Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5 per cent cybersecurity levy on all electronic transactions within the…
Finance
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Union Bank, one of Nigeria’s foremost and most trusted financial institutions, has announced another significant achievement with its attainment of the MSECB…
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Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of…
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Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA)…
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Federal Inland Revenue (FIRS) has directed banks to deduct 0.375 percent stamp duty levy on all mortgage loans and bonds. The FIRS…
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The Nigeria Deposit Insurance Corporation (NDIC) has raised the maximum deposit insurance coverage for all licensed deposit-taking financial institutions. Deposit insurance coverage…
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In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before…
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Crown Agents Bank (www.CrownAgentsBank.com), the specialist provider of foreign exchange (FX) and cross-border payments for hard-to-reach markets, and Invest Africa, a leading platform…
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Benin has become the first sub-Saharan African country to join the European Bank for Reconstruction and Development (EBRD). The country is the…
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Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting…
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Finance
Africa’s $824bn debt burden, opaque resource-backed loans hinder its potential—-Adesina warns
President African Development Bank Akinwumi Adesina) said that Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt…
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Opening the week, the local bourse gained 13bps, recovering some of the prior week losses to settle at 99,665.05 points. Renewed investor…
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Shareholders of the International Monetary Fund agreed this week on the importance of addressing challenges faced by low-income countries, many of which…
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Minister of Finance and Coordinating Minister of the Economy Dr Wale Edun, has said that Nigeria is expecting a fresh $2.2 billion…
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FinanceNews
Access Holdings’ shareholders back capital raising plan, hail Aig-Imoukhuede’s return as Chairman
The shareholders of Access Holdings Plc at the 2nd Annual General Meeting (AGM) held on Friday, April 19, 2024, unanimously backed the…