9 results
- 24 Jan 2020
Confusion over Whereabouts N20 Trillion Raked in as Stamp Duty
Uba Sani, chairman, Senate Committee on Banking, Insurance and Other Financial Institutions, has said that the over raked in as stamp duty is not with the Central Bank of Nigeria (CBN) as at December…
- 31 Dec 2019
Shehu Sani in Trouble for Allegedly Collecting Money for Magu, EFCC Boss
Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of Shehu Sani, former senator representing Kaduna Central for allegedly collecting money from Sani Dauda, chairman and CEO of…
- 12 Jun 2022
NDIC Says Banks Stable despite COVID-19 Challenges
Mr Bello Hassan, managing director/chief executive, Nigeria Deposit Insurance Corporation (NDIC), has said that Nigerian banks maintained stability despite challenges brought about by the COVID-19…
- 13 Jun 2022
NDIC to End Forbearances on Premium Payment to Banks
With the effects of the Covid-19 pandemic reducing, the Nigeria Deposit Insurance Corporation (NDIC) has announced that it will end forbearances on premiums given to some banks by next year. Speaking…
- 27 Feb 2020
Senate Probes Differences in Banks’ Deposits, Lending Rates
The Senate has begun probe into the rationale behind the huge difference in deposit and lending interest rates among commercial banks and other financial institutions. The Senate said the…
- 24 Feb 2021
SEC Harps on Fintech to Promote Efficiency in Capital Market
The Securities and Exchange Commission has expressed the belief that FinTech would not only bring about efficiency to the capital market but would also serve as a veritable tool for advancing…
- 16 Aug 2020
Senate Pledges Support for NDIC in Protecting Depositors
The Senate Committee on Banking, Insurance and Other Financial Institutions, has pledged to support the Nigerian Deposits Insurance Corporations (NDIC) to carry out its functions more effectively.…
- 29 Apr 2021
Senate Empowers AMCON in New Bill to Seize Debtors’ Assets
Senate has passed the Asset Management Corporation of Nigeria Amendment (AMCON) bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions. The…
- 15 Dec 2022
Senate Confirms Aishah Ahmad, Edward Adamu for Second Term as CBN Deputy Governors
The senate has on Thursday, confirmed Mrs Aishah Ahmad, Deputy Governor, Financial System Stability, Central Bank of Nigeria and Edward Adamu, Deputy Governor, Corporate Services, Central Bank of…