The Lagos State Internal Revenue Service (LIRS), has announced a new enforcement strategy aimed at tackling persistent tax default and…
Browsing: Banks
The Nigerian banking sector is regulated by the Central Bank of Nigeria (CBN), which issues licences to financial institutions based…
As Nigeria’s Nigeria Tax Act (NTA), 2025 took effect on January 1, 2026, a fresh controversy has erupted over how…
The International Monetary Fund (IMF), is set to publish its January 2026 World Economic Outlook (WEO), Update on Monday, January…
From January 1, 2026, banks and financial institutions in Nigeria will begin charging senders a N50 stamp duty on electronic…
In a major move to improve the usability of international payment cards in Nigeria, the Central Bank of Nigeria (CBN),…
Commercial banks across Nigeria, including Fidelity Bank and Ecobank, have issued urgent warnings to customers that bank accounts not linked…
Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has stated that the new tax reform laws…
The Central Bank of Nigeria (CBN), has announced major adjustments to its cash-handling regulations, abolishing the ceiling on cash deposits…
The Central Bank of Nigeria (CBN), has confirmed that 16 banks have fully met the revised regulatory capital requirements, marking…
The Central Bank of Nigeria (CBN) has announced that 14 banks have fully met the new capital requirement in the…
A new report by Reclaim Finance, in partnership with WWF, Urgewald, and Rainforest Action Network, reveals that the world’s largest…