Banking & Finance
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130FG Plans Tax Overhaul to Access $750m W’Bank Loan
The Federal Government is pressing ahead with critical tax reforms not just to boost tax revenue and efficiency but also to meet...
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118‘₦5m Insurance Coverage will Enhance Depositors’ Safety Nets’
At the weekend, Mukhail Abiru, Chairman of the Senate Committee on Banking, Insurance and other Financial Institutions, stated that the recent increase...
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253CBN: No Retirement Date for Old Naira Banknotes, Remain Legal Tender Indefinitely
The Central Bank of Nigeria (CBN), yesterday said it does not intend to discontinue the circulation of the old series of N200,...
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232BVN Platform for Nigerians in Diaspora Ready by December –Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the bank verification number (BVN) platform will be launched...
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242
Recapitalisation: Investors’ Verification Stalls Bank Shares Allotment
As the initial phase of capital raising activities concludes, financial analysts have attributed the delay in the allotment of shares to the...
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169FG 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)...
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181
Nigeria 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...
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200World 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...
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202CBN 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...
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164
Bank 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...
