Tag: Banking

Nigeria’s currency redesign and withdrawal limits: questionable policy and bad timing

The Central Bank of Nigeria launched new banknotes in November 2022. The

Seychelles: Apex Bank CBS Maintains Policy Rate at Relaxed 2% for First Quarter of 2023

The Central Bank of Seychelles (CBS) has maintained the country's monetary policy

Egypt: Central Bank Makes Exceptions for Limits on Overseas Cash Withdrawals

The Central Bank of Egypt (CBE) has ordered banks to remove the

Nigeria: CBN Raises Maximum Weekly Cash Withdrawal Limit Amid Public Outcry

The Central Bank of Nigeria(CBN) has raised the maximum weekly limit for

Egypt: Saudi Arabia’s Public Investment Fund se to Take-over The United Bank in a $600million Deal

Saudi Arabia’s Public Investment Fund (PIF) is in advanced talks on the

Nigeria: Central Bank Limits Weekly Cash Withdrawal to N100,000

The Central Bank of Nigeria (CBN) has issued a directive which limits

Uganda: Finance Trust Bank Launches Halal Account

Uganda's Finance Trust Bank, on Thursday October 20, 2022, launched the country's