Customs authorities held a meeting with non-compliant banks regarding the remittance of duties
The Nigerian Customs Service announced on Sunday that it recently deactivated only two banks due to their failure to remit collected duties.
The service also...
NNPCL requires a thorough cleaning to bolster its competitiveness among its industry peers
In a period when oil producers are enjoying financial abundance, Nigerians are grappling with challenging economic conditions. This underscores the need for a comprehensive...
The median rent price in Lagos and 10 other states has reached N720,000.
The median rent for a three-bedroom apartment in Nigeria has surged to a record high of N750,000. A comprehensive assessment of the average three-bedroom...
Banks grapple with N478 billion in non-performing loans amidst a challenging economic downturn
During the first half of this year, at least four banks collectively reported non-performing loans amounting to N478 billion in their financial results.
Specifically, Guaranty...
Deputy CBN Governor Aishah Ahmad arrested and held by DSS, with a reported $300 million involved
On Saturday, the Department of State Services (DSS) apprehended and placed Mrs. Aishah Ahmad, the Deputy Governor of the Central Bank of Nigeria (CBN),...
