The Federal Inland Revenue Service (FIRS) has directed banks to immediately identify and shut down any unauthorised tax and levy…
NIGERIA’S banking sector has recorded encouraging developments in its ongoing recapitalisation efforts as of April 25, 2025. The Central Bank…
In this piece, JOSEPH INOKOTONG reports how the Central Bank of Nigeria (CBN’s) banks’ recapitalization aligns monetary, fiscal policies with…
The Central Bank of Nigeria (CBN) has called on banks to deliver better value and ensure greater transparency in their…
NIGERIA’S banking sector is experiencing a wave of recapitalisation activities as lenders respond to the Central Bank of Nigeria’s (CBN)…
US President Donald Trump’s proposed 14 percent tariff on Nigerian exports such as cocoa, fertilisers, and ginger could significantly erode…
IN a surprising move that underscores the complexity of Nigeria’s monetary environment, Nigerian banks deposited a total of ₦5.2 trillion…
.CIBN Inducts 1,270 Professionals AT the Chartered Institute of Bankers of Nigeria’s (CIBN) annual induction and prize awards ceremony, former…
NIGERIAN banks are increasingly relying on costly short-term commercial papers (CPs) to address liquidity challenges as the Central Bank of…
The Nigeria Deposit Insurance Corporation (NDIC) has urged members of the public to continue their banking activities without fear, assuring…
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