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CBN to refund capital deposits, licensing fees to BDC promoters with pending applications

    CBN to refund capital deposits, licensing fees to BDC promoters with pending applications

The Central Bank of Nigeria (CBN) says it will commence the immediate refund of capital deposits and licensing fees (where applicable) to promoters who have pending Bureaux de Change (BDC)

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FIRS directs banks to deduct N1.8trn from accounts of Multichoice over ‘tax evasion’

    FIRS directs banks to deduct N1.8trn from accounts of Multichoice over ‘tax evasion’

The Federal Inland Revenue Service (FIRS) has appointed some commercial banks as agents to recover N1.8 trillion from accounts of MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA). Muhammad Nami,

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Credit to private sector increased 2.5% to N20trn in Q4 2020, says NBS

    Credit to private sector increased 2.5% to N20trn in Q4 2020, says NBS

The National Bureau of Statistics (NBS) says banks in the country disbursed a total of N20.37 trillion as credit to the private sector in the fourth quarter (Q4) 2020. This

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D’banj: Why banks should accept intellectual property as collateral

    D’banj: Why banks should accept intellectual property as collateral
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FG mulls forbearance for banks to restructure oil firms’ debts

  FG mulls forbearance for banks to restructure oil firms’ debts

The federal government says it is considering a regulatory forbearance for banks to restructure loans granted to oil and gas

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DID YOU KNOW? Drivers, cleaners working in banks are to declare their assets by law

  DID YOU KNOW? Drivers, cleaners working in banks are to declare their assets by law

There is an act mandating all employees of banks to declare their assets upon employment — even messengers, cleaners and

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Pantami orders telcos to suspend withdrawal of USSD services

  Pantami orders telcos to suspend withdrawal of USSD services

Isa Pantami, minister of communications and digital economy, has directed telecommunication companies to halt the planned withdrawal of unstructured supplementary

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USSD code, CBN, banks, telcos and the coming of anarchy

  USSD code, CBN, banks, telcos and the coming of anarchy

I do not like the word, anarchy. The word serves a full dose of what is happening in our land,

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Senate summons Emefiele over cryptocurrency ban

  Senate summons Emefiele over cryptocurrency ban

The senate has invited Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), to speak on the threats of

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Electronic payment transactions increased by N56trn in Q3, says NBS report

  Electronic payment transactions increased by N56trn in Q3, says NBS report

The total value of transactions through electronic payment channels increased by N56.21 trillion in the third quarter (Q3) to stand

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