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10 November 2008 year (time zone GMT 00:00)  Number of sources in English: 4966
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Nigeria: ACF Proposes Mega Bank for North

10.11.2008 23:49    allafrica.com
Concerned by the weakness of the banking sector in the North, its socio-cultural organisation the Arewa Consultative Forum [ACF] is planning to set up a mega bank that will stimulate economic growth and development, according to its chieftain Senator John


Nigeria: Obi Woos International Micro-Credit Organisation

10.11.2008 23:49    allafrica.com
Anambra State Governor, Peter Obi, is wooing the largest NGO/micro credit organisation in the world, BRAC, which is operational in many countries, to come to the state and assist in its collaborative efforts to empower the poor, especially women and

Nigeria: Abia Warns Bankers Against Closing Shops

10.11.2008 23:49    allafrica.com
On the second day of their strike action, which some banks in Umuahia, the Abia state capital joined yesterday, Abia State Government has warned the banks not to play into the hands of political opponents even as it stated it

Nigeria: Bauchi to Overhaul Budgetary System

10.11.2008 23:49    allafrica.com
To maximize its economic potentials sequel to the recent ranking of Bauchi State by the World Bank as the best investor-friendly state in Nigeria, the Bauchi State Executive Council has approved the formation of an investment climate committee comprising all


Nigeria: 'Microfinance Not Yet in Nigeria'

10.11.2008 23:49    allafrica.com
Despite the over 1000 microfinance banks scattered around the country, microfinance is yet to be in Nigeria.

Nigeria: UBA Sierra Leone Launches Atm to Mark 100 Days of Business

10.11.2008 23:49    allafrica.com
United Bank for Africa, Sierra Leone, a subsidiary of UBA Plc, last week celebrated 100 days of banking operations with the launch of its ATM services as well as a pledge to continue to provide world class banking services to

Nigeria: Reassessing the Financial System IV

10.11.2008 23:49    allafrica.com
The governor of the Central Bank, Professor Chukwuma Soludo, and president of the Chartered Institute of Bankers of Nigeria who is also CEO of Intercontinental Bank Plc, Erastus Akingbola, have been talking up the Nigerian banking system.

Nigeria: Meltdown - CBN Dims Banks' Hope for Lifeline

10.11.2008 23:49    allafrica.com
The Central Bank (CBN) has said that banks found to be involved in unwholesome asset trading will be denied access to the recently introduced Discount Window (DW) designed to assist those that may run into financial crisis as a result

Nigeria: CIBN Moves to Stop Unethical Practices in Banks

10.11.2008 23:49    allafrica.com
Following cases of unprofessional practices by some Nigerian bankers, the Chattered Institute of Bankers of Nigeria (CIBN), has started compiling list of all bankers in Nigeria to punish erring ones.

Nigeria: Restoring the Lost Glory

10.11.2008 23:49    allafrica.com
Erastus Akingbola and his team and the Chartered Institute of Bankers of Nigeria are charting a path they believe would lead to the restoration of past glory of the banking profession, Babajide Komolafe reports.

Uganda: Global Trust Bank Opens to Public

10.11.2008 23:49    allafrica.com
GLOBAL Trust Bank on Friday commenced operations with a bang.

Nigeria: Ecobank, Ekpe Win African Investor/Unido Awards

10.11.2008 23:49    allafrica.com
For the second time in one month, Ecobank Transnational Incorporated (ETI) has received global acclaim for innovation, leadership and excellent banking services across the African continent, as the Pan African Bank and its CEO, Mr. Arnold Ekpe have won the

Zimbabwe: Queues at Banking Halls Distressful

10.11.2008 23:49    allafrica.com
WHEN the Reserve Bank announced the increase of the withdrawal limit to $500 000, the news was initially received very well. But not for long.

Nigeria: Practicing Banking the Old Way

10.11.2008 23:49    allafrica.com
The Nigeria Deposit Insurance Corporation 2007 annual report has shown that some banks were yet to imbibe the tenets of the Code of Corporate Governance issued by the CBN in 2006, Babajide Komolafe writes

Nigeria: Efina Intervenes in Pro-Poor Finance

10.11.2008 23:49    allafrica.com
The disadvantaged position of the poor in Nigerian in accessing finance may soon abate, if the efforts of a non-governmental organisation (NGO), "Enhancing Financial Innovation & Access (EFInA), sail through.

Nigeria: World Bank Offers Nigeria $3 Billion Loan

10.11.2008 23:49    allafrica.com
The World Bank has offered Nigeria $3 billion facility to enable the President Umaru Yar'Adua improve education, health, roads, and agriculture with a view to reducing the nation's poverty rate and living standards of the people.

Botswana: Stanbic New Boss Ready for Challenges

10.11.2008 23:49    allafrica.com
Stanbic Bank Botswana recently appointed Leina Gabaraane as its Managing Director, the first Motswana to attain the exulted position. Staff Writter WANETSHA MOSINYI recenttly caught up with the media shy Gabaraane:

Nigeria: Banks Close Shop in Abia Over Abductions

10.11.2008 23:49    allafrica.com
About seven commercial banks operating in Abia State have closed their doors against customers in protest against the spate of kidnap incidents in the state.

Zimbabwe: How Does Masimirembwa Know About Bank Balances?

10.11.2008 23:49    allafrica.com
I was intrigued by the call by National Incomes and Pricing Commission chairman, Godwills Masimirembwa, who is obviously struggling to remain relevant in a situation where his office has always been just another of Zanu PF's costly indulgences, for a

Botswana: NDB Seeks Approval to Raise Borrowing Limit

10.11.2008 23:49    allafrica.com
As it embarks on a strategy to improve revenue growth and operational efficiency, the National Development Bank (NDB) seeks to increase its borrowing limit to P1 billion from the current ceiling of P400 million.

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