Money

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Money

House Committee Probes CBN On Alleged ₦11tr Revenue Shortfall

The House of Representatives on Wednesday summoned the Governor of the Central Bank of Nigeria, Olayemi Cardoso, to explain the alleged non-remittance of...

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Access Bank Botswana Earns Three Global Recognitions for Innovation and Excellence

Access Bank Botswana, a  subsidiary of Access Bank Group, has achieved global recognition by securing three prestigious international awards that celebrate its innovation,...

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CBN Grants Final Licences To 82 BDCs, Warns Public Against Unlicensed Operators

BY NECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN), on Monday  sad it has granted final licenses to 82 Bureaux De Change (BDCs) to...

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Tax Reforms Gains: Debunking Misconceptions (2)

Furthermore, the definition of Covered Taxes for the 15% Effective Tax Rate includes companies’ income tax, petroleum profits tax, hydrocarbon tax, development levy,...

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UBA Group Dominates 2025 Banker Awards, Emerges Africa’s Bank of the Year For Third Time In Five Years

….Wins Best Bank In Nine Out Of 20 African Subsidiaries Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed...

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Central Bank Relaxes Cash Limits Nationwide To Boost Liquidity

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) on Wednesday announced a major relaxation of its cash withdrawal and deposit regulations, effective January...

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Alternative Bank Unveils Flagship Effurun Branch, Sets Bold Pace For Delta’s Economic Future

L-R: Chukwuemeka Agada, Regional Sales Manager, The Alternative Bank; Akanni Owolabi, Regional Head, Edo/Delta, The Alternative Bank; Chief (Dr.) Samuel Eshenake, Secretary, Uvwie...

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AFC raises record US$524m in Dual-Currency Samurai Loan Facility

JOKE AJIBADE—Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has closed a landmark US$524 million equivalent dual-currency Samurai term loan facility....