CBN Directs Mortgage Banks to Submit Returns, Threatens Sanction  The Central Bank of Nigeria has warned all primary mortgage banks in the country regarding the timely submission of regulatory returns. This was as it also issued a stern warning to Development Finance Institutions and Microfinance Banks. In...

Bank of Ghana suspends FX trading Licences of two Nigerian Lenders The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN). The suspension takes effect from March 18, 2024, and it will...

Bank of Ghana suspends FX trading Licences of two Nigerian Lenders The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN). The suspension takes effect from March 18, 2024, and it will...

Bitcoin Tumbles as $1bn Liquidated from Crypto Market in 24 Hours Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t...

Bitcoin Tumbles as $1bn Liquidated from Crypto Market in 24 Hours Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t...

Nigeria Stock Market Emerges Africa’s Best with 33.71% Gain With a 33.71 percent gain in two months to February 29, Nigeria’s stock market has emerged as Africa’s best-performing stock market. After long periods of downturn, Nigeria’s bold economic reforms lifted equities market capitalisation by N13.79 trillion...