Banking & Finance
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391CIT Surges by 67% Amid Push for Higher Tax Revenue
Company Income Tax (CIT) collections soared to N2.96 trillion in the third quarter of 2025, a remarkable 67 per cent increase from...
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33712 States Have Enacted Tax Harmonisation Law, Says Oyedele
No fewer than 12 states of the federation have enacted the Tax Harmonisation Law recently introduced by the Federal Government as parts...
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398FG Begins Full Implementation of Tax Laws
The minister of finance and coordinating minister of the economy, Wale Edun on Tuesday in Abuja signed the presumptive tax regulations framework...
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313Nigeria’s Net External Reserves Rises 50.5% to $34.8b –Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has disclosed that the nation’s Net External Reserves rose 50.5...
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358
As CBN Mulls Capital Raise for MFBs, Operators Move to Strengthen Corporate Governance
The National Association of Microfinance Banks (NAMB) has reaffirmed its commitment to enshrine corporate governance at the core of members’ operation. Chairman...
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396Nigeria’s W’Bank IDA Debt Hits $18.7b
Nigeria’s debt to the World Bank’s concessional lending arm, the International Development Association, surged by $1.9bn in just one year to reach...
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525Market Expects Improved FX Liquidity as 82 Recapitalised BDCs Get $150,000 Weekly
Expectations of improved foreign exchange liquidity have strengthened across Nigeria’s financial markets following the decision of the Central Bank of Nigeria (CBN)...
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503
CBN, AU Collaborate on Monetary Integration Agenda
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said the bank will strengthen cooperation with continental partners following Nigeria’s...
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425FRC Sets April Deadline to Enforce Audit, Assurance Firms’ Register
The Financial Reporting Council of Nigeria (FRC) has warned audit firms and other assurance service providers who fail to complete their registration...
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605₦1.5tr yet to be Recovered from 50 Failed Banks, 100 MFBs –NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has intensified efforts to recover an estimated N1.5 trillion in outstanding debts and assets trapped in...
