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Nigerian commercial banks have been warned against harbouring and backing unlicensed foreign firms. To improve the country's financial sector, the Central

The Central Bank of Nigeria on Monday, May 8, authorized foreign banks in the country to work with their parent companies in availing and syndicating foreign currency-denominated loans (dollar loans) to Nigerian companies. The apex bank said the policy aligns with its mandate to promote financial system stability. In the Guidelines for the Regulation of Representative…

Kindly share this postCentral Bank of Nigeria on Monday authorized foreign banks in the country to work with their parent companies in availing and syndicating foreign currency-denominated loans (dollar loans) to Nigerian companies. The apex bank said the policy aligns with its mandate to promote financial system stability. In the Guidelines for the Regulation of […]

Kindly share this postAs part of sustained efforts to create solutions that enable individuals and communities prosper across the continent, Interswitch Group, Africa’s leading integrated payments and digital commerce company, has announced a partnership with Kenyan lender, Credit Bank, the International Fund for Agricultural Development (IFAD) and Ria Money Transfer. The partnership, the company said […]