Joy Obakeye The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), has urged the federal government to rescind its decision regarding selling government-owned assets to finnace the 2021 budget. According to the President of ASSBIFI, Comrade Oyinkan Olasanoye, the plan to sell any assets now is as a result of uncoordinated policies, […]
Mixed reactions have trailed the statement released by the Federal Inland Revenue Service (FIRS) and addressed to essential service providers on payment of taxes during the COVID-19 lockdown In a personally signed press release, Executive Chairman of FIRS, Muhammad Nami acknowledged the difficulties being faced by businesses as the COVID-19 pandemic ravages on. “Nonetheless, we […]
Philip Clement – Abuja The Central Bank of Nigeria has directed all financial institutions and mortgage banks to eliminate interest rate and lending fees on goods and services rendered to customers. In a circular signed by the Director, Financial Policy and Regulations of the bank, Kelvin N. Amugo, the apex bank said the decision was […]
African Export-Import Bank (Afreximbank) Executive Vice President, Business Development and Corporate Banking Amr Kamel has said that the transformation of trade in Africa is a task that all African financial institutions must collectively pursue as major stakeholders in its quest to facilitate African trade. Speaking during a roadshowin Dar Es Salam on Tursday, organized by […]
The Trade Union Congress (TUC) has said financial institutions could help the economy come out of recession by not forcing more people out of work. Comrade Bobboi Kaigama, National President of TUC, made the appeal at a conference of members of the union from financial institutions held recently in Abuja. According to him, financial […]