Banking & Finance

Tax Committee Proposes Relief for Loss-Making Firms

The Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Taiwo Oyedele, has disclosed that the committee has put forward a...

155

Islamic Financing Rises to $3.8b, Says NAICOM Chief

The Islamic financing in the country has grown to about three per cent of the country’s total financial market with an estimated...

177

CBN Launches Initiatives to Drive Financial Inclusion

The Central Bank of Nigeria has officially launched three initiatives to drive financial inclusion in the country. The initiatives were launched at...

165

Tax Panel Proposes Relief for Loss-making Firms

The Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Taiwo Oyedele, has revealed that the panel has proposed tax relief...

89

Interest Rate, Others Drive Foreign Portfolio Investment Up by 170%

The Central Bank of Nigeria, CBN’s, high interest rate regime and foreign exchange policy have whetted the appetite of Foreign Portfolio Investors,...

151

Cardoso Showcases 1-Year Achievements, Commits to $1 Billion Remittance Target

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has outlined critical milestones in the bank’s ongoing economic reform agenda,...

163

Heritage Bank: NDIC Begins Loan and Asset Recovery to Settle Uninsured Deposits

Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC) Bello Hassan has disclosed that the corporation has commenced asset recovery and loan retrieval...