Four Nigerian banks may lose N88 billion in revenue to the proposed phase out of Commission on Turnover, COT, charges. This may give rise…
Category:
Finance
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The Central Bank of Nigeria (CBN) says it will start applying charges on withdrawals and deposits above N500,000 for individuals and N2…
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The CBN on Friday released the names of 20 Bureau De Change (BDC) operators whose licences were revoked for alleged foreign exchange malpractices. The…
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The Central Bank of Nigeria (CBN) says it will start applying charges on withdrawals and deposits above N500,000 for individuals and N2 million for…
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The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the ongoing power…
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The Central Bank of Nigeria (CBN) says it has suspended its Wholesale Dutch Auctions (WDAS) to check money laundering in the foreign…
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The Central Bank of Nigeria (CBN) has confirmed Malam Rislanudeen Muhammad as the Acting Managing Director of Unity Bank Plc. This followed…
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The Central Bank of Nigeria (CBN) said it has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange…
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The World Bank Board said it has approved a $300 million credit to boost Nigeria’s efforts to provide affordable mortgages for middle-income…
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Any operators of failed Microfinance Banks involved in feraudulent practices will be handed over to the Economic and Financial Crimes Commission (EFCC),…
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The Central Bank of Nigeria (CBN) on Tuesday retained the monetary policy rate at 12 per cent, the CBN Governor, Malam Sanusi…
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Investors on the Nigerian Stock Exchange (NSE) on Tuesday exchanged 251.31 million shares worth N2.9 billion in 4,719 deals. This was in…
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The $3.3 billion syndicated loan secured by Dangote Industries last week to build a 400,000-barrel per day oil refinery and petrochemical plant…
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The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday declined by N34 billion as a result of price losses by…
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The Asset Management Company of Nigeria (AMCON) said it was seeking prospective investors to buy 100 percent of its shareholding in Enterprise…