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In February 2023, Nigeria introduced new crypto tax policies aiming to boost its economy, including legal action against Binance for unpaid taxes. Despite the potential revenue of over $81 billion, …
Challenges Facing Nigeria’s New Cryptocurrency Tax Policies Read More
The Nigerian Federal Government will retain Remitta as its approved payment gateway, integrating it into the new Treasury Management and Revenue Assurance System (TMRAS). This system will allow for other …
Nigeria Retains Remitta as CBN-Approved Payment Gateway in New Revenue System Read More
Nigeria’s Eurobond yields have risen as foreign portfolio investors trim their holdings amidst a risk-off climate. The Central Bank of Nigeria maintains its Monetary Policy Rate, exercising caution to ensure …
Rising Eurobond Yields Signal Investor Caution Amidst Economic Uncertainty Read More
The Central Bank of Nigeria has appointed 16 new directors across essential departments to replace previous and retired directors. Significant changes include the restructuring of the Payments System Management Department …
CBN Appoints 16 New Directors to Enhance Financial Oversight Read More
The Central Bank of Nigeria has appointed 16 new directors, initiating a major leadership restructuring aimed at enhancing oversight of banking supervision, payment systems, and consumer protection. Key appointees include …
CBN Appoints 16 New Directors in Significant Leadership Restructuring Read More
The Central Bank of Nigeria has appointed 16 new directors, altering its leadership structure to enhance banking supervision, monetary policy, fintech regulation, and consumer protection. Notable leaders include Akinniyi in …
CBN’s New Directors to Transform Nigeria’s Financial Framework Read More
The Central Bank of Nigeria is intensifying its regulatory oversight to strengthen the financial sector, focusing on compliance, risk management, and curbing financial crimes. Initiatives include training workshops and strict …
CBN Enhances Regulatory Oversight to Fortify Nigeria’s Financial Sector Read More
Nigerian banks have begun enforcing new ATM transaction fees, prompting customer complaints about increased costs that disproportionately affect the economically disadvantaged. The Central Bank of Nigeria supports the changes as …
Nigeria’s New ATM Transaction Fees Spark Customer Outrage Read More
Nigeria has initiated significant economic reforms focused on stabilizing financial markets and controlling inflation, led by the Central Bank of Nigeria in collaboration with fiscal authorities. The recent Monetary Policy …
Nigeria’s Economic Shift: From Stabilization to Growth Amid Inflation Challenges Read More
Brazil’s recent admission of Nigeria as a BRICS partner presents opportunities for economic cooperation, aimed at addressing challenges such as currency instability and a weak manufacturing base. By reducing trade …
Strategic Opportunities for Nigeria through BRICS Partnership Read More