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CBN Sanctions Four Banks For Money Laundering

The Central Bank of Nigeria and Financial Reporting Council of Nigeria sanctioned four commercial banks between January and June for various infractions, our correspondent...

CBN: Federally-Collected Revenue Rises By 23% To N932bn

Nigeria’s federally collected revenue (gross) stood at N931.93 billion in July, representing a 22.6 per cent increase compared with the N760.08 billion recorded in...

Group Urges CBN To Extend Deadline For Mutilated Notes Return

Consumer Awareness and Financial Enlightenment Initiative (CAFEi), has urged the Central Bank of Nigeria (CBN) to extend deadline for the exchange of multilated naira...

2019 Half Year Audit: How GTBank Recorded N118.5bn Profit Before Tax

Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2019 to the Nigerian and London Stock...

US-China Trade War: Global Stock Exchange Goes Feverish

On Wall Street, US stocks recovered from heavy losses earlier in the day sparked by fears about the trade war and the global economy Stock...

1m Farmers Benefit From Anchor Borrowers Scheme, Says CBN

The Central Bank of Nigeria (CBN), said more than one million smallholders farmers had access to finance through its Anchor Borrowers Programme. Emefiele said this...

FIRS Posts N1.5tn Revenue In Q1 of 2019, Says Fowler

The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according to its Chairman, Mr Babatunde Fowler. Fowler...

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