Banking & Finance
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185‘Nigerian Tax Laws not Conducive for Growth’
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that the current tax laws in...
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128CBN to Banks: Stop Limiting ATM Withdrawals to Below ₦20,000
The Central Bank of Nigeria (CBN) has issued a strong warning to banks that restrict customers from withdrawing up to N20,000 per...
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160FG Stops MDAs from Operating Accounts with Commercial Banks
The Federal Government has directed Federal Pay Officers (FPOs) across the country to ensure that Ministries, Departments, and Agencies (MDAs) in the...
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149House Passes Tax Reform Bills for Second Reading
The House of Representatives yesterday passed the controversial tax reform bills submitted by President Bola Tinubu for second reading. The bills are:...
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182‘Nigeria Got $52b from Afreximbank, Largest in Africa’
Nigeria has received a cumulative disbursement of approximately $52bn from the African Export-Import Bank, making it the largest beneficiary of the bank’s...
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112CBN Reviews ATM Transaction Fees, Scrap Free Withdrawals
The Central Bank of Nigeria (CBN) has announced a review on the transaction fees for automated teller machines (ATMs). In a circular...
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114
CBN Announces Rescheduled February 2025 MPC Meeting
The Central Bank of Nigeria (CBN) has announced a new date for the 299th meeting of its Monetary Policy Committee (MPC), shifting...
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118AfDB Dissatisfied with $210m Nigeria Agro-Industrial Zones Project
The African Development Bank has expressed dissatisfaction over the slow progress of the first phase of Nigeria’s Special Agro-Industrial Processing Zones project,...
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197CBN Caps BDC FX Purchase at $25,000 Weekly via Single Dealer Bank
The Central Bank of Nigeria (CBN) has introduced new guidelines that permit Bureau de Change (BDC) operators to purchase up to $25,000...
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183FG Seeks Fresh $580m W’Bank Loans
The Federal Government is engaging the World Bank for two fresh loans totalling $580m, which are expected to be approved in March...
