UBA, GTB, FCMB, Fidelity and Access Bank Fined N1.4bn for Forex Scams, Others
Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central…
Banking, insurance stocks decline as market sheds nearly N20bn
Equity investors in the Nigerian Exchange Limited lost N19.51bn on Monday as the market capitalisation slid down from N20.29tn to…
VAT war: Fed Govt directs firms to make remittance to FIRS
As the deadline for the remittance of the Value Added Tax (VAT) for August expires today, the Federal Government has…
VAT: FIRS Amendment Move Futile, Dead On Arrival —Akeredolu
CHAIRMAN of the Southern Nigeria Governors’ Forum and Ondo State governor, Oluwarotimi Akeredolu, has said that the amendments sought by…
SEC begins 100% Custody Requirement in Collective Investment Schemes
In a bid to further protect investors and deepen the capital market, the Securities and Exchange Commission (SEC) has announced…
‘Why pension fund increased by N470 billion in seven months’
No fewer than 19,000 workers from the public and private sectors have joined the Contributory Pension Scheme (CPS) in the…
CBN gives conditions for endorsement of legitimate FX demand exceeding approved cap
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the apex bank is ready to approve…
Naira Depreciates By 209% In Six Years •CBN Defends Currency With $130bn, Rolls Out Tens Of Policies
DESPITE the over $130bn deployed by the Central Bank of Nigeria (CBN) to defend the naira and a myriad of…
CBN Retains Monetary Policy Rate At 11.5%
Amid rising calls for the resignation of the Central Bank Governor, Mr. Godwin Emefiele over the crash of the naira…
AbokiFX CEO Under Probe Over Alleged Illegal Forex Transactions
There are indications that the Central Bank of Nigeria (CBN) is investigating the Founder of abokiFX, Olusegun Oniwinde, for alleged…