Banking & Finance
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236World Bank May Approve $500m Loan to Nigeria Today
The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday)...
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305Banks Lost ₦42.33b to Fraud in Six Months –Report
Banks in Nigeria have reported a staggering N42.33bn in fraud-related losses over the first two quarters of 2024, with increases recorded across...
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282Nigerians Pay ₦1.5tr Despite Declared ₦15tr Income –Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms in Nigeria, Taiwo Oyedele, has said that personal income tax...
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159Bank Directors Advise Tax Reforms Committee on Collaboration
The Bank Directors Association of Nigeria has called on the Presidential Fiscal Policy and Tax Reforms Committee to continue to maintain an...
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419Nigeria’s VAT collection hits ₦1.78 tr in Q3 2024
The Nigerian government raked in the sum of N1.78 trillion from Value Added Tax (VAT) in the third quarter of 2024. The...
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315FCMB Group Plc Reports 67% Profit Before Tax Growth to ₦91.8 Billion
FCMB Group Plc has announced a 67% growth in Profit Before Tax (PBT) to ₦91.8 billion for the nine months ended September...
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313
Derivation Formula’ll Reduce Inequitable Resource Distribution –Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, yesterday argued that the derivation formula in the...
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210Banks, NIBSS Collaborate to Drive Financial Inclusion
In a move to enhance financial inclusion and revolutionise the digital payment landscape in Nigeria, the United Bank for Africa, on behalf...
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224
‘We’ll Not Withdraw Tax Reform Bills, Committee Ready to Re-engage Stakeholders’
Chairman, Presidential Advisory Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, yesterday, said the federal government did not intend to withdraw...
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198
CBN Cracks Down On Banks Over Anti-Money Laundering, Counter-Terrorism Breaches
To safeguard Nigeria’s financial system, nurse the economy back to good health and restore investor confidence, the Central Bank of Nigeria (CBN)...
