Banking & Finance
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27Recapitalisation: 3,600 Bureau De Change Operators Risk Deregistration
There are indications that about 3,600 bureau de change operators might lose their registration as the deadline for recapitalisation given by the...
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132Currency in Circulation Hits ₦5.01tr as Cash Outside Banks Declines
Currency in circulation (CIC) in Nigeria climbed to N5.015 trillion in April 2025, up marginally from N5.003 trillion in March, according to...
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210Only 19% of Nigerians Pay Tax –FIRS
Faced with a worrying tax compliance crisis, the Federal Inland Revenue Service (FIRS) has revealed that only between 10 and 19 percent...
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179$750m Loan: World Bank Pressures Nigeria for Fresh Tax Hike
The World Bank has asked the Federal Government to issue a presidential order raising excise duties on “sin goods” such as alcohol,...
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111DBN Disburses ₦273.4b, Rewards Banks
The Development Bank of Nigeria has recognised outstanding partner financial institutions for their contributions to micro, small, and medium enterprise growth across...
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85CBN to Banks: Champion Diaspora Products, Cut Remittance Costs
Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has called on commercial banks to take full ownership of diaspora-focused financial products and...
