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Mauritius
Appleby
Moneylending is a crucial credit device in the world of financial services which plays a significant role in supporting economic growth and development.
Nigeria
Stren & Blan Partners
On March 28, 2024, the Central Bank of Nigeria ("CBN") issued a circular FPR/DIR/PUB/CIR/002/009 on the review of the minimum capital requirements for commercial, merchants, and non-interest banks ("Banks").
KPMG Nigeria
Several options are available to banks in their effort to raise
additional capital, a route we anticipate to be the first line of
action for most banks in achieving
Stren & Blan Partners
In February 2024, the Nigerian equities market faced volatility, resulting in a N1.3 trillion loss for investors.
Stren & Blan Partners
In February 2024, the Nigerian equities market faced volatility, resulting in a N1.3 trillion loss for investors. The NGX All Share Index depreciated by 2.4%, breaking a four-month growth streak.
Stren & Blan Partners
On January 31, 2024, the Central Bank of Nigeria (CBN) issued three (3) pivotal circulars addressing critical aspects of the financial landscape.
Koriat & Co
As of January 2023, Rwanda had about 5 million internet users with the country's internet penetration rate standing at 30.5% of the total population of 13.78 million.
Bloomfield Law
On April 9, 2024, the Economic and Financial Crimes Commission ("EFCC") in its monthly e-magazine Alert released a statement on the use of foreign currency ("FX") as a means of payment...
Pavestones Legal
Previously, navigating the Nigerian Foreign Exchange market could be a challenge for foreign businesses and investors.
Andersen in Nigeria
On 28 March 2024, the Central Bank of Nigeria (CBN) in line with Section 9 of the Banking and Other Financial Institutions Act (BOFIA) of 2020 released a circular...
Pavestones Legal
The Central Bank of Nigeria ("CBN") on March 28, 2024, published a circular reviewing the minimum capital requirements for Commercial, Merchant, and Non-interest Banks in Nigeria.
PUNUKA Attorneys & Solicitors
The Banking Sector Regulation Programme is a regulatory initiative of the Central Bank of Nigeria that requires banks operating in Nigeria, to increase their minimum paid-in common equity capital to a specified amount ...
Templars
If the 2008 global financial crisis and subsequent failures of various banks around the world have taught us anything, it is that regulatory capital is pivotal in sustaining the resilience of banks...
Bloomfield Law
On March 29, 2024, it was reported that stock investors gained Four Trillion, Four Billion Naira (N4,400,000,000,000) as the Nigerian Exchange Group (the "NGX") concluded the month positively...
Aarndale Solicitors
In recent years, crowdfunding has surged in popularity as a viable alternative investment option in Nigeria.
Saudi Arabia
Alvarez & Marsal
Kingdom of Saudi Arabia – 18 March, 2024 – Leading global professional services firm Alvarez & Marsal (A&M) has released its 4th annual edition of the Kingdom of Saudi Arabia (KSA) Banking Pulse for fiscal year 2023.
South Africa
ENS
Within the global trend towards sustainable finance opportunities and initiatives, green bonds have gained significant attention. Perhaps less well known, a sub-category of green bonds...
Adams & Adams
The Financial Advisory and Intermediaries Services Act ("the Act") defines a Financial Service Provider ("provider") as any person who...
ENS
Banks designated as systemically important financial institutions ("SIFIs") by the South African Reserve Bank ("Reserve Bank") and their holding companies will be required to meet minimum...
Shikana Group
How many of us in Tanzania know "informal" lenders who are lending millions per day to entrepreneurs?
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