Tag: Nigeria

On July 8, 2024, users who are registered in Nigeria will be subject to a 7.5 percent Value Added Tax on cryptocurrency transactions. This was revealed by the well-known cryptocurrency ...

In addition to launching a $5 billion first capital round with the goal of growing the bank's asset base to $120 billion in four years, Nigeria is competing to become ...

Foreign investment inflows into Nigeria increased to $3.38 billion in the first quarter of 2024, marking a 210.16 percent rise from the $1.09 billion reported in the fourth quarter of ...

Nigeria's reserves have increased steadily, reaching $34.14 billion on Friday after increasing by 4.06 percent from $32.74 billion on June 3, 2024, according to figures released by the Central Bank ...

The National Identity Management Commission in Nigeria has received $45.5 million from the World Bank as part of the Digital Identification for Development (ID4D) initiative. The monies were distributed in ...

Nigeria's monthly oil output has consistently declined since January 2024, costing the country almost N636.3 billion in lost income. According to figures on oil production obtained from a Federal Government ...

According to the World Bank Logistics Performance Index (LPI), Nigeria is currently ranked 88th out of 141 nations, suggesting a little increase from its 2022 ranking of 91st in global ...

According to the National Bureau of Statistics (NBS), the aggregate value added tax (VAT) was N1.43 trillion in the first quarter of 2024. This is according to the VAT Q1 ...

Andrew Okoja, a former rear admiral, has issued a warning, stating that Nigeria could lose out on $27.29 billion in foreign investment for the Delta State project known as the ...

Nigeria's foreign exchange reserve has steadily increased over the last six days, following a 10-week decline of $1.8 billion, suggesting that the country's external reserve is beginning to recover. Data ...