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10 Biggest banks in Kenya (2023)

The banking industry in Kenya has grown tremendously over the past ten years, with significant expansion into the entire East African region. The shift from conventional banking systems towards automation and local adaptation is a strong factor in this expansion. The existence of some of the continent’s leading banks is another factor. The Kenyan central …

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How to make money online in Uganda (2023)

Although there aren’t any get-rich-fast schemes that can turn you into a millionaire overnight, the internet does provide access to a wide range of options that weren’t previously available. In Uganda, there are numerous internet income opportunities. People are now working remotely, starting their businesses online, and finding jobs or doing freelance work online. This …

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CBN’s guidelines for regulation of foreign banks’ representative offices in Nigeria

A draft of the Guidelines for the Regulation of Representative Offices of Foreign Banks in Nigeria (the Guidelines) was released by the Central Bank of Nigeria (CBN) on October 12, 2022. This release is in relation to the CBN’s authority under the Banks and Other Financial Institutions Act, 2020 (BOFIA), which allows the apex bank …

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