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Nigeria introduces 7.5% VAT on crypto transactions
KuCoin, a cryptocurrency exchange, says it will commence collection of a 7.5 percent value-added tax (VAT) on transaction fees for ...Nigeria wins bid to host $5bn Africa Energy Bank
The federal government has announced that Nigeria has been successful in its bid to host the headquarters of the $5 ...Forbes honours Mutfwang, Diri, others for exceptional visionary leadership
Forbes, the leading global media group, has honoured Plateau State Governor Caleb Manasseh Mutfwang as one of the three ...NOVA Bank begins operation as national commercial bank
NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a national commercial bank. The bank ...Interest rate at 30% will stifle growth, hinder job creation, Dangote warns CBN
Aliko Dangote, president of the Dangote Group, says the increase of interest rate to almost 30 percent by the Central ...FG Exempts Farmers, Manufacturers, SMEs From Paying Withholding Tax
The Federal Government has exempted farmers, small businesses, and manufacturers from withholding tax. This is according to the Chairman of ...Stop rejecting lower Dollar bills, CBN warns banks, BDCs
The Central Bank of Nigeria (CBN) has issued a warning to Deposit Money Banks (DMBs) and authorised forex dealers, advising ...NNPC Declares State of Emergency On Oil Production
The Nigerian National Petroleum Company (NNPC) Limited has declared a state of emergency on oil and gas production in Nigeria. ...Naira ends five-day depreciation streak at parallel market, now N1,510/$
The naira ended a five-day depreciation streak on Monday at the parallel section of the foreign exchange (FX) market. Nigeria’s ...Air Force men arrest electricity workers for disconnecting Base over unpaid bills
Some Air Force personnel from the Sam Ethnan Air Force Base, Bolade, Oshodi, have allegedly invaded the premises of a ...
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