Banking & Finance

Ecobank Transnational to get a new group CEO

AdeAyeyemiEcobank Transnational Incorporated has appointed Ade Ayeyemi as the new group CEO, and his new role is effective 1 September 2015

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First consumer credit card launched in Nigeria

creditcard-pixabayThe Central Bank of Nigeria, O3 Capital Nigeria Limited and Game Stores have collaborated to introduce the first consumer credit card in the West African nation

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Mineral tax regime to revitalise Zambian Kwacha

zambiankwacha-Numismatic CoinsHistory-flickrThe Zambian government’s approval to change the mineral royalty tax regime is expected to strengthen the local currency Kwacha against the dollar, stated Zambian banks

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Banking opportunities for frontier markets

Ikoyi Lagos. The commercial capital of Nigeria Copyright Bill KretAs private wealth increases across the continent, and consumer-driven industry growth outpaces non-African regions, so regulation of investible assets gains critical importance

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BOAD to receive financial and technical assistance from BADEA

ChristianAdovelandeThe Arab Bank for Economic Development in Africa (BADEA) has agreed to provide financial assistance to the West African Development Bank (BOAD) to the tune of US$20mn

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