Banking & Finance
-
172CBN Committed to Long-term Stability, Financial Inclusion –Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated the apex bank’s commitment to promoting long-term economic stability, financial...
-
199AfDB Approves $650m Annual Commitment to Boost Economic Growth
The Board of Directors of the African Development Bank Group (AfDB) has approved a new Country Strategy Paper (CSP) for Nigeria covering...
-
186CBN Emphasises Financial Inclusion
The Central Bank of Nigeria (CBN) has emphasised its commitment to financial inclusion for the greater benefit of the economy. CBN is...
-
195FIRS Orders Banks to Close Unauthorised Tax Collection Accounts
The Federal Inland Revenue Service (FIRS) has instructed all banks in Nigeria to immediately identify and close any tax and levy collection...
-
125NDIC Warns Depositors Against Unlicensed Financial Institutions
The Nigeria Deposit Insurance Corporation (NDIC) has advised depositors to verify licensed insured deposit taking institutions before entrusting their funds. The corporation’s...
-
114Debt Servicing Gulped ₦696b in January –CBN
The Federal Government’s precarious fiscal position worsened in January 2025 as debt servicing obligations exceeded total retained revenue by a wide margin,...
-
278Heritage Bank: NDIC Begins ₦46.6b Payout to Top Depositors
The Nigeria Deposit Insurance Corporation has commenced the payment of N46.6bn as the first tranche of liquidation dividends to depositors of the...
-
268CITN Pushes for Law to Curb Tax Evasion, Fraud
The Chartered Institute of Taxation of Nigeria (CITN) is pushing for a tax law which will make it difficult to evade tax. Speaking...
-
223Tax-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...
-
223
Uninsured 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...
