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During A Meeting Between SEC and Stanbic IBTC Bank in Abuja

Posted on Author brtnews Comments Off on During A Meeting Between SEC and Stanbic IBTC Bank in Abuja

L-R: Chief Executive Officer, Stanbic IBTC Bank, Dr Demola Sogunle; the Bank’s Country Head Public Sector, Hajia Hauwa Bello and Director General, Securities and Exchange Commission, Mr. Lamido Yuguda; during a meeting between SEC and Stanbic IBTC
Bank in Abuja

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Nigeria’s Insurance Sector Grows 6.07% In Q2, 2018 – NBS

Posted on Author Omotola Collins

The National Bureau of Statistics (NBS) has reported a 6.07 percent growth in the nation’s insurance industry in the second quarter of this year. The risk underwriting sector currently accounts for 16.02 percent share of the financial services market. In its latest report on the finance and insurance sector’s performance in the quarter under review, […]

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Supreme Court Orders Old Naira Notes’ Use Until Year End

Posted on Author brtnews

.…..Nullifies CBN’s Naira redesign policy   The Supreme Court on Friday ruled that Nigerians can continue to spend their old N200, N500 and N1,000 notes until 31 December, 2023. With the ruling, the apex court has invalidated the subsisting President Muhammadu Buhari’s pronouncements and the Central Bank of Nigeria’s (CBN’s) directives on the cash swap […]

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Mass Tax Trickery Cost Europe 55 Billion Euros – Report

Posted on Author Omotola Collins

Two closely related tax schemes have helped banks and investors avoid tax or even syphon cash directly out of European treasuries, totaling billions more than previously thought, an investigation indicated on Thursday. So-called “cum-ex” and “cum-cum” deals complex stock transactions around the days when companies pay out dividends have cost taxpayers as much as 55 […]

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