Fowler blames revenue shortfall on recession

Chairman of the Federal Inland Revenue Service, Mr Babatunde Fowler, has blamed the drop in the…

CBN to secure reserves against UK $9bn court ruling

The Central Bank of Nigeria (CBN) on Monday it will strive to protect the country’s currency…

Wema Bank Launches Road Safety Awareness with 3D Zebra Crossing

Wema Bank has created a 3D zebra crossing in partnership with O2 Academy, Lagos to raise…

CBN to include more items under forex ban

Governor of Central Bank of Nigeria, Mr Godwin Emefiele, said on Monday that more items would…

FG targets 2.5 million SMEs for empowerment

The Vice-President, Prof Yemi Osinbajo has said the Federal Government will provide micro-lending to about 2.5…

First Bank unveils Verve Global card in U.S.

First Bank of Nigeria Limited has launched Verve Global Card in the United States (US). The…

Mutual Benefits assure shareholders of meeting recapitalisation deadline

Matthew Otoijagha Mutual Benefits Assurance Plc. has assured its shareholders that it would meet the required…

Expert urges insurance professionals to regain Nigerians’ confidence

Matthew Otoijagha The doyen of the insurance industry, Olola Bode Ogunlana, has advised the leadership and…

FG to reverse Benin Republic’s order on cargo transit route

Matthew Otoijagha There are indications that the Federal Government of Nigeria may have commenced moves to…

CBN cautions MFBs against hoarding lower currencies

The Central Bank of Nigeria has warned microfinance banks in the country against hawking and hoarding…

Banks hustle to beat CBN’s deadline on new lending policy

Deposit Money Banks are in a race to beat the September 30 deadline given by Central…

Wema Bank, Fintechs partner to create innovative financial solution

In keeping with its vision to reinvent banking and financial services in Nigeria and Africa, Wema…

FIRS sets deadline for VAT remittance

The Federal Inland Revenue Service has said all companies must remit value-added tax and withholding tax…

CBN Auctions N34bn Treasury Bills

The Central Bank of Nigeria (CBN) held a treasury auction on Wednesday to try to lure…

NNPC to partner NOASDRA on oil spill mitigation

Cases of the oil spill will witness drastic reduction if the Nigerian National Petroleum Corporation (NNPC),…

Nigeria to save $20bn from food import ban

Data obtained from the Central Bank of Nigeria (CBN) has shown that the implementation of the…

Fuel Subsidy Removal Will Add 4% to Global GDP, IMF Tells Nigeria, Others

The International Monetary Fund (IMF) wednesday reiterated the need for Nigeria and other countries that still…

Access Bank unveils scheme for smartphone purchase

Access Bank has introduced a financing scheme for procurement of phones for more Nigerians to get…