Banking
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782026: Banks Start charging N50 stamp duty on transfers from January 1
BY BONNY AMADY Nigerian banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January...
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90CBE, Afreximbank Sign MoU for Establishment of Pan African Gold Bank
Gold Bank program in Egypt The Central Bank of Egypt (CBE) and Af- rican Export – Import Bank (Afreximbank) on Monday signed...
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104CBN orders uninterrupted ATM, POS services for foreign cards
The Central Bank of Nigeria (CBN) has issued a fresh directive to banks and other financial institutions aimed at easing the use...
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117First HoldCo Chairman, Otedola acquires additional N14.8bn shares
Chairman of First HoldCo Plc, Femi Otedola has acquired additional shares valued at N14.8 billion in the financial holding company, increasing his...
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111Lagride Secures $100m UBA Facility, Expands EV Charging Infrastructure
To Transform Lagos Drivers into Asset Owners, Mobility Investors Lagride has secured a 100-million-dollar financing facility from United Bank for Africa to...
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107CBN Revokes Licenses of ASO Savings, Union Homes
As NDIC Commences Liquidation Process BY BONNY AMADI Despite its recent commencement of trading on the floor of the NGX Exchange, Aso...
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109Jaiz Bank Signs Agreement with IILM as Africa’s First Primary Dealer
Jaiz Bank, the pioneer non-interest bank in Nigeria, has signed an agreement with the International Islamic Liquidity Management Corporation (IILM) for the...
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121CBN: 82 BDCs Fully Licensed Under Revised Guidelines
Warns unauthorised operators of severe sanction BY BONNY AMADI The Central Bank of Nigeria (CBN), in exercise of its powers conferred under...
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121Fidelity Bank, FMDQ, UBA, CSCS to Brainstorm on ISA Reforms @ CAMCAN 2025 workshop
The Capital Market Correspondents Association of Nigeria (CAMCAN) has concluded plans to host its 2025 annual work- shop, a key engagement platform...
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176CBN Governor Says 16 banks have met new capital requirements
N4.69trn outstanding Hinder new financial interventions •MPC Retains 27% rate By Bonny Amadi with agency Reports The Central Bank of Nigeria (CBN)...
