March 28, 2017/Punch Sterling Bank Plc says it has attracted a $15m facility from the Islamic Corporation for the Development of the Private Sector, a multilateral development financial institution and a part of the Islamic Development Bank Group. In a statement on Monday, the lender said the development was in […]
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Pressure grows on Nigeria’s central bank governor
March 28, 2017/Reuters By Ulf Laessing, Karin Strohecker and Sujata Rao Earlier this year, an open letter in the Nigerian media from a group of businessmen attacked the “shameful” record of central bank governor Godwin Emefiele and demanded that he should go. With Africa’s largest economy in recession for the […]
South Africa’s rand, government bonds tumble as political risks weigh
March 28, 2017/Reuters South Africa’s rand and government bonds extended losses early on Tuesday after President Jacob Zuma asked Finance Minister Pravin Gordhan to return early from an investor roadshow, triggering speculation of an imminent cabinet reshuffle. (Reporting by Olivia Kumwenda-Mtambo; Editing by Andrew Heavens)
