Banking institutions

“Nigerian Banks Hit by Submarine Cable Damage: Internet Outages in Africa”

Submarine cable damage has hit Nigerian banks, leading to internet outages across parts of Africa. The disruption, caused by cuts to submarine cables near...

CBN Strengthens Surveillance on Banks Amidst Allegations of Economic Crimes

  The Central Bank of Nigeria (CBN) has intensified its pre-emptive surveillance of banks to uncover possible infractions and ensure compliance with existing rules and...

LIRS Reminds Taxpayers of March 31 Deadline for Annual Tax Return Submission

In compliance with the stipulations outlined in the Personal Income Tax Amendment Act (PITA) Cap P8 2011, the Lagos State Internal Revenue Service (LIRS),...

CBN Reports Surge in Overseas Remittances, Foreign Portfolio Investments

  The Central Bank of Nigeria (CBN) revealed on Thursday that overseas remittances into the country experienced a notable increase, reaching $1.3 billion in February,...

CBN Warns mortgage banks, others financial Institutions on Timely Regulatory Reporting

The Central Bank of Nigeria (CBN) has issued a warning to Primary Mortgage Banks (PMBs), Development Finance Institutions, and Microfinance Banks regarding the timely...

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