Author Archives: Supernews - Page 161
CBN cracks down on banks over anti-money laundering, counter-terrorism breaches
To safeguard Nigeria’s financial system, nurse the economy back to good health and restore investor confidence, the Central Bank of Nigeria (CBN) has issued a stern warning to banks and…
Fintech: No investor will lose funds, SEC assures
BY NGOZI ONYEAKUSI SEC The Director General, Securities and Exchange Commission (SEC) Dr. Emomotimi Agama, has said the Commission will enforce regulations in the fintech ecosystem to curb mismanagement of…
FG probes banks, telco, airline over customers’ complaints
BY NGOZI ONYEAKUSI Federal Competition and Consumer Protection Commission (FCCPC) has discloses plans to probe banks telecoms and airlines over customers' complaints. FCCPC Director of Corporate Affairs, Ondaje Ijagwu, disclosed…
UBA, NIBSS, other Banks collaborate on NQR payment solution
BY NGOZI ONYEAKUSI L-R: Elliot Sangoleye, Head, e-Business & Digital Banking Group, Providus Bank; Akwaugo Sylva-Ezemoka, Head Banks Team 2, NIBSS; Abidemi Asumo, Vice Chairman, Committee of e-Business Industry Heads…
CBN Rolls Out New Website
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) has announced the launch of its newly redesigned website (). The apex bank in a statement…
CITN Organizes Workshop for Finance Journalists
BY NGOZI ONYEAKUSI The Chartered Institute of Taxation of Nigeria (CITN) will host a one-day workshop to enhance the knowledge of media practitioners and finance reporters, particularly members of the…
Nigeria’s Electricity Subsidy to Hit N2.4trn by End of 2024
As Nigerians continue to expect steady supply of power, the financial implications of subsidising the industry is projected to hit trillion by end 2024, with the Minister of Power, Adebayo…
AuG uncovers N14bn tax fraud in over 30 agencies
A report by the Auditor-General of the Federation has unearthed tax irregularities amounting to across more than 30 Ministries, Departments, and Agencies. The findings, disclosed in the Auditor-General’s Annual Report…
ZENITH BANK EXPANDS GLOBAL FOOTPRINTS WITH PARIS BRANCH LAUNCH
BY NGOZI ONYEAKUSI L-R: Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; President/Chief Executive, Dangote Group, Alhaji Aliko Dangote, GCON; Group Managing Director/Chief Executive, Zenith Bank…
Access Bank Completes Acquisition of Standard Chartered Bank Angola S.A, Standard Chartered Bank
Further to our July 14, 2023 announcement regarding the above subject, Access Holdings PLC is pleased to announce that its flagship subsidiary, Access Bank PLC has completed the acquisition of…
