Access Bank gains N5 billion from digital lending in the first six months of 2021
Access Bank’s digital lending revenue has increased from N1 billion in the first half of 2019 to N5 billion in the first half of 2021, […]
Finance
El Salvador buys first 400 Bitcoin
El Salvador has become the third country in the world to buy Bitcoin as the nation also became the first country to officially make Bitcoin […]
VAT: FIRS loses, Lagos joins tax war as Rivers digs in
A Federal High Court sitting in Port Harcourt, Rivers State, has dismissed an application by the Federal Inland Revenue Service, FIRS, seeking to stop the […]
Tax: Niger govt shuts down First Bank, GTB, UBA, Stanbic IBTC, other banks
The Niger State Internal Revenue Service (NGSIRS) has shut down eight commercial banks and the Abuja Electricity Distribution Company (AEDC) over N456 million tax debts. […]
Naira gains further at official market despite decline in dollar supply
The exchange rate between the naira and the US dollar closed at N411.13/$1 indicating a further appreciation at the official Investors and Exporters window. Naira […]
VAT controversy: FIRS may lose N2.4tn revenue to states
The Federal Inland Revenue Service may lose over N2.4tn revenue to the 36 state governments in 2022 if it loses its appeal against a Federal […]
Fidelity Bank’s Chairman to lead BDAN
Following the successful completion of Mrs. Osaretin Demuren’s tenure, Mr. Mustafa Chike-Obi, Chairman, Fidelity Bank Plc, has been appointed to take over as President of Bank Directors Association […]
Remittances: Senate accuses NNPC, CBN, others of underpayment
The Senate on Wednesday accused Government Owned Enterprises of worsening the current dwindling revenues in the country by engaging in spending spree instead of remitting […]
Banks hint of criminal prosecution of customers over forex offences
At the backdrop of a directive from the Central Bank of Nigeria (CBN) to publish names of customers who circumvent the new foreign exchange (forex) […]
FG presents budget October, targets €3bn from Eurobonds
The President, Major General Muhammadu Buhari (retd.), may present the 2022 Appropriation Bill to a joint session of the National Assembly on a yet-to-be determined […]