Tag: 000

BMCE Bank of Africa launches second edition of African Entrepreneurship Award supporting innovative entrepreneurs in Africa

February 18, 2016/AEA The BMCE Group Bank of Africa announces the second edition of the African Entrepreneurship Award (https://AfricanEntrepreneurshipAward.com) set to kick off on Monday, February 15. The African Entrepreneurship Award, initiated by its President Othman Benjelloun, shows BMCE Bank of Africa’s ambition to foster entrepreneurship in Africa by rewarding […]

Customers lament as banks begin stamp duty implementation

Banks in the country have begun the implementation of the Central Bank of Nigeria’s directive that they should start charging N50 on every lodgement in current accounts worth N1,000 and above amidst outcry from customers. Investigation by our correspondent showed that some operators of Small and Medium Enterprises were not […]

Nigeria central bank cracks down on money laundering

* Forex dealers to be monitored more closely * Money laundering putting pressure on naira currency * Political corruption partly responsible – central bank     Nigeria’s central bank has announced new measures to tackle money laundering it says is weakening the naira currency and risks pushing up inflation, and […]