Learn what a bank debit is, how it reduces your bank deposits, its significance in bookkeeping, and key examples that ...

The issue was whether cash deposited during demonetisation could be taxed as unexplained money. The Tribunal held that prior withdrawals from the bank sufficiently explained the deposits, warranting ...

Gabriel Ochoche, a bank compliance officer, testifies on N46.5m transfers amid ex-Kogi governor Yahaya Bello's trial for ...

RBA governor Michele Bullock has explained why the board central bank decided to increase interest rates, impacting millions ...

A Nairobi florist refunded KSh 30,000 to a client after CBK's warning on money bouquets. The directive impacted florists, ...

Elizade JAC Autoland Limited says it has entered into a strategic partnership with Sterling Bank Plc to expand access to brand-new vehicles for Nigerians through structured and flexible financing ...

The decision sets a precedent for businesses that declare zero income while actively operating, yet fail to produce proper ...

The Reserve Bank's governor acknowledged borrowers would likely be disappointed but warned of a "harder" alternative.

Fitch Ratings has downgraded African Export-Import Bank's (Afreximbank) Long-Term Issuer Default Rating (IDR) to 'BB+' from ...

Cash deposits during demonetisation were held to be business receipts already recorded as sales in audited books. The tribunal ruled that taxing the same receipts again under Section 68 amounts to ...

Reserve Bank governor Michele Bullock is expected to face a barrage of questions about government spending, days after she ...

How will Donald Trump’s pick for US central bank chairman affect markets? - Former Fed governor Kevin Warsh has been nominated by Mr Trump to replace current chair Jerome Powell when his term ends in ...