Commercial banks have directed customers to link their accounts with their National Identification Numbers (NINs) or Tax Identification Numbers (Tax IDs) ahead of the implementation of Nigeria’s new tax laws. In separate notices to customers, the banks said the new regulations require all bank accounts to be linked to a tax ID before the effective […]
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday, disclosed that at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers over complaints. The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday, disclosed that at the end of June 2021, commercial banks […]
MOTOLANI OSENI Access Bank Plc, United Bank for Africa Plc and four other big banks in Nigeria reported N235.4billion profit in first quarter (Q1) ended March 31, 2021. This is an increase of 6.03 per cent from N222.02billion reported in Q1 2020. The other four banks are Guaranty Trust Bank Plc (GTBank), FBN Holdings, ETI […]