Archives for MONEY MARKET - Page 48
Transport Taxes: FG, States Losing Billions To Non-State Actors – Experts Lament
Tax By Ngozi Onyeakusi---Federal and state governments have been tasked to find lasting solutions to the persistent fleecing of the state in transport tax collection by non-state actors and touts…
ZENITH BANK DECLARES N125.59BN TOTAL DIVIDENDÂ
BY NGOZI ONYEAKUSI---Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed…
Access Holdings Vests 23.8 million Units of Shares on Senior Executives
By Ngozi Onyeakusi---In line with the disclosure requirements of the Securities and Exchange Commission and the Nigerian Exchange Limited, Access Holdings Plc , Africa’s leading financial services group, has announced…
States, LGs to get 90% VAT revenue – Tinubu panelÂ
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 – CBNÂ
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, DeploymentÂ
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…
