Category: News

FG releases list of licensed Deposit Money Banks

The Central Bank of Nigeria has unveiled a comprehensive roster of licensed Deposit Money Banks...

32m Nigerians to face severe hunger – Report

The International Rescue Committee and its partners have released a report indicating that approximately 16%...

EFCC arrest BDC operators as naira slides to 1,416/$

The Economic and Financial Crimes Commission operatives on Tuesday reportedly arrested some Bureau De Change...

CBN suspends cash deposits charges till September 30

Banks have been instructed by the Central Bank of Nigeria to stop charging for cash...

Meta expands paid verification service for businesses

Meta, the parent company of Facebook and Instagram, is broadening its paid verification service for...

Meta tests cross-posting from Instagram to Threads

The parent company of Instagram, Meta, is trying a novel method to enhance engagement on...

Apple launches new Magic Keyboard

Apple during its iPad-focused event unveiled an updated version of its Magic Keyboard, the keyboard...

States, LGs to share 90% VAT revenue – Presidential panel

The Presidential Committee on Fiscal Policy and Tax Reforms has suggested that the share of...

Shell remitted over $1bn in tax to FG in 2023

Shell Nigeria says it exclusively paid a total of $1.09bn in corporate taxes and royalties...

Job losses loom as Microsoft exits Nigeria

There are reported indications that the West African operation of Microsoft African Development Centre, situated...

CBN clears air on education, petroleum tax for cash pooling settlement

The Central Bank of Nigeria has revised its directive on the repatriation of export proceeds...

CAC drops deadline for POS operators’ bank registration

The Corporate Affairs Commission has instructed banks to ensure the registration of their customers in...