April 19, 2024
Home Archive by category Banking (Page 2)

Banking

Emefiele
Banking Blogs Business Media Opinions Top Stories Zenith Bank, Cross Rivers, Nigeria, Banking, Economy

Is Nigeria prepared for Emefiele’s cashless policy?

By Editor 177 2
Cashless monetary policy is the way to go, but Nigeria needs to deepen digital literacy as the starting point. By Daniel Adaji Key points: Internet penetration is barely above average Digital literary is also not impressive 36 per cent of Nigerians, over 50 million, are not literate Poor Nigerians cannot procure android mobile phones for […]Continue Reading
NGX
Banking Blogs Business Media Top Stories

NGX appoints advisory panel on digital technology products

By Editor 134 0
The Nigerian Exchange Ltd. (NGX) has set up NGX Digital and Technology Products Advisory Panel (The Panel) as part of efforts in advancing its digital transformation agenda. The Exchange said this in a statement issued by Mr Clifford Akpolo, Head, Marketing and Corporate Communications, NGX, on Tuesday in Lagos. The statement said the panel would provide […]Continue Reading
Banking Blogs Business Media Top Stories

Tax harmonisation: FIRS signs MoU with LIRS for joint tax operations and audit

By Editor 116 0
The Federal Inland Revenue Service (FIRS) yesterday signed a Memorandum of Understanding (MoU) with the Lagos Internal Revenue Service (LIRS) where the two tax authorities would collaborate on joint tax audit, investigation and automatic exchange of information. The MoU signing ceremony which took place at the State House, Marina, Lagos State, Monday was executed by […]Continue Reading
Osibanjo
Blogs Banking Business Media Opinions Photos Top Stories

Cashless system helps in tracking election financing — Osinbajo

By Editor 138 2
Vice President Yemi Osinbajo says a cashless policy, when effectively operated in Nigeria, can help stem the surge of illicit election financing by making it possible to track funds. Osinbajo’s spokesman, Laolu Akande, in a statement on Monday in Abuja, said the vice president received a delegation of the EU Election Observation Mission led by […]Continue Reading
Banking Blogs Business Education Media Opinions Top Stories Zenith Bank, Cross Rivers, Nigeria, Banking, Economy

New Naira notes scarcity: Businesses shutdown in Kogi communities

By Editor 162 2
By Daniel Adaji Anthony Esther, a resident in Okpo, Olamaboro Local Government Area of Kogi State, has lamented the non-availability of the new Naira notes in her community and how several businesses have shut down not wanting to continue to transact in the old currency for fear that they might not be able to change […]Continue Reading
Mr. Muhammad Nami, Executive Chairman, Federal Inland Revenue Service (FIRS) during a meeting at the FIRS HQ, Abuja
Banking Blogs Business Media Photos Top Stories

FIRS breaks Its 2021 record, collects N10.1 trillion In 2022

By Editor 171 0
By Daniel Adaji The Federal Inland Revenue Service (FIRS) has announced that it collected over N10 trillion in tax revenue in the year 2022, the highest tax collection ever recorded in its history.   The Service made this known in its “FIRS 2022 Performance Update,” report signed by its Executive Chairman, Mr. Muhammad Nami, and […]Continue Reading
Prof. Osinbajo
Banking Blogs Business Investigations Top Stories

Nigeria will not be left behind in technology – Osinbajo

By Editor 130 0
VP headlines Interswitch 20th anniversary event in Lagos *Says Africa is next frontier in innovations  With the rapid growth of innovation and technology recorded over the years globally, there are even more exciting new frontiers to be explored and harnessed by Nigeria’s talented and enterprising young entrepreneurs. This was the view of Vice President Yemi […]Continue Reading
Naira note
Blogs Banking Business Fact Check Investigations Media Photos Top Stories Zenith Bank, Cross Rivers, Nigeria, Banking, Economy

FactCheck: No, Nigeria hasn’t introduced N5,000 and N2,000 banknotes

By Editor 166 0
By David Ajikobi A video posted on Facebook in July 2021 shows piles of what seem to be Nigerian naira banknotes. A hand lifts bundles of the notes to the camera, revealing that they have the insignia and name of the central bank and are in denominations of N5,000 and N2,000. A woman’s voice can […]Continue Reading
Dangote
Arts Banking Blogs Business Media Photos Top Stories

MAN condemns invasion of Dangote Cement Plant by Kogi State Govt

By Editor 118 0
…says move will discourage new investments, potential investors By Daniel Adaji The Manufacturers Association of Nigeria (MAN) has strongly condemned the invasion of Dangote Cement Plant on Wednesday by the state’s security outfit, the Vigilantes, on the order of the State Governor Yahaya Bello, noting that such action will discourage new investments in the State. […]Continue Reading
armed robbers
Fact Check Banking Blogs Business Features Investigations Media Opinions Top Stories Zenith Bank, Cross Rivers, Nigeria, Banking, Economy

Fact-check: Did armed robbers raid UBA in Ankpa?

By Editor 202 3
By Daniel Adaji Armed robbers attacked banks in Ankpa Local Government Area of Kogi State onTuesday September 6, 2022. This attack was the second most gruesome in 10 years and it left at least two persons dead, several others wounded and a Police Station shattered. Claim: Several media organisations reported that three bank branches: United […]Continue Reading
Robbery
Arts Banking Blogs Business Features Investigations Media Photos Terrorism Monitor Top Stories Uncategorized Zenith Bank, Cross Rivers, Nigeria, Banking, Economy

Cash shortage hits Kogi East after Ankpa Bank Robbery

By Editor 225 Post a comment
By  Daniel Adaji The robbery of First Bank Plc and Zenith Bank Plc branches in Ankpa, Kogi East last Tuesday, September 6, 2022, has caused severe cash shortage in the geopolitical zone. An eye witness, Julius Adukwu, who is a resident of Ankpa,  told The Insight that “The robbers invaded Ankpa at about 1pm on […]Continue Reading
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