Banking & Finance
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129FIRS Orders Banks to Close Unauthorised Tax Collection Accounts
The Federal Inland Revenue Service (FIRS) has instructed all banks in Nigeria to immediately identify and close any tax and levy collection...
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73NDIC Warns Depositors Against Unlicensed Financial Institutions
The Nigeria Deposit Insurance Corporation (NDIC) has advised depositors to verify licensed insured deposit taking institutions before entrusting their funds. The corporation’s...
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42Debt Servicing Gulped ₦696b in January –CBN
The Federal Government’s precarious fiscal position worsened in January 2025 as debt servicing obligations exceeded total retained revenue by a wide margin,...
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65Heritage Bank: NDIC Begins ₦46.6b Payout to Top Depositors
The Nigeria Deposit Insurance Corporation has commenced the payment of N46.6bn as the first tranche of liquidation dividends to depositors of the...
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181CITN Pushes for Law to Curb Tax Evasion, Fraud
The Chartered Institute of Taxation of Nigeria (CITN) is pushing for a tax law which will make it difficult to evade tax. Speaking...
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81Tax-Exempted Firms Invested ₦2.53tr in Nigeria –FG
The Federal Government has revealed that the 107 companies which it granted tax exemptions collectively invested N2.53tn into the Nigerian economy before...
