RABAT, July 9 – Morocco’s financial system remained resilient in 2025 despite continued global uncertainty, according to the Systemic Risk Coordination and …
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Category:
Banking & Finance
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ABUJA, July 8 – Nigeria’s data centre industry is preparing for a major shift after the Central Bank of Nigeria directed banks, …
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NAIROBI, July 7 – Kenya has introduced a new legal framework that allows the Central Bank of Kenya (CBK) to provide emergency …
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Banking & Finance
Nigerian Tycoon Tony Elumelu to Retire as UBA Chairman as Emmanuel Nnorom Takes Over in August 2026
LAGOS, July 6 – United Bank for Africa (UBA) Plc has announced that its Group Chairman, Tony O. Elumelu, will retire from …
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Banking & Finance
Morocco’s Banking Network Shrinks as Conventional Lenders Close 151 Branches in 2025
RABAT, July 2 – Morocco’s banking network contracted in 2025, with lenders recording a net reduction of 151 branches as conventional banks …
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Banking & Finance
Nigeria Apex Bank Revokes Licences of 46 Microfinance Banks, Issues New Rules for Failing Institutions
LAGOS, July 2 – The Central Bank of Nigeria (CBN) has withdrawn the operating licences of 46 microfinance banks across the country …
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JOHANNESBERG, July 1 – South Africa’s Constitutional Court has ruled that competition authorities can move ahead with a long running case accusing …
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JOHANNESBERG, June 29 – China’s central bank has approved Standard Bank and the Industrial and Commercial Bank of China (ICBC) to clear …
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CAPE TOWN, June 26 – Standard Bank Group and Industrial and Commercial Bank of China (ICBC) have been authorized by People’s Bank …
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ABUJA, June 25 – The Central Bank of Nigeria (CBN) has launched the CBN Naira Ambassadors Club, a new campaign designed to …