Banking & Finance
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228IMTO Inflows Up 47% to $2.33b in Six Months
Data released by the Central Bank of Nigeria (CBN) showed that Inflows through International Money Transfer Operators (IMTOs) grew by 47 per...
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198NSITF Moves to Ensure Security in Agency Banking, Fintechs
In a bid to enhance the security and welfare of workers in the informal sector, the Nigeria Social Insurance Trust Fund (NSITF) has...
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185CBN to Use Any Tool to Fight Inflation –Cardoso
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank is prepared to use any tool...
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169FG Plans Tax Overhaul to Access $750m W’Bank Loan
The Federal Government is pressing ahead with critical tax reforms not just to boost tax revenue and efficiency but also to meet...
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258
‘₦5m Insurance Coverage will Enhance Depositors’ Safety Nets’
At the weekend, Mukhail Abiru, Chairman of the Senate Committee on Banking, Insurance and other Financial Institutions, stated that the recent increase...
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298CBN: No Retirement Date for Old Naira Banknotes, Remain Legal Tender Indefinitely
The Central Bank of Nigeria (CBN), yesterday said it does not intend to discontinue the circulation of the old series of N200,...
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313
BVN Platform for Nigerians in Diaspora Ready by December –Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the bank verification number (BVN) platform will be launched...
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305
Recapitalisation: Investors’ Verification Stalls Bank Shares Allotment
As the initial phase of capital raising activities concludes, financial analysts have attributed the delay in the allotment of shares to the...
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216FG Records Tax Revenue Windfall, Banks’ Tax Rises 109.6%
There are indications that the Federal Government (FG) is having great times in its finances as its revenue from Value Added Tax (VAT)...
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251
Nigeria Seeks Fresh $500m W’Bank Loan for Education
The Federal Government is discussing with the World Bank the possibility of securing a $500m loan to support basic education. This is...
