News

The Presidential Fiscal Policy and Tax Reforms Committee has revealed plans to provide tax relief to 95% of businesses operating in Nigeria's informal sector. Mr. Taiwo Oyedele, the Committee's Chairman,...

According to data from the NCS exchange rate portal, the exchange rate used by the Nigerian Customs Service (NCS) to collect import duties has surged to N1457/$, marking the highest...

In light of an ongoing operational audit by regulatory authorities, Dana Air has revealed that it has let go of certain employees. The Head of Corporate Communications for the airline,...

The Economic and Financial Crimes Commission has read the Riot Act to foreign missions based in Nigeria, banning them from transacting in foreign currencies, and mandating the use of Naira...

Some banks have started the implementation of the Central Bank of Nigeria’s directive on the extension of the commencement of processing fees on deposits. On May 1, banks resumed the...

The government of Zimbabwe has announced fines for businesses that use exchange rates higher than those stipulated by the newly introduced gold-backed currency, known as the ZIG. This move aims...

According to the latest IMF staff country report for Nigeria, the International Monetary Fund (IMF) has suggested that global cryptocurrency trading platforms operating in Nigeria should undergo registration or licensing...

Representative Dominic Okafor, who represents the Aguata Federal Constituency of Anambra State, has threatened to pursue legal action over a media report alleging that he accepted a $140 million bribe...

The Chartered Institute of Taxation of Nigeria has advocated for transparency in the allocation of tax revenue, emphasising that simply collecting taxes without using them wisely, undermines the country’s tax...

The Federal Government has faulted the proposal by telecommunications companies to raise their tariffs, emphasising that increasing data, voice and text message prices isn’t the “sole or optimal solution” to...