Magzter GOLD ile Sınırsız Olun
Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin
CBN Denies Fidelity Bank Bankruptcy Rumors Amid Supreme Court Ruling
The Business NG
|The BusinessNG
The Central Bank of Nigeria (CBN) has dismissed circulating claims on social media suggesting that Fidelity Bank is bankrupt.In a statement released Monday, the CBN reaffirmed that Nigeria's banking sector remains resilient, safe, and sound.
-
Hakama Sidi Ali, the acting spokesperson for the apex bank, described the rumors as misleading and urged the public to ignore "sensational and unverified claims." The clarification follows reports linked to a Supreme Court ruling ordering Fidelity Bank to pay N225 billion in damages to Sagecom Concept Limited.
Bu hikaye The Business NG dergisinin The BusinessNG baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Business NG'den DAHA FAZLA HİKAYE
The Business NG
Commuters Groan as Transport Costs Surge Across Lagos Ahead of Christmas
Transportation costs across Lagos have risen sharply in the days leading up to Christmas, adding to the financial strain on residents already grappling with high living expenses.
1 min
BusinessNg
The Business NG
Nigeria's New Tax Reform May Be Delayed or Suspended -Oyedele
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the National Assembly has the constitutional authority to suspend the implementation of Nigeria's tax reform laws scheduled to take effect in January 2026.
1 min
BusinessNg
The Business NG
Foreign Investors Stay Cautious as NGX Foreign Participation Slips to 21% in 2025
Foreign portfolio investment (FPI) in Nigeria's equities market remained subdued in 2025, accounting for just about one-fifth of total market activity despite sweeping reforms in the foreign exchange and capital market space.
1 min
BusinessNg
The Business NG
Countdown to March 2026: 10 Banks Scramble to Meet CBN Recapitalisation Deadline
With just over 100 days to the Central Bank of Nigeria's (CBN) March 31, 2026 recapitalisation deadline, 10 banks are still racing against time to meet the regulator's capital requirements, highlighting the final, high-stakes phase of Nigeria's most significant banking-sector reform in over a decade.
1 min
BusinessNg
The Business NG
Pushback Grows as Lawmakers Reject Gazetted Pro-Poor Tax Laws
The recently gazetted tax laws in Nigeria, aimed at reforming personal income taxation, are facing growing resistance from some lawmakers, despite claims that the reforms target fairness and progressivity.
1 min
BusinessNg
The Business NG
NDLEA Introduces Compulsory School Drug Tests to Curb Youth Substance Abuse
The National Drug Law Enforcement Agency (NDLEA) has rolled out a new policy mandating com-
1 min
BusinessNg
The Business NG
Tinubu Tells Governors: Respect Supreme Court, Give LGs Their Money
President Bola Ahmed Tinubuhas called on state governors across Nigeria to respect the Supreme Court's ruling guaranteeing financial autonomy for local governments.
1 min
BusinessNg
The Business NG
Foreign Investors Eye Undercapitalised Nigerian Banks Amid CBN Clampdown
Nigeria's banking sector is at the center of an intense recapitalisation drive as the Central Bank of Nigeria (CBN) tightens enforcement ahead of the March 31, 2026, compliance deadline.
1 min
BusinessNg
The Business NG
Lawyers Invoke FOI Act to Demand Disclosure of FIRS-France Tax Agreement
A civil society organisation, Lawyers for Civil Liberties, has invoked the Freedom of Information (FOI) Act to request access to the mem-
1 min
BusinessNg
The Business NG
Tinubu to Present N54 Trillion 2026 Budget to National Assembly Today
President Bola Ahmed Tinubu will on Friday (today) present the 54 trillion 2026 budget to a joint session of the National Assembly.
1 min
BusinessNg
Listen
Translate
Change font size