Banking & Finance
-
280AfDB Approves $5.52m Grant to Strengthen Tax Systems in Nigeria, West Africa
The African Development Bank Group (AfDB) has approved a $5.52 million grant aimed at strengthening tax administration and improving domestic revenue mobilisation...
-
217CBN Introduces 24-hour Watch List for Suspicious BVNs, Tightens Banking Rules
The Central Bank of Nigeria (CBN) has unveiled new regulations aimed at strengthening fraud control and digital banking security across the country....
-
243CBN Extends Anti-Money Laundering Compliance Deadline for Banks
The Central Bank of Nigeria (CBN) has given Deposit Money Banks 18 months to fully comply with its new baseline standards for...
-
248Nigerians Repaid ₦1.33tr Personal Loans in One Year –CBN
Nigerians repaid about N1.33tn in personal loans within one year as outstanding household borrowing declined sharply between November 2024 and November 2025,...
-
303CBN Directs Commercial Banks to Conduct Stress Tests
As the March 31, 2026, deadline set by the Central Bank of Nigeria (CBN) for the recapitalisation of Nigerian banks approaches, the...
-
234CIT Surges by 67% Amid Push for Higher Tax Revenue
Company Income Tax (CIT) collections soared to N2.96 trillion in the third quarter of 2025, a remarkable 67 per cent increase from...
-
19812 States Have Enacted Tax Harmonisation Law, Says Oyedele
No fewer than 12 states of the federation have enacted the Tax Harmonisation Law recently introduced by the Federal Government as parts...
-
226FG Begins Full Implementation of Tax Laws
The minister of finance and coordinating minister of the economy, Wale Edun on Tuesday in Abuja signed the presumptive tax regulations framework...
-
143Nigeria’s Net External Reserves Rises 50.5% to $34.8b –Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has disclosed that the nation’s Net External Reserves rose 50.5...
-
179
As CBN Mulls Capital Raise for MFBs, Operators Move to Strengthen Corporate Governance
The National Association of Microfinance Banks (NAMB) has reaffirmed its commitment to enshrine corporate governance at the core of members’ operation. Chairman...
