Banking & Finance
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198Heritage 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...
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241CITN 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...
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167Tax-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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204
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...
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176Pension 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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176AMCON’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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151Money 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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239EFCC, 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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211
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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179CBN 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...
