Archives for MONEY MARKET - Page 40
States, LGs to get 90% VAT revenue – Tinubu panel
The Presidential Committee on Fiscal Policy and Tax Reforms has proposed reviewing states’ and local governments’ share of the Value Added Tax revenue to 90 per cent , and reducing…
CBN suspends charges on cash deposits
By Ngozi Onyeakusi---The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. Apex bank in a circular dated May 6, 2024, and…
Currency in circulation rises to N3.87tn – CBN
Naira The value of Nigeria’s currency in circulation has risen to at the end of March. According to the latest money and credit statistics on the website of the Central…
Zenith Bank Partners AfCFTA SMARTAfCFTA Portal Development, Deployment
L-R: Chairman of Zenpay Limited, Dr. Ebenezer Onyeagwu and the Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat, His Excellency Wamkele Mene, during the signing of an agreement…
Union Bank Achieves Another Milestone; Attains MSECB ISO 27001:2022, 20000-1:2018 & 22301 Certifications
By Ngozi Onyeakusi---Union Bank, one of Nigeria’s foremost and most trusted financial institutions, has announced another significant achievement with its attainment of the MSECB management system certifications in ISO/IEC 27001:2022,…
Access Bank Advocates for Innovative Financing Models to Realise SDGs
L-R: Mories Atoki, Chief Executive Officer, ABCHealth; Jane Ike-Okoli, Head of Specialised Sectors Business & Commercial Banking, Stanbic IBTC; Ralph Opara, Group Head, Commercial Banking Division (Lagos 2), Access Bank…
NDIC Raises Insurance Coverage for Banks to N5m
NDIC MD The Nigeria Deposit Insurance Corporation (NDIC) has raised deposit insurance coverage for all licensed deposit-taking financial institutions in the country with immediate effect. Managing Director/Chief Executive of the…
Leadership Means Always Believing in Better – CEO, Sterling Bank
Sterling Bank logo By Ngozi Onyeakusi---Abubakar Suleiman, the Chief Executive Officer of Sterling Bank Limited, delivered an enlightening discourse on leadership during the prestigious Lagos Leadership Summit 2024, powered by…
TINUBU APPOINTS JIM OVIA CHAIRMAN OF NIGERIAN EDUCATION LOAN FUND
By Ngozi Onyeakusi---President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the Nigerian…
NDIC SUSTAINS FIGHT AGAINST CORRUPTION WITH INAUGURATION OF ANTI-CORRUPTION & TRANSPARENCY UNIT
NDIC Executive Director, Operations Mr. Mustapha M. Ibrahim (2nd Left) and ICPC, Acting Director System Study and Review, Mr. Olusegun Adigun (3rd Left) pose for a group photograph during the…
