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...
Banking & Finance
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...
Equity market sheds N311bn
Activities on the floor of Nigerian Exchange Tuesday returned to negative performance declining by N311 billion as bears dominated trading for...
82 BDCs fully licensed under revised guidelines, says CBN
Omeiza Bilal The Central Bank of Nigeria (CBN), in exercise of its powers conferred under the Bank and Other Financial Institutions...
Nigeria moves toward T+1 settlement as SEC unveils broad market reforms
Omeiza Bilal The Securities and Exchange Commission (SEC) has announced a series of wide-ranging reforms aimed at strengthening market efficiency,...
UBA Group wins Best Bank in African subsidiaries in 2025 Banker Awards
Orisemeke Benjamin Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed its leadership as one of the continent’s most...
