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Category: Finance

Central Bank Approves  Providus Banks’ Takeover of Unity Bank
FinanceNews

Central Bank Approves  Providus Banks’ Takeover of Unity Bank

NEWS BAR NGAugust 7, 2024August 7, 2024

The Central Bank of Nigeria (CBN) yesterday announced it had granted approval for a pivotal financial takeover of Unity Bank…

ESG: Access Bank Wins Euromoney Award for Best Bank in Nigeria, Ghana
FinanceNews

ESG: Access Bank Wins Euromoney Award for Best Bank in Nigeria, Ghana

NEWS BAR NGJuly 30, 2024July 30, 2024

Access Bank Plc has been honoured at the Euromoney Awards for Excellence 2024, having been named Nigeria’s Best Bank and…

FIRS Explains Clarifies Taxation, Adjustments to Foreign Currency Transactions
FinanceNews

FIRS Explains Clarifies Taxation, Adjustments to Foreign Currency Transactions

NEWS BAR NGJuly 26, 2024July 26, 2024

The Federal Inland Revenue Service (FIRS) has issued clarification on relevant adjustments that may henceforth be required to determine the…

MAN, LCCI Lament Continuous Hike in Monetary Policy Rate by CBN
FinanceNews

MAN, LCCI Lament Continuous Hike in Monetary Policy Rate by CBN

NEWS BAR NGJuly 25, 2024July 25, 2024

The Manufacturers Association of Nigeria (MAN) and the Lagos Chamber of Commerce and Industry (LCCI) yesterday expressed concern over the…

Access Bank Granted 18m Digital Loans Worth N740bn in 7years, Revamps QuickBucks
FinanceNews

Access Bank Granted 18m Digital Loans Worth N740bn in 7years, Revamps QuickBucks

NEWS BAR NGJuly 24, 2024July 24, 2024

Access Bank on Tuesday said it had granted 18 million digital loans worth over N740 billion since 2017. The bank…

Group to Tinubu: Review Tax, Pension Policies
FinanceNews

Group to Tinubu: Review Tax, Pension Policies

NEWS BAR NGJuly 19, 2024July 19, 2024

A civil society group (CSO), Civil Society Organisation on Community Advancement and Humanitarian Empowerment Initiative (CSCHEI), has called on President…

Concerns Mount over Retroactive Taxation of Banks’ Profit in Finance Bill
FinanceNews

Concerns Mount over Retroactive Taxation of Banks’ Profit in Finance Bill

NEWS BAR NGJuly 19, 2024July 19, 2024

Some foreign investors who spoke to THISDAY yesterday  on condition of anonymity, have expressed concerns over move by the Senate…

IMF Downgrades Nigeria’s Economic Growth Projection Slightly to 3.1%
FinanceNews

IMF Downgrades Nigeria’s Economic Growth Projection Slightly to 3.1%

NEWS BAR NGJuly 17, 2024July 17, 2024

The International Monetary Fund (IMF) has downgraded Nigeria’s 2024 economic growth forecast to 3.1 per cent, from the 3.3 per…

Adaora Umeoji Highlights Zenith Bank’s Robust Financial Metrics
FinanceNews

Adaora Umeoji Highlights Zenith Bank’s Robust Financial Metrics

NEWS BAR NGJuly 16, 2024July 16, 2024

Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values…

Energy Bank: Lokpobiri Reveals Ghana, S’Africa Voted against Nigeria’s Hosting Bid
FinanceNews

Energy Bank: Lokpobiri Reveals Ghana, S’Africa Voted against Nigeria’s Hosting Bid

NEWS BAR NGJuly 15, 2024July 15, 2024

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed that out of the 18 member countries…

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