Central Bank of Nigeria Establishes Minimum Capital Base Requirements for Banks
The Central Bank of Nigeria has introduced revised minimum capital requirements for banks in a move aimed at bolstering their resilience and fortifying the country’s […]
Articles by Steven Addamah
US Court Sentences Son of Guinea-Bissau’s Former President for Drug Trafficking
The offspring of Guinea-Bissau’s former president has been handed a sentence exceeding six years in a US court for orchestrating an international heroin trafficking operation. […]
Uganda: Salaam Bank Launches First Islamic Bank
In Uganda, Salaam Bank Limited, a unit of the Djibouti-based Salaam Group, commenced operations on Wednesday as the nation’s inaugural Islamic banking-compliant financial institution, as […]
Escape from Custody: Binance Executive Detained in Nigeria Amid Crypto Crackdown
A leader from the cryptocurrency exchange Binance has reportedly absconded from custody in Nigeria, where authorities have initiated a criminal investigation into allegations of the […]
Main South African Opposition Party Open to ANC Deal
South Africa’s Democratic Alliance (DA), the nation’s second-largest party, has indicated its readiness to explore potential collaboration with the ruling African National Congress (ANC) should […]
Homecoming: Over 150 Abducted Schoolchildren in Nigeria Return After Weeks in Captivity
More than 150 Nigerian schoolchildren, who had been held captive for over two weeks, were successfully rescued and returned to their home state in northwestern […]
Southern Africa Faces Hunger Crisis: Malawi Declares Drought Disaster Following Zambia’s Lead Amidst El Niño Impact
Malawi, in southern Africa, has declared a state of disaster due to drought affecting 23 of its 28 districts, urgently seeking over $200 million in […]
President Tinubu Implements Ban on Foreign Trips for Nigerian Government Officials
Nigeria’s President Bola Tinubu is set to impose a three-month embargo on ministers and other government officials from engaging in publicly funded foreign trips, as […]
Bitter Opposition: Kenya Considers Sending Police to Quell Gang Violence in Haiti
Kenya’s initiative to lead a UN-backed mission in Haiti faces backlash domestically amid escalating violence in Haiti. President William Ruto’s proposal to deploy 1,000 police […]
Kenya’s KCB Group to sell its NBK Bank
Kenyan KCB Group plans to sell its subsidiary National Bank of Kenya (NBK), the second biggest lender in the country, the Daily Nation newspaper reported. […]