Old notes: Cash crunch worsens as Nigerians wait on Buhari
The widespread rejection of the old N500 and N1,000 which persisted yesterday was worsened by banks’ refusal to accept deposits of the notes without registration
Category : Banking
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About Banking News Today
The banking industry involves borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment.
It is majorly used to keep money safe for customers, offer customers interest on deposits, protect against money losing value against inflation, lend money to firms, customers and homebuyers, and offer financial advice and related financial services, such as insurance
This is the major reason why we keep everyone updated on the recent happenings in the financial industry.
CBN issues operational guidelines on open banking
CBN issues operational guidelines on open banking The CBN issued operational guidelines for open banking in Nigeria on Wednesday. The guidelines establish principles for data
Nigeria records N697.38bn VAT in Q4 2022 – NBS
Nigeria records N697.38bn VAT in Q4 2022 – NBS The National Bureau of Statistics (NBS), said the aggregate Value Added Tax (VAT) stood at N697.38
Coy income tax for Q4 2022 stood at N753.88bn — NBS
Coy income tax for Q4 2022 stood at N753.88bn — NBS The National Bureau of Statistics (NBS), says aggregate Company Income Tax (CIT) stood at
120,359 investors get MTN incentive shares
120,359 investors get MTN incentive shares Telecommunication company, MTN Nigeria, has completed the allotment of over 3.9 million incentive shares to 120,359 qualified shareholders. According
TotalEnergies forecasts N3.5bn PAT for Q2
TotalEnergies forecasts N3.5bn PAT for Q2 Total Energies Marketing Plc has projected a revenue of N3,578bn for the second quarter of 2023. This was revealed
