Banking & Finance
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85Tax-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...
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152Uninsured Depositors of Defunct Heritage Bank to Receive Liquidation Dividend
The Nigerian Deposit Insurance Corporation (NDIC), has revealed that the uninsured depositors of the defunct Heritage Bank will by the end of April, 2025, receive the first...
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69Pension Assets Surpassed ₦23tr in February –PenCom
The National Pension Commission (PenCom) has said that the total value of pension assets under management had surpassed N23 trillion as of...
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89AMCON’s ₦393b Levies Rile Tier-1 Banks’ Shareholders
Shareholders of Nigeria’s leading banks have expressed growing concern as contributions to the Asset Management Corporation of Nigeria (AMCON) by tier-1 financial...
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86Money Supply Hits ₦114tr Despite CBN’s Tightening Measures
Nigeria’s broad money supply rose to N114.22tn in March 2025 despite aggressive monetary tightening by the Central Bank of Nigeria, which raised...
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204EFCC, SEC Move to Hunt Down Ponzi Schemes Operators
The Economic and Financial Crimes Commission and the Securities and Exchange Commission have vowed to hunt down operators of Ponzi schemes nationwide....
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112
PenCom Commits ₦5.51tr Pension Fund to Boost Real Sector Growth
The National Pension Commission (PenCom) has said it committed a total of N5.51 trillion to asset classes that support long-term financing for...
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144CBN Insists Banks Must Recapitalise to Fund $1 Trillion Economy
The Central Bank of Nigeria (CBN), yesterday said it was inevitable to order the recapitalisation banks to fund, finance, and power the...
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77
Nigeria’s External Debt Servicing May Hit $5.2b –Fitch
Nigeria’s external debt service is projected to rise to $5.2bn this year, highlighting growing pressure on public finances despite ongoing economic reforms,...
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72Amid Fears Over CBEX, SEC Warns Against Unregistered Trading
The Securities and Exchange Commission (SEC) says the newly enacted Investments and Securities Act, 2025 (ISA 2025) makes it illegal to operate...
