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The Sindh government has resolved to implement stringent measures against eateries, shopping centers, cafes, and biryani outlets that decline to accept debit/credit card transactions from customers. To enforce this, the Sindh Consumer Protection Authority within the Bureau of Supply Prices has initiated actions by serving warnings to notable restaurants in Clifton such as Karachi…
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By Buertey Francis BORYOR …pledges yearly assistance for young people’s growth FirstBank Ghana has provided a donation of GH₵ 50,000 to aid the Ga Mantse’s Educational Trust Fund. This contribution was made when they visited the paramount ruler of the Ga State, King Tackie Teiko Tsuru II, at his residence in Accra as part…
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Commonwealth Bank trims variable mortgage rate Australia’s biggest home lender has cut its variable mortgage rates in a sign the Big Four banks are competing harder for new customers – with more official relief expected. The Commonwealth Bank has trimmed its online-only mortgage by six basis points to 5.84 per cent for new customers.…
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The Central Bank of Kenya (CBK) disclosed that the average lending rate across commercial banks was 15.77%. Following the reduction of the base lending rate by 0.75%, which brought it down to 10%, the typical loan interest decreased by 0.64%. The Middle East Bank (K) Limited and Access Bank (Kenya) have the highest loan…
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The primary focus of an important three-day workshop held in Tripoli, the capital of Libya, was to secure private sector investments aimed at fostering peace, enhancing stability, and driving economic resurgence in the country. This event, organized by the African Development Bank in collaboration with the Libyan Ministry of Finance, underscored the significance of…
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In an periode where every minute counts and financial flexibility means everything, FamilyPayBank stands out as the ultimate solution for cardholders who demand seamless, secure, and speedy transactions. Whether you’re converting gift cards into cash, settling prepaid balances, or optimizing corporate card expenses, FamilyPayBank’s suite of services redefines what it means to handle card-based…
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Kathmandu [ Nepal ], May 10 (ANI): The Institute for Banking, Finance, and Insurance has announced Nepal ( BFIN ) in partnership with India- Nepal Center of the PhD Chamber of Commerce and Industry ( PHDCCI ) Successfully organized a high-level symposium entitled “Aspirational” Nepal How to Profit From It Economic Reforms at the…
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Cairo, Egypt — The Pan-African Payment & Settlement System (PAPSS) happily embraces the recent directive issued by the Central Bank of Nigeria (CBN), which outlines major simplifications in the paperwork needed for PAPSS transactions within Nigeria. The forward-thinking initiative, introduced on April 28, 2025, paves the way for quicker, more economical, and broader involvement…
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The Economic and Financial Crimes Commission (EFCC) has recently cautioned PoS operators throughout Nigeria, emphasizing their obligation to rigorously follow financial rules and enhance KYC protocols to combat the increasing incidence of financial crimes. During an interaction with the Association of Mobile and Bank Agents of Nigeria (AMBAN) on Wednesday, May 7, in Kaduna,…
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By Michael Foli Jackidy Ho (V/R), May 8, GNA – In an effort to boost digital education and improve teaching and research capabilities, Stanbic Bank Ghana has generously donated ICT equipment to the University of Health and Allied Sciences (UHAS) located in Ho. The donations consist of 10 laptops, 20 tablets, one 85-inch smart…