Financial Services
Banking, Insurance and general financial services news
Access Bank tells customers it’s time to pay accrued stamp duty charges
The charges accrued between February 1st and April 30th, due to ommissions by the tier-1 bank.
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A look at how much banks paid their workers in Q1 2020
The Nigerian banking industry remains one of the best places to work in the country.
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MARKET UPDATE: CBN’s historic agriculture lending; Is it yielding the desired results?
CBN in recent years has played an active role in stimulating growth in the agricultural sector.
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CBN debits banks N216.1 billion for CRR compliance
Among the 26 banks affected by the latest debits are regular "victims".
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Nigeria’s tier-1 banks pay N29.8 billion worth of taxes in Q1 2020
These tier-1 banks may be entitled to tax exemptions in Q2 2020.
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AfDB second term presidency for Adesina will deepen Brazilian ties with Africa – IBRAF President
Monte said that the partnership between both institutions was because of the confidence and vision of Adesina.
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African Development Bank joins Nasdaq sustainable bond network
Joining the NSBN will attract the attention of finances of climate and green growth funds.
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Will CBN’s recent MPR reduction have any positive outcomes?
MPR reduction is ideally supposed to have positive outcomes for banks’ lending rate and the economy.
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Focus on one positive impact of COVID-19 on the financial services sector
Mobile money transfers have been instrumental in helping to curtail the spread of the highly-contagious COVID-19.
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Banks’ loans to customers rise to N18.9 trillion in Q1 2020
Banks' loans increased by more than N1 trillion during the first three months of 2020.
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