Ramadan is a time for daytime fasting and lavish evening feasts, but Egyptians are scaling back preparations for the Muslim holy month this year after austerity measures fuelled decades-high...
US central bank policymakers want to see proof the country's economic slowdown is temporary before they raise interest rates, according to minutes of their latest meeting. They said it would be...
The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year, following extensive engagements with stakeholders in the financial sector. This is...
Was North Korea behind the ransomware epidemic that hit global computer networks earlier this month? That's the subject of heated debate in cybersecurity circles after analysts found similarities in...
Professor of Marketing and International Business in the Faculty of Business and Economics at the University of Winnipeg and Editor-in-chief of International Journal of Business and Emerging Markets;...
The Agricultural Development Bank (ADB) has disclosed that its plan to secure where it is currently headquartered, will ultimately save the bank about 24 million cedis annually. ADB’s earlier...
US central bankers say the time will "soon" be right to once more raise the key lending rate, according to the minutes of the last Federal Reserve meeting released Wednesday. Monetary policymakers...
New York state bank regulators fined BNP Paribas $350 million for "illegal, unsafe and unsound" currency trading practices that included use of secret hand signals to dupe customers, officials...
US lawmakers have demanded documents from German banking giant Deutsche Bank detailing its ties with President Donald Trump and his dealings with Russia. It was the latest twist in the high-stakes...
A football superstar, a former warlord and a soft drinks millionaire have thrown their hats into the ring for the post of Liberian president as Africa's first elected female leader prepares to step...
The Private Enterprise Federation has lauded the move by the Bank of Ghana to reduce the MPC rate by 100 basis points although they admit that a further reduction would have had a greater impact on...
The central bank is putting on hold its move to announce a further increase in the minimum capital requirement for commercial banks in the country, 3FM Business can confirm. The Bank of Ghana had...
The Gambia’s former ruler Yahya Jammeh stole at least $50m from the state, the country’s justice minister said on Monday, in the first major anti-corruption move by the country’s new president....
First Atlantic Bank recently opened branches at Kasoa and Madina near Accra to bring its services closer to clients and offer them suitable banking. Karen Akiwumi-Tanoh, Board Chairman of the Bank,...
The country's most avid indigenous banking service providers’ uniBank Ghana Limited has supported the National Disaster Management Organisation (NADMO) with items estimated at GHc500, 000.00 The...
Ecobank has announced the finalists in the ‘Ecobank Fintech Challenge,’ a competition for African technology start-ups. The list includes 20 innovators from across the continent. The startups...
Veteran Ghanaian actor, Kofi Bucknor is dead. He died in the early hours of Tuesday, May 23, 2017. He was 64. It is unknown what caused his death. He was born in 1953 in Cape Coast. He is known for...
Oil producers inside and outside the OPEC cartel have little choice but to extend their deal from late 2016 curbing output when they meet in Vienna on Thursday, analysts say. Less predictable however...
GN Bank took four out of five awards at the Western Union-Ecobank Subagents Awards dinner GN Bank, a member of the Groupe Nduom conglomerate, led by its Remittances and Diaspora Service Department,...
The Gambia's former president stole "at least" $50m (£38.4m) from the state before he left the country in January, the justice minister has said. Yahya Jammeh is accused of withdrawing the money via...
