Standard Bank Securities: Banks under our coverage could pay N217bn as proposed windfall tax – The Cable News

By Bunmi Aduloju The Standard Bank Group (SBG) Securities says banks under its coverage could pay N217 billion in the proposed windfall tax. In a report on Thursday,…

Central Bank’s Misguided Policies Under Cardoso Have Worsened Naira, Strangled Nigerian Economy – Civic Organisation – Sahara Reporters

By Sahara Reporters The Nigeria Must Win Network (NMWN), a civil society, has stated that interventions under the Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso’s leadership…

Alleged N17.8bn Debt: Court Orders CBN, EFCC to Investigate Afex Accounts in 28 Banks – This Day News

By Wale Igbintade A Federal High Court in Lagos has ordered the Central Bank of Nigeria (CBN) and the Economic and Financial Crime Commission (EFCC) to carry out…

CBN resumes dollar sales to BDCs, halts Naira depreciation – Vanguard News

By Babajide Komolafe Directs BDCs to sell at N1,471/$ The Central Bank of Nigeria, CBN yesterday, announced the resumption of dollar sales to bureaux de change, BDCs, a development that…

CBN projects external reserves to dip in 2024 – Punch News

By Oluwakemi Abimbola The Central Bank of Nigeria has projected that the external reserves could reduce slightly in 2024 on the back of debt service and other obligations. This…

BoI to invest in green financing, modular refineries – Daily Trust

By Philip Shimnom Clement As part of initiatives designed to maximise growth and boost local investments, the Bank of Industry (BoI) has announced that it will explore new…

Shettima Seeks Sustainable Global Collaboration On Financial Inclusion – Leadership News

By Jonathan Nda-Isaiah Vice President Kashim Shettima has said there is an urgent need for financial innovation to drive Nigeria’s economic and financial inclusion agenda. This is in line with the…

4 months withheld salaries: Tinubu directs Ministers of Finance, Education to work out modalities for payment – Vanguard News

By Johnbosco Agbakwuru, Abuja President Bola Tinubu has directed the Ministers of Finance, Wale Edun and Education, Prof Tahir Mamman to work out the modalities for the payment…

Concerns Mount over Retroactive Taxation of Banks’ Profit in Finance Bill – This Day News

By This Day * Edun: No plan to reintroduce beverage tax *Lawmakers slash salaries by 50% over nationwide hunger  *Atiku: The demon is in your allowance, not salaries, commends decision…

Fintava deepens financial inclusion with banking technology – Punch News

By Justice Okamgba Nigerian fintech company Fintava is broadening access to financial services in the country through its innovative banking-as-a-service technology, promoting financial inclusion for underserved populations. According to…