Money Market

Making a Difference: FirstBank Promotes Giving Back with #GivingTuesday

November 25, 2016/First Bank of Nigeria Ltd Employees of Nigeria’s most valuable bank brand, First Bank of Nigeria Limited have volunteered to provide relief materials and donations to persons in need as part of its Employee Giving and Volunteering Scheme. This is as hundreds of companies around the world are […]

Ecobank Collaborates With NIBSS On New Mobile Payment Solution mCash

November 25, 2016/Ecobank Ecobank has joined a collaboration between the Nigeria Interbank Settlement Scheme, NIBSS and the four major telecommunications operators, Etisalat, MTN, Airtel and Globacom, to offer a new and innovation mobile money payment solution, mCash. The new mobile payment solution enables easy payments using the mobile phone for […]

FG defies court as banks continue stamp duty collection

Culled-Punch Everest Amaefule, Abuja The Federal Government and its agencies have continued to defy the ruling of the Court of Appeal that the deduction of stamp duty on bank deposits is illegal. Investigation by our correspondent showed that the Technical Committee on Stamp Duty had advised the Central Bank of […]