Depositors’ reimbursement to receive major boost as NDIC, NIBSS set to sign MoU
Omeiza Bilal The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System (NIBSS) Plc. are set to sign...
Banking & Finance
Nigeria reaffirms commitment to economic stability at U.S–Nigeria Business Roundtable
Omeiza Bilal The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Monday, engaged senior business leaders...
Equity market appreciates 0.25%
The domestic equities market Wednesday sustained bullish momentum, gaining N245 billion as gains in medium and capitalised stocks impacted positively...
Domestic equities gain N13bn
Trading on the floor of Nigerian Exchange on Tuesday sustained upward trajectory, gaining N13 billion. This resulting in Market capitalisation...
CBN revokes operating licenses of Aso Savings, Union Homes
Omeiza Bilal The Central Bank of Nigeria (CBN) has revoked the operational licenses of Aso Savings and Loans Plc and...
NDIC commences liquidation process for Aso Savings, Union Homes
Omeiza Bilal Nigeria Deposit Insurance Corporation (NDIC) said it has commenced the liquidation process for Aso Savings and Loans Plc...
JRB issues further clarification on Tax ID
Orisemeke Benjamin The Joint Revenue Board (JRB) reiterates that there will be no restrictions on bank accounts or financial transactions...
FIRS clarifies position on MoU with DGFIP
Omeiza Bilal The Federal Inland Revenue Service (FIRS) has clarified that the Memorandum of Understanding (MoU) signed with France’s Direction...
Equities market declines 0.04%
Agency Report Transactions on the floor of Nigerian Exchange on Wednesday sustained negative trajectory, shedding N34 billion. Market capitalization of...
SEC calls for freezing of CBEX Bank accounts
Orisemeke Benjamin The Securities and Exchange Commission (SEC) has called for the freezing of bank accounts belonging to CBEX and...
