Category archives for: Banking & Finance

World Council Project in Africa Cited as Example of How Credit Union Industry is Expanding Financial Inclusion

July 9, 2020//-The chair of the national agency that regulates United States’ credit unions cited the work World Council is doing to expand financial inclusion in Africa during a July 8 webinar presentation to the Institute of International Bankers (IIB).

EMY Africa Named Mrs Abiola Bawuah As Woman of the Year

Accra, Ghana, July 7, 2020//-The Exclusive Men of the Year Africa Awards (EMY Africa Awards) has named Mrs Abiola Marufatu Bawuah, the Regional CEO West Africa of the United Bank for Africa (UBA) as the Woman of the Year at the 5th Annual EMY Africa Awards held over the weekend.

UBA Group Appoints Deputy Managing Directors for Nigeria and Africa

Lagos, Nigeria, July 7, 2020//-United Bank for Africa Plc (UBA), the leading pan-African financial services group, today announced the appointments of Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors in charge of UBA’s Nigeria and Africa businesses, respectively.

Coronavirus: Chance to Improve Exposed Weaknesses of Africa’s Banking System

July 7, 2020//-COVID-19 has disrupted the global economy with the uprooting of supply chains. The decades-long, single-minded focus on optimising supply chains helped the world minimize costs, reduce inventory, and boost asset utilisation.

aYo Ghana Announces Free COVID-19 Insurance Benefit For Ghanaians  

Accra, Ghana, July 3, 2020//-aYo Intermediaries Ghana Limited has announced a free COVID-19 Benefit in the form of a Free Insurance Cover for its existing and new customers to cushion them during this pandemic.

African Banking After The COVID-19 Crisis

June 30, 2020//-New analysis by McKinsey suggests that the COVID-19 crisis could result in African banking revenues falling by 23 to 33 percent between 2019 and 2021.

United Capital Calls For Innovative Home-grown Financing Solutions

Lagos, Nigeria, June 29, 2020//-United Capital Plc, a leading African financial and investment banking Group has called for innovative home-grown financing solutions to help strengthen Africa’s economic resilience in the face of the devastating COVID-19 crisis.

Ecobank Nigeria Extends Zero Charge for Digital Money Transfers

Lagos, Nigeria, June 26, 2020/ — Ecobank has extended its zero-charge fee for digital money transfers below N5,000 till the end of September this year.

Financial Conditions Have Eased, but Insolvencies Loom Large

June 25, 2020//-Amid the human tragedy and economic recession caused by the COVID-19 pandemic, the recent surge in risk appetite in financial markets has caught analysts’ attention. 

BoG Governor Appears Before PAC After Threat to Cause His Arrest

Accra, Ghana, June 24, 2020//-The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, appeared before Parliament’s Public Accounts Committee (PAC) today, Wednesday, June 24, 2020.

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