Banking
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537Zero Tolerance: CBN Goes Tough on Banks to ensure Transparency
BY BONNY AMADI •Sets up Compliance Dept.’ With the recent sanctioning of 15 de- posit money banks in Nigeria for not complying...
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405CIS Increased to over N3trn in 2024, says SEC
The Securities and Ex- change Commission (SEC) on Wednesday disclosed that its Collective Investment Schemes increased to over N3 trillion in 2024....
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593CBN projects 4.17% GDP growth for 2025, says fiscal, monetary reforms paying off
BY BONNY AMADI The Central Bank of Nigeria (CBN) has said Nigeria’s gross domestic product (GDP) is projected to grow at 4.17...
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607N12.3bn alleged Fraud: Oba Otudeko, Former First Bank MD Onasanya’s absence, Others Stall Arraignment
•As Lawyer Protests in Court, adjourned to February 13 Oba Otudeko, the Chairman of Honeywell Group, on Monday, failed to appear before...
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687GHL: We approached the court for legal remedies, to preserve assets, recover diverted funds… Firstbank
•Safeguard bank’s interest, prevent reoccurrence of breaches FirstBank Limited, subsidiary of FirstHoldco Plc has explained that the bank is committed to protecting...
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581N2.2trn Service value: NCC orders telcos to disconnect 9 banks over USSD debts
BY BONNY AMADI • As N2.2trn value in 252.06million transactions recorded in 2024. With a higher projected value of Unstructured Supplementary Services...
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536CBN Fines Banks N150m each for Failing to Dispense Cash via ATMs
By BONNY AMADI WITH AGENCY REPORTS The Central Bank of Nigeria (CBN) has imposed sanctions on Deposit Money Banks (DMBs) for failing...
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533NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead
The Nigerian Exchange Ltd.(NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and...
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523AfDB, partners move to accelerate universal electrification efforts
The African Development Bank Group (AfDB), the World Bank Group, the African Union, and the Tanzanian government have reaffirmed their commitment to...
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670First Bank predicts steady economic growth for Nigeria in 2025
First Bank of Nigeria Ltd. has projected steady economic growth for the nation in 2025. The bank said that this projection is...
