Finance Minister Inaugurates New National Investment Bank (NIB) Board, Hints At Major Recapitalisation Plan

(MENAFN- African Press Organization) ACCRA, Ghana, July 11, 2025/APO Group/ -- Finance Minister Dr. Cassiel Ato Forson has inaugurated a new 9-member board for the National Investment Bank (NIB), pledging a major government decision to...

Ghana Appoints Banking Veteran to Salvage Troubled National Investment Bank

The Ghanaian government has installed former CalBank CEO Frank Adu Jnr as chair of the National Investment Bank’s (NIB) new board, following a GH¢1.4 billion bailout approved by Finance Minister Dr. Cassiel Ato Forson. The move aims to end decades...

European Investment Bank approves €168M for second Malta-Italy interconnector

The European Investment Bank (EIB) has approved financing in the amount of approximately €168 million for the second electrical interconnector between Malta and Italy. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC...

IIFL Home Finance raises $100 million loan from Asian Infrastructure Investment Bank

Abu Dhabi Investment Authority (ADIA)-backed IIFL Home Finance has raised a $100 million loan from Asian Infrastructure Investment Bank (AIIB) for on-lending to India's economically weaker segments and to builders of low-cost apartments. This is...

FINANCE MINISTRY PLACED TWO- AND THREE-YEAR BONDS WORTH 91 MILLION LEI INSTEAD OF EXPECTED 106 MILLION LEI

With a total offer of 106 million lei, the Ministry of Finance placed two and three-year state bonds only for a little over 91 million lei. The National Bank of Moldova (NBM) informed the INFOTAG correspondent that the fixed yield on two-year...

Investor anxiety hits six-year high amid market turmoil, Allianz finds

New survey reveals heightened investor concern over market volatility, retirement readiness, and the impact of tariffs on living costs. A growing number of Americans say they’re too nervous to invest, with more than half adjusting their portfolios...

Investing in knowledge workers is important

Management consulting firm McKinsey argues, “Effective performance management systems [are] designed to help people get better in their work, and they offer clarity in career development and professional performance … companies that focus on their...

Investment Property in the South | Office Space for Rent/Sale

Sponsored | Article continues below . Nine partially furnished commercial office units available for rent or sale on the ground floor of a three-story building, located along St. Jude’s Highway in the Vieux Fort Industrial Estate, near the...

Finance minister hails creation of sanctions unit

Finance Minister Makis Keravnos on Friday hailed the planned creation of a national sanctions implementation unit, after parliament had given the plans the green light on Thursday night. “The unit’s creation confirms Cyprus’ commitment to adhering...

Investors’ wealth up by N1.76trn as NGX climbs N78.73trn

The equities investors’ wealth yesterday grew by N1.76 trillion as the Nigerian Exchange (NGX) market capitalisation soared to N78.73 trillion. The stock market sustained its bullish run to close Thursday’s trading session on a positive note,...

Bank of England rate cut 'almost certain' after poor economic growth

Recent growth figures have sparked discussions about a potential interest rate reduction in August to revitalise the flagging UK economy. The Office for National Statistics (ONS) disclosed on Friday that the UK economy experienced a second...

Financial cooperation: Egypt and China sign key trade agreements

The governor of the Central Bank of Egypt, Hassan Abdalla, welcomed his Chinese counterpart, Pan Gongsheng, the governor of the People's Bank of China, on Thursday, July 10. Key topics discussed included the establishment of agreements to...

IIFL Home Finance gets funding from Asian Infrastructure Investment Bank

Abu Dhabi Investment Authority (ADIA)-backed IIFL Home Finance has raised a $100 million loan from Asian Infrastructure Investment Bank (AIIB) for on-lending to India's economically weaker segments and to builders of low-cost apartments. This is...

Cryptocurrency chaos and the price of digital ignorance

The warning issued by the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, on the growing threat of virtual asset and investment scams across Africa deserves urgent national reflection. In his address...

Bank of Africa Executive Director sees new budget as inclusive

OPINION | Samir Yassine | The Shs 72.1 trillion budget for FY2025/26 sends a powerful signal that Uganda is open for business, and this time, the private sector is not just participating but leading the transformation. The allocation of Shs3.5...

Bank of Korea Holds Rates as Growth Concerns Ebb

Investors Race To Back The AI Winners Of Tomorrow

India has become a centre for AI development, boosted by events such as Mumbai Tech Week© 2025 Bloomberg Finance LP The race to cash in on the artificial intelligence boom continues, with investors rushing to identify the AI winners of tomorrow....

Association of State Financial Regulators Issues Guidance on Virtual Currency for Licensed Money Transmitters

Recognizing the evolving landscape of digital finance, the Conference of State Bank Supervisors (CSBS), an association of state financial regulators, issued advisory guidance on the treatment of virtual currency held on a licensed money...

Bank Muamalat Launches Ar-Rahnu BIZ: Up To RM5 Mln In Financing Using Gold As Collateral

KUALA LUMPUR, July 11 (Bernama) -- Bank Muamalat Malaysia Bhd today introduced Ar-Rahnu BIZ, a new shariah-compliant financing product designed specifically for registered companies (Sdn Bhd and enterprises) seeking quick access to capital of up...

Bank of England interest rate cut ‘almost certain’ after poor growth 

Friday 11 July 2025 12:22 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Rate cuts are heavily predicted for the coming months. Fresh growth figures have fuelled...