Finance – Page 5 – City Business News

March 6, 2020 No Responses

Osibanjo: FG Will Use New Finance Act To Protect MSMEs

The Federal Government will use the opportunities provided by the newly signed Finance Act to protect Micro Small and Medium-scale Enterprises (MSME) in the country, Vice President Yemi Osibanjo, has said. Speaking on Thursday in Abakaliki during the launch of...

December 11, 2019 No Responses

Senate Probes N20trn Unremitted Stamp Duties From Banks, Financial Institutions

The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20 trillion into the Federation Account by Central Bank of Nigeria, an amount collected as stamp duties from Banks and Financial Institutions in the country. The....

December 7, 2019 No Responses

Customs Boss Seeks Separate Budget For Staff College

The Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ali (rtd) has appealed for a separate budget for Nigeria Customs Command and Staff College, Gwagwalada for the institution to realise its set out goals.Ali made the appeal at the Gradu...

October 21, 2019 No Responses

Nigeria To Secure $3b Power Sector Loan

The Minister of Finance, Mrs Zainab Ahmed, on Sunday said the Federal Government’s request for a World Bank loan to finance the power sector was at the verge of being granted. Ahmed stated this at a media briefing on activities...

October 12, 2019 No Responses

First Bank Boss At Edinburgh Conference, Reiterates Commitment to Financial Inclusion In Nigeria

By citybusinessnews@yahoo.com — As part of the Bank’s financial inclusion and global thought leadership drive, the Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated in the 2019 Global Leaders Interactive pa...

October 1, 2019 No Responses

Photo News

L-R: Executive Director, Operations and Information, Fidelity Bank Plc, Gbolahan Joshua; Chief Executive Officer, Verve International, Mike Ogbalu III; Chief Operations Officer, Interswitch, Oremeyi Akah; Group Managing Director/ Chief Executive Officer, Inter...

September 27, 2019 No Responses

Buhari: Nigeria Lost $157.5b To Illicit Financial Flows Between 2003-2012

President Muhammadu Buhari has disclosed that Nigeria lost an estimated US$157.5 billion to illicit financial flows between 2003 and 2012.Quoting from the 2014 Global Financial Integrity Report in his address to the High-Level National Side-Event organised by ...

August 15, 2019 No Responses

Access Bank Unveils Smartphone Device Financing Scheme

Access Bank continues to lead the way in innovative economic digital finance solutions, providing more Nigerians with access to credit as it unveils the Device Finance scheme, a scheme designed to provide salaried customers with the opportunity to purchase sma...

August 13, 2019 No Responses

KPMG Under Pressure, Removes Head Of Financial Services Unit

Following a probe into alleged misconduct, KPMG, one of the biggest consultancies in the United Kingdom has ousted the head of its financial services consulting division. A spokesperson for KPMG confirmed to the BBC that Tim Howarth had left the...

June 24, 2019 No Responses

Ecobank Partners NIRSAL, Unveils N70b Agric Financing Scheme

Ecobank Nigeria has entered into a strategic partnership with the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) with a N15 billion agricultural investment scheme being the first tranche in agricultural value chain financing. The...

June 6, 2019 No Responses

Emerging Market Regulators Issue Recommendations On Sustainable Finance

Securities regulators from growth and emerging markets on Wednesday published a report that sets forth recommendations related to the development of sustainable finance in emerging markets and the role of securities regulators in this area. IOSCO´...

May 16, 2019 No Responses

MTN Nigeria Presents Financial Details At NSE, Secures Final Approval

MTN Nigeria Communications Plc has secured the requisite regulatory approval to list its shares on the floor of Nigerian Stock Exchange (NSE) Thursday, May 16th, 2019. The company is also expected to present its Facts Behind the figure on the...

April 24, 2019 No Responses

SEC Nigeria, Pencom Collaborate On Financial Literacy

The Securities and Exchange Commission (SEC) and the National Pensions Commission (Pencom) have agreed to work together to ensure more Nigerians are brought into the financial literacy net. The resolution was reached at a meeting between the Technical Co...

April 15, 2019 No Responses

Financial Literacy: SEC Nigeria Seeks More Collaboration Among Regulators

The Securities and Exchange Commission (SEC) has expressed its readiness to strengthen its collaboration with other regulators in the financial industry in Nigeria, in its financial literacy campaign. This the Commission said, is in a bid to ensure that ...