Banking & Finance
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208FIRS Pledges to Raise Tax-to-GDP Ratio, Improve Tax Compliance
The Federal Inland Revenue Service (FIRS), yesterday said it was determined to drive Nigeria’s tax-to-Gross Domestic Product (GDP) ratio by improving tax...
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187DBN Disburses ₦272b to Women Businesses
The Development Bank of Nigeria (DBN) has disbursed more than N272 billion to over 518,170 women-owned businesses, making up 74 percent of...
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215FCMB Group Projects ₦36.6b Profit in Q2
FCMB Group has projected a profit after tax of N36.6bn for the second quarter ending June 30, 2025. The group’s earnings forecast...
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239Standing Lending Facility: Banks Borrowed ₦33.97tr from CBN in Two Months
In an effort to run their day-to-day business operations and liquidity constraints in the interbank money market, Deposit Money Banks (DMBs) and...
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159Govt to Integrate Remitta into New System –OAGF
The Office of the Accountant-General of the Federation has clarified that the Federal Government has not abandoned Remitta as its approved Central...
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172
CBN Reinforces Regulations to Strengthen Financial System
The Central Bank of Nigeria has reinforced its regulatory oversight to bolster the resilience and transparency of the country’s financial system, reaffirming...
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248Our Target is to Liquidate Failed Banks Without Litigation –NDIC
The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan said the target of the corporation is to continue the...
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255Nigeria’s Banking Fraud Tripled From ₦11bn to ₦52bn in 4yrs –NIBSS
Fraud transactions in Nigeria’s banking system have tripled over the past four years from N11 billion to N52 billion, statistics from the...
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180World Bank Approves $2.2b Fresh Loans for Nigeria
The federal government is expected to receive fresh loans from the World Bank, totalling $2.2 billion in 2025. According to the Washington-based...
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178
Banks‘ll be Liable for Failure to Protect Customers Data –FCCPC
In bid to strengthen compliance as well as protect consumers’ rights, the Federal Competition and Consumer Protection Commission (FCCPC) at the Weekend...
