The Chief Executives of Nigeria’s Twenty-Four Banks are to explain to the House of Reps the where-about of the Taxes collected by them on behalf...
Money Deposit Banks are owing the Federal Government N83billion in unremitted taxes. However, 23 out of the 24 banks have, so far, remitted N77billion to the...
Investors, banks’ executives, financial services operators and stakeholders have deplored huge donations by banks to the IFRS Academy, an initiative of the Financial Reporting Council of...
Non-interest Deposit Money Banks will soon start making premium contributions to the Nigeria Deposit Insurance Corporation (NDIC), the Managing Director, Alhaji Umaru Ibrahim, has said. Ibrahim,...
Mobile giant MTN is set to sign a $ 3 billion (N470b) loan with a consortium of banks. The telecom operator said in an invitation to...
•Committee to meet CBN, FIRS, bank chiefs next week The House of Representatives’ Committee on Finance has said it will probe tax evasion by commercial banks....
As the Nigerian Maritime Administration and Safety Agency (NIMASA) prepares to disburse the long-awaited Cabotage Vessel Financing Fund (CVFF) this month, investigations by P.M.NEWS BusinessWeek reveal...
From 2016, banks’ customer will enjoy free Commission on Turnover (COT) on their transactions. The Central Bank of Nigeria (CBN) made this known in its ‘Revised...
Cyprus reversed course and decided to keep its banks shut as world markets took fright at the implications for the eurozone of the island’s 10-billion-euro bailout...