The Central Bank of Nigeria (CBN) has granted Greenwich Trust Limited a licence to operate as a merchant bank in the country.

This was disclosed in a statement by the financial institution yesterday.

The"...

Rabat – Bank loans in Morocco recorded a 5.8% increase in the first seven months of 2020, compared to the same period in 2019.

Morocco’s central bank, Bank Al-Maghrib, announced the figure in a recent"...

Rabat – Morocco’s central bank, Bank Al Maghrib, has said that the country’s industrial production improved during the month of July.

The bank reported an increase in production with a capacity"...

Rabat – A mining boom could benefit more than just exports if Morocco can advance the production of value-added products. Shedding the legacy of colonialist resource exploitation, Morocco could expand its position in supply chains and better profit from its natural assets.

Boubyan Bank, Kuwait’s most innovative digital bank, teams up with IDEMIA, the global leader in Augmented Identity, to provide select customers with exclusive metal cards to mark the bank’s 15th anniversary.

Boubyan"...

The United Bank for Africa (UBA) Plc has announced its audited financial results for the half year ended June 30, 2020, showing growth across key performance indices as well as increased contribution from its African subsidiaries.

Notwithstanding"...

Rabat – Morocco’s Bank of Africa (BMCE) recorded a net banking income of MAD 7 billion ($768 million) at the end of June 2020, representing a stagnation compared to the same period a year earlier.

The"...

Rabat – Morocco’s central bank, Bank Al Maghrib, announced in its weekly notice that the Moroccan dirham rose by 0.58% against the Euro and dropped by 0.44% against the dollar from August 20-26.

As"...

Rabat – Morocco’s CIH Bank announced on Friday, August 28, the hacking of numerous customer accounts.

“Tens of customers have discovered, when checking their accounts, transactions (which they"...

Visa Inc. (NYSE: V) today announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorizations when service disruptions occur. Using deep learning to analyze past transactions,"...