Category archives for: Finance

Why Tony Elumelu and Dr. Awele Elumelu Are Africa’s Power Couple

Lagos, Nigeria, June 14, 2019//-A few days ago, the internet went abuzz when CNN International shared a video of billionaire philanthropist, Tony O. Elumelu and his wife, Dr. Awele Elumelu and referred to both as “Africa’s Power Couple” in recognition of their work empowering African entrepreneurs.

Bayero University To Confer Honorary Doctorate Degree On Tony Elumelu

Lagos, Nigeria, June 13, 2019//-Tony O. Elumelu, CON, Founder, Tony Elumelu Foundation and Chairman UBA Group and Heirs Holdings will be conferred an Honorary Doctorate Degree by one of Nigeria’s foremost universities, Bayero University, Kano.

DRC Bank Posts Impressive Results

Kinshasa, Democratic Republic of Congo, June 12, 2019 – RAWBANK, the number one bank in the Democratic Republic of Congo (DRC), today published its 2018 Annual Report, with results showing even faster growth than in 2017.

Isaac Adongo Writes: Bank of Ghana Governor’s Super Incompetence Is The Real Threat To Our Financial Sector

Accra, Ghana, June 10, 2019//-The first week of June 2019 will surely go down in history as a bitter period for shareholders, directors, staff and customers of microfinance institutions (MFIs) and by extension those of non-bank financial institutions (NBFIs) in the country.

Gabby Asare Otchere And The Reckless Politicization Of The Bank Of Ghana

Accra, Ghana, June 8, 2019//-I wouldn’t have bothered to respond to the tweet from Mr. Gabby Asare Otchere regarding the banking sector reforms, but I noticed reading his article that perhaps someone wrote it for him to just copy and paste.

London Stock Exchange Hosts Ecobank After Successful $500M Eurobond Issuance

London, United Kingdom, June 7, 2019/ — Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange (LSE) to a market opening ceremony to celebrate the successful listing of its $500 million Eurobond issuance on the London bourse main market.

Bank of Ghana Slaps GH¢4.5 Million Fine on Barclays Bank  

Accra, Ghana, June 3, 2019//-The Bank of Ghana has fined the Barclays Bank of Ghana an amount of GH¢4,579,256.36 for making frivolous quotes on Ghana’s Interbank Foreign Exchange Market.

Lucy Quist Appointed Managing Director at Morgan Stanley

June 3, 2019//-International Business Leader, Lucy Quist, has been appointed as a Managing Director and Head of Change Leadership at Morgan Stanley.

BoG: Questions and Answer on Revocation Of Licences Of Insolvent Microfinance Institutions

Accra, Ghana, June 1, 2019//-The Bank of Ghana (BoG) yesterday revoked the licences of 192 insolvent microfinance companies operating in the country.

Bank of Ghana Strikes 347 Microfinance Companies Out of Operations

Accra, Ghana, May 31, 2019//-The Bank of Ghana (BoG), with effect from today,revoked the licences of 192 insolvent microfinance companies operating in the country.

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