen adoption of contactless payment in Nigeria. ...
Nigeria: EFCC Investigates Banks, Top Officials
The Economic and Financial Crimes Commission (EFCC) has said the commission will soon begin the prosecution of some banks' top ...
Buying, Not Selling Banks
A key illustration of this trend is Global Bank, which commenced the week with a rate of 107.11 Br ...
Nigeria: #endbadgovernance – No Protests in Ekiti As Banks, Markets Open for Business
The state government had met with various interest groups including monarchs, student leaders, market women, artisans, drivers' unions and the ...
