Tag: Business News
Business Africa
CBN Intensifies Oversight on Banks Under Regulatory Forbearance
As part of its commitment to preserving financial system stability, the Central Bank of Nigeria (CBN) has announced that commercial banks currently operating under...
Business Africa
KCB Group CEO Paul Russo Tops $1.9 Million in 2024 Executive Pay as Banking Sector Payouts Surge
Paul Russo, Chief Executive Officer of KCB Group, emerged as the highest-paid bank executive in Kenya in 2024, earning KES 250.2 million (approximately $1.9...
Business Africa
Airtel’s SmartCash Partners Leadway Assurance to Simplify Access to Motor Insurance
SmartCash Payment Service Bank, the mobile financial services arm of Airtel Nigeria, has entered into a strategic partnership with Leadway Assurance to provide motorists...
Business Africa
Safaricom’s Ziidi Money Market Fund Faces Scrutiny Over Alleged Anti-Competitive Conduct
Safaricom’s recently launched Ziidi Money Market Fund (MMF) has come under regulatory and public scrutiny following accusations of anti-competitive behavior and potential data privacy...
Business Africa
Namibia Pauses Key Oil Contracts Amid Strategic Shift in Energy Policy
Photo Credit: Getty Image
Business Africa
ECOWAS Urged to Reduce Dependence on Foreign Aid, Focus on Private Sector and Trade Integration
The Economic Community of West African States (ECOWAS) has been urged to accelerate efforts toward economic self-reliance by cutting down on foreign aid dependency...
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Africa
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In the narrative of Africa’s development, literacy remains a...