'Amendment to Banking and Financial Institutions Act underway' – Daily Trust

Nigeria News News

'Amendment to Banking and Financial Institutions Act underway' – Daily Trust
Nigeria Latest News,Nigeria Headlines
  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

‘Amendment to Banking and Financial Institutions Act underway’

A bill sponsored by the lawmaker representing Kaduna Central, Senator Uba Sani seeking to amend the Banking and Other Financial Institutions Act has passed first reading in the Senate on Tuesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily Trust /  🏆 13. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COVID-19 will impact banks adversely – Zenith Bank CEO – Daily TrustCOVID-19 will impact banks adversely – Zenith Bank CEO – Daily TrustThe Chief Executive Officer (CEO) of Zenith Bank, Ebenezer Onyeagwu, has said the COVID-19 pandemic is bound to adversely affect the Nigerian banking industry. Speaking to CNBC Africa, Onyeagwu stated that one of the most immediate impacts of the pandemic was the fact that the oil price crash would have negative implications for banks’ revenue …
Read more »

Daily Trust Editor-in-Chief loses father – Daily TrustDaily Trust Editor-in-Chief loses father – Daily TrustThe death has occurred of Malam Miko Alhassan, father of the Editor-in-Chief of Media Trust Limited (Publishers of Daily Trust titles), Naziru Mika’ilu. Malam Alhassan, 89, died in Kano yesterday after a protracted illness. According to family sources, Malam Alhassan was born in Gora, Madobi Local Government Area of Kano State in 1931. Before his …
Read more »

AEDC: Investors, bank bicker over $18m privatization loan – Daily TrustAEDC: Investors, bank bicker over $18m privatization loan – Daily TrustCrisis is brewing between KANN Utility Company Limited, the lead investor in Abuja Electricity Distribution Company (AEDC) and the United Bank for Africa (UBA) over claims on repayment of the $18m acquisition loan the company secured in 2013 to acquire AEDC. Daily Trust reports that AEDC was among the 11 Distribution Companies (DisCos) the federal …
Read more »

Investors lose N49.3bn on profit-taking in banking stocks – Daily TrustThe domestic equities market opened the week on a negative note due to profit-taking in Guaranty Trust Bank (-4.3percent), UBN (-8.6percent) and Zenith (-2.3percent). Consequently, the All-Share Index (ASI) shed 39bps to close at 23,950.83 points. Investors lost N49.3bn as market capitalisation fell to N12.5tn while year to date loss worsened to -10.8percent. Activity level …
Read more »

Shareholders laud NOVA Merchant Bank’s board on performance – Daily TrustShareholders laud NOVA Merchant Bank’s board on performance – Daily TrustShareholders of Nova Merchant Bank during their 3rd Annual General Meeting (AGM) held virtually in Lagos have commended the board and management on the bank’s impressive performance. They urged the board and the management to continue the growth trajectory, despite the current macroeconomic headwinds occasioned by the coronavirus and drop in oil prices. While presenting …
Read more »

Sterling Bank reports N32.9bn gross earnings in Q1 – Daily TrustSterling Bank reports N32.9bn gross earnings in Q1 – Daily TrustSterling Bank Plc, has reported gross earnings and profit after tax of N32.9 billion and N2.065 billion respectively for the first quarter ended March 31, 2020 This is even as the lender disclosed that its net operating income rose to N18.779 billion in the quarter under review compared to the N18.565 billion recorded in the …
Read more »



Render Time: 2025-04-04 20:56:09