CBN Orders Banks To Close All Accounts Transacting In Cryptocurrency
The Central Bank of Nigeria has ordered all banks to close accounts of anyone who transacts in cryptocurrency. The order was contained in a circular to banks and other financial…
FG to Commence Probe of 22 DMBs Over Stamp Duties Collection, Expects to Recover N100bn
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says it will soon commence probe of banks over stamp duties collection as it expects to recover more than N100 billion from…
Skye Bank’s Takeover Saved 6,000 Jobs N949bn Depositors’ Money- NDIC
The Nigerian Deposit Insurance Corporation, NDIC says the takeover of Skye bank by its new owners, Polaris saved the job of 6,000 workers and depositors’ money…