FirstBank Hits 27,000 Banking Agents, Deepens Financial Inclusion First Bank of Nigeria Limited says it now has over 27,000 agents on its Firstmonie agent network, as...
NERC’s Revenue Hits N5.5b The Nigerian Electricity Regulatory Commission (NERC) generated N5,535,581,000 as revenue in last year, The Nation learnt on Monday. The cash includes operating...
Government Inaugurates New SEC Board The Federal Government on Monday inaugurated the new Securities and Exchange Commission (SEC) board. Alhaji. Mahmoud Isa-Dutse, the Permanent Secretary of...
CBN to Embark on Another Recapitalisation Program In a move to reposition Nigerian banks among global counterparts, the Central Bank of Nigeria on Monday announced it...
CBN Increases Financial Inclusion Target to 95% The Central Bank of Nigeria on Monday increased its financial inclusion target from the previous 80 percent (by 2020)...
Nigerian Stock Exchange Sheds 0.65% Last Week Despite surged in the volume of trade, the Nigerian Stock Exchange recorded a slight decline last week. The NSE...
CBN, Banks to Build Database of Loan Defaulters In an effort to identify loan defaulters and reduce the size of bad debts in the banking sector,...
Visa to Boost Cross-border Payments Visa has announced the commercial launch of the Visa B2B Connect network. It is expected to give financial institutions the ability...
Banks’ Capital Adequacy Ratio Rises to 15.60% The Capital Adequacy Ratio (CAR) of commercial banks improved from the 15.14 per cent it was as of February...
Gratuities Are Tax Exempted, Says Tax Tribunal The Tax Appeal Tribunal, South East Zone, has said that gratuities are tax exempted under the Personal Income Tax...
