Digital Finance growth outpaces confidence — Bridgforte
The rapid growth in digital finance is outpacing public confidence in the financial ecosystem, prompting the Bridgforte Centre for Global Impact to launch a new governance framework and the Trust Lab to strengthen trust in platform-led finance.
Illegal fees: NAICOM to wield big stick on perpetrators
As part of ongoing efforts to sanitise the insurance industry of unethical practices, the National Insurance Commission, NAICOM, has said that henceforth, it is a punishable offence for insurance companies to pay fees on any insurance business transaction except as provided by insurance law.
Ecobank’s largest shareholder seeks evaluation of growth rate
Ecobank Transnational Inc. (ETI)’s board must reconsider the speed at which the pan-African lender expands after allegations of management fraud and poor governance, South Africa’s Public Investment Corp. said.
APR shareholders approve N700m dividend
Shareholders of Africa Prudential Registrars, APR, have approved the N700 million dividends proposed by the Board and management of the company for the financial year ended Dec. 31, 2013.
Skills gap, bane of baking industry in Nigeria— Honeywell
Despite large number of bakeries in the country, Honeywell Flourmills Plc has identified skill gap in baking.
Uganda, joins Nigeria, Kenya in developing derivatives trading
Uganda is set to join Kenya and Nigeria in developing derivatives trading as the nation’s markets regulator approved plans for another Stock Exchange in East Africa’s third-biggest economy.
