Banking & Finance
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129NFIU Targets Advanced Tech to Address Nigeria’s Financial Threats
The Nigerian Financial Intelligence Unit (NFIU) is ramping up efforts to combat financial crimes through advanced technology and enhanced collaboration as part of...
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32Ex. Central Bank Official Lists Four Pillars for Financial Stability
Kingsley Moghalu gives his view on economic crisis and the banking reform Efforts by financial institutions in Nigeria to achieve stability during...
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155Landmark Tax Reform: Senate Passes Bills for Second Reading
The Senate at plenary yesterday, passed the four tax reform bills for second reading, ignoring suggestions for its withdrawal for wider consultations....
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164‘Reforms Will Radically Transform Tax Administration for Efficiency’
The Chairman of the Federal Inland Revenue Service (FIRS), Zaccheus Adedeji, Director-General of the Budget Office, Tanimu Yakubu, and Chairman of the...
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174Reps Summon CBN, Bank Chiefs Over Unverified PoS Operators
The House of Representatives, yesterday, resolved to summon the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, and Chief Executive...
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137FX Platform: CBN Sets $100,000 Minimum Trade for Banks
The Central Bank of Nigeria has issued fresh guidelines for interbank foreign exchange trading via the Electronic Foreign Exchange Matching System, mandating...
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99CBN Extends BDCs’ Recap Deadline by Six Months
The Central Bank of Nigeria (CBN) will be extending the recapitalisation deadline for Bureau De Change (BDC) operators from December 3, 2024 to June...
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94BVN Enrollment Hits 64m –NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that the number of Banks Verification Number (BVN) enrollments is currently standing at 64.009 million....
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96Customers’ Deposits in Failed Heritage Bank Safe –NDIC
The Managing Director/Chief Executive Officer of Nigeria Deposit Insurance Corporation, Bello Hassan, has reassured customers of the failed Heritage Bank that their...
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112Recapitalisation: Banks Have Raised ₦1.7tr Via E-Offering –SEC
The Securities and Exchange Commission (SEC) has disclosed that banks have collectively raised about N1.682 trillion via e-offering in the ongoing recapitalisation exercise....
