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Finance

Nigeria: Banks’ Borrowing From Central Bank Window Surges

By Footprint to AfricaJune 4, 2018

Commercial and merchant banks in the country visited the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF) window, a window for banks to borrow from…

Finance

Kenya: National Bank Posts Sh278.5m Loss in First Quarter

By Footprint to AfricaJune 1, 2018

Troubled lender National Bank of Kenya (NBK) slipped into the red in the first three months of the year weighed down by lower interest income. The mid-sized…

Finance

Uganda: MPs Okay Taxes On Social Media

By Footprint to AfricaMay 31, 2018

Parliament yesterday passed the controversial taxes on mobile money transaction and social media use amid strong protests from some members. The new law will impose a…

Finance

East African Lender, KCB Group among Global Banks Selected to Change Banking Sector Business Models

By Dennis LukhobaMay 30, 2018

KCB Group, East Africa’s largest commercial Bank, has been named among 26 leading banks from 19 countries across the world that will work together to change…

Finance

Nigeria: E-payment Stakeholders Tasked On Cost, Shared Services And Integrity

By Footprint to AfricaMay 28, 2018

The nation’s financial technology operators in the payment system and banks have received a charge to work at increasing collaborations and cooperation that would enable effective…

Finance

Nigeria: Stock Market Indices Dip By 1.01%

By Footprint to AfricaMay 26, 2018

The Nigerian Stock Exchange (NSE) market capitalisation on Friday for the fifth consecutive trading day closed negatively, dipping further by N145 billion. The News Agency of…

Finance

Nigeria: NSE Indices Dip Further By N155 Billion in Bearish Trading

By Footprint to AfricaMay 25, 2018

The bears strengthened their hold on the equity sector of the Nigerian Stock Exchange (NSE), as virtually all the blue-chip stocks recorded price depreciation at the…

Finance

Google Grants Sh200m For Top Kenyan Non-profits

By Footprint to AfricaMay 24, 2018

Technology Firm Google has unveiled a Sh200 million grant for non-profit and social-based enterprises using technology to improve lives. The 12 finalists of the first African…

Finance

A Care Rwanda stand aimed at boosting financial inclusinon among the countrys youth

CARE International Project Provides Financial Inclusion to 750,000 Households in Rwanda, Burundi, Ethiopia and Côte d’Ivoire

By Dennis LukhobaMay 22, 2018

CARE International, a leading humanitarian NGO focused on poverty alleviation, has completed its POWER Africa project, which was aimed at increasing financial inclusion for 480,000 poor,…

Finance

Rwanda to Get First Fin-Tech Hub

By Footprint to AfricaMay 21, 2018

Rwanda will soon be home to a hub for financial technology (Fintech), boosting start-ups in the sector. As part of this effort, a French Fintechfirm is…

Browsing: Finance

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