Seven Banks Fail CBN’s Stress Test

Recent Reports reveals that  positions of seven commercial banks are inadequate, the result of Central Bank of Nigeria (CBN) stress test released on Thursday, has shown. The financial stability report signed by CBN Director, Financial Policy and Regulation Department, Kelvin Amugo, showed that in the less than 30-day period analysis, seven banks were not adequately…

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30,000 firms fail to pay taxesp in Kaduna

Chairman , Kaduna State Internal Revenue Services, Zaid Abubakar, has said more than 30,000 companies in the state do not pay their taxes. He said this on Tuesday in Kaduna when a civil society organisation, Tax Justice and Governance Platform, paid him a courtesy visit. He noted that only a few paid their taxes, adding…

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