Nigeria
FG Rakes in 8Bn from Banks’ IT Levies
Eleven Nigerian banks paid about N8.08bn Information Technology-related levies to the government in 2019, the audited financial reports of the banks have shown. ...
Nigeria
Meeting needs when it matters: NAICOM Partners FITC on post crisis impact on the Insurance industry
The COVID-19 pandemic has thrown significant challenges to businesses across the globe. The impact of this devastating crisis brought by the pandemic affects ...
Nigeria
Ecobank posts $90million Profit Before Tax in Q1 2020
Ecobank posts $90million Profit Before Tax in Q1 2020 – Ecobank Nigeria Limited has recorded $90 million Profit Before Tax (PBT) in the first quarter ...
Nigeria
NIRSAL Microfinance Bank begins CBN N50bn COVID-19 facility disbursement
NIRSAL Microfinance Bank, NMFB, has commenced the disbursement of the Central Bank of Nigeria, CBN, N50 billion COVID-19 facility to beneficiaries. The Managing ...
Nigeria
Buhari appoints Thomas as Commissioner for Insurance/CEO NAICOM
President Buhari has approved the appointment of Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM), the finance ...
Nigeria
UBA Delivers Impressive Returns on Investment, as Shareholders Applaud Bank’s Support in Fight against COVID-19
In his opening statement. UBA’s Group Chairman, Tony O. Elumelu, noted that this was a very special meeting, held in extraordinary circumstances. Leading ...
Nigeria
FIRS Gives Deadline on Tax Interests, Penalties Waiver
Federal Inland Revenue Service (FIRS) is to waive interests accruable to debts as well as the related penalties for defaulting taxpayers if they ...
Nigeria
Interswitch Group Unveils Coordinated Interventions to stem Pandemic
Demonstrate commitment and effective leadership in the fight against pandemic. Commit to bold coordinated actions in response. The Interswitch Group, one of Africa’s ...
News
FBN’s Firstmonie Maintains lead in Agent Banking, Continues to deepen financial Inclusion
In this COVID-19 era where movement is restricted in some major parts of the world including Nigeria – with many Banks and business ...
Nigeria
CBN Resumes Dollar Sales for SMEs, School Fees
The Central Bank of Nigeria (CBN) says it has resumed the provision of foreign exchange to commercial banks for onward sales to small and ...