Local equity crosses N40 trillion mark, gains N599bn in one day
The local equity market Wednesday crossed the N40 trillion mark, appreciating by N599 billion as gains recorded in the shares...
Banking & Finance
22,000 MfBs, mortgage banks’ depositors get N1.7bn refund – NDIC
Nigeria Deposit Insurance Corporation (NDIC) has so far paid an insured sum of over N1.7 billion to customers, following the...
TAT orders AEDC to pay tax liability of N5.3bn for 4 years
The Tax Appeal Tribunal (TAT) sitting in Abuja, has ordered the Abuja Electricity Distribution Company (AEDC) Ltd to pay the...
Equity market opens positive, gains N9bn
The local equity market Monday opened the week on a positive note, appreciating by N9 billion. Market capitalisation of listed...
Recapitalization: One-size-fits-all approach can stifle smaller banks–Shareholders
Independent shareholders in the banking industry have revealed that a one-size-fits-all approach to capital requirements for all banks in the...
Recapitalization: One-size-fits-all approach can stifle smaller banks–Shareholders
Independent shareholders in the banking industry have revealed that a one-size-fits-all approach to capital requirements for all banks in the...
NDIC restates commitment to financial system stability
The Nigerian Deposit Insurance Corporation (NDIC) has said it will continue its collaboration with the Central Bank of Nigeria to...
CBN assures public of adequate cash supply
The Central Bank of Nigeria (CBN) has again assured members of the public that it is addressing the reported cases...
Lagos PoS operators hike fee over Naira scarcity
The resurgence of naira scarcity in some parts of the country, especially in Lagos, Nigeria’s economic capital is biting hard...
Illegal loan apps using PSSP platform — Irukera
The Federal Competition and Consumer Protection Commission (FCCPC), says loan apps are using wallets on the platforms of Payment Solution...
