Banking & Finance
-
157FG Records Tax Revenue Windfall, Banks’ Tax Rises 109.6%
There are indications that the Federal Government (FG) is having great times in its finances as its revenue from Value Added Tax (VAT)...
-
161Nigeria Seeks Fresh $500m W’Bank Loan for Education
The Federal Government is discussing with the World Bank the possibility of securing a $500m loan to support basic education. This is...
-
162World Bank to FG: Conduct Audit to Reconcile What NNPC Owes Federation
The World Bank yesterday urged the federal government to carry out an audit to reconcile what the Nigerian National Petroleum Company Limited...
-
188CBN Verifying Disputed $2.4b FX Claims –Cardoso
The Central Bank of Nigeria has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth...
-
151Bank Recapitalisation Key to Unlocking Nigeria’s $1trn Economy –Cardoso
The Governor, Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that the ongoing recapitalisation of commercial banks in the country is...
-
59Banks Refund ₦7.05b, $714,569 to Customers –CBN
The Central Bank of Nigeria has revealed that banks operating in the country have refunded about N7.05bn and $714,569.03 to customers following...
-
120FG Introduces Tax Payment in Installments
The Federal Government has proposed introducing a tax payment option that enables individuals to pay their taxes in instalments. It introduced this...
-
206New Bill Mandates Tax ID for Opening Bank Accounts
A new bill has been proposed in Nigeria that will require individuals engaged in banking, insurance, stock-broking, or other financial services to...
-
194CBN Assures Public on Financial System Stability, Safety of Funds
The Central Bank of Nigeria, CBN yesterday assured the public of its commitment to the stability of the financial system and safety...
-
180No Failed Bank Depositor Will Lose Funds –NDIC
Nigeria Deposit Insurance Corporation (NDIC) has assured that no failed bank depositor will lose their funds should there be any failure. Speaking at...
