SEC introduces measures to tackle fraud, unclaimed dividends
The Securities and Exchange Commission (SEC) is planning to provide capital market participants with unique identifiers in order to reduce…
With right policies, Nigeria can leverage trade for poverty reduction, says World Bank
The World Bank says the Russia-Ukraine war, coronavirus (COVID-19) pandemic, and rising inflation pose challenges to Nigeria’s poverty reduction goals.…
FIRS to deduct States, LGAs unpaid VAT, WHT from FAAC account
THE Federal Inland Revenue Service (FIRS) has said it would begin deducting unremitted Valued Added Tax (VAT) and Withholding Tax…
Buhari woos Spanish investors with tax holidays
President Muhammadu Buhari says Nigeria is open to more collaborations with Spain for investments. Buhari said this on Thursday at…
CBN directs bank customers to produce indemnity for online transfers above N1m
The Central Bank of Nigeria (CBN) has directed banks and Payment Service Providers to accept indemnity from customers for highly…
CBN retains 5% interest rate for critical sectors, manufacturing industries
Sequel to its development finance initiative, the Central Bank of Nigeria (CBN) has agreed to leave interest rates at five…
Bitcoin – What Happens Next?
By Luis Monzon Bitcoin, the world’s largest and most important cryptocurrency, is currently sitting around $30,000 after losing around 60%…
DMO calls for investment in FG’s securities
The Debt Management Office (DMO) says Nigerians can invest in the various Federal Government securities, assuring that they are profitable…
NEPC targets $2.7trillion African market through e-commerce
The Nigerian Export Promotion Council (NEPC) is targeting the $2.7 trillion African market through the instrumentality of e-commerce. Speaking at…
Nigeria may spend 100% of revenue on debt servicing by 2026 –IMF
The International Monetary Fund (IMF) says Nigeria may spend almost 100 percent of its revenue on debt servicing by 2026.…