Banking & Finance
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104CBN Dismisses Reports of FX Abuse in Oil Sector
The Central Bank of Nigeria (CBN) has dismissed recent media reports suggesting the misapplication of foreign exchange (forex) in the oil and...
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109FIRS: Reforms Reshaped Tax Ecosystem
The tax reforms leading to amendments to the tax laws including the Finance Acts, the Petroleum Industry Act, and various subsidiary legislations,...
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92FATF Delisting to Boost Foreign Investments in Nigeria –Agama
The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has hailed Nigeria’s removal from the Financial Action Task Force grey list,...
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85Bureau De Change Operators Decry Dollar Scarcity Amid CBN Reforms
The President of the Association of Bureau De Change Operators of Nigeria, Aminu Gwadebe, has raised concerns about the hardship that BDC...
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22NDIC Launches Drive to Safeguard Traders, Transporters from Fraudsters
The Nigeria Deposit Insurance Corporation (NDIC), has intensified its grassroots sensitisation campaign aimed at protecting traders and transport workers from falling victim...
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74Funding Squeeze Forces Banks to Stash ₦1.62tr at CBN
Liquidity pressures deepened in Nigeria’s interbank market last week as commercial banks continued to channel surplus funds to the Central Bank of...
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107Nigeria to Relaunch Currency Trade Scheme after Setback –CBN
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Nigeria is developing a new framework to enable the...
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49Bank failure: NDIC Assures Depositors ₦5m Compensation Failure
As part of efforts to boost public confidence in the banking system, the Nigeria Deposit Insurance Corporation (NDIC), has reassured depositors, especially...
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115
Naira Gaining Traction, eNaira to be Revamped –Cardoso
Cardoso represented Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy as G-24 Vice Chair. He said: “We’re part...
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106FCCPC Backs Central Bank’s 48-hour Refund for Customers
The Federal Competition and Consumer Protection Commission (FCCPC) has announced its support for the Central Bank of Nigeria’s (CBN’s) draft guidelines requiring...
