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Nigeria government is to receive a 7.5 percent Value Added Tax on Cryptocurrency transactions from users registered in the country from July 8, 2024. A popular...
The Naira has continued its depreciation streak against the dollar in the foreign exchange market despite the Central Bank of Nigeria’s policy interventions. FMDQ data showed...
The Central Bank of Nigeria (CBN) has permitted eligible International Money Transfer Operators (IMTOs) to sell foreign exchange (FX) on Nigeria’s official window. This directive, effective...
The Federal High Court in Lagos on Tuesday ordered the final forfeiture of $1.426 million linked to the embattled former Central Bank of Nigeria, CBN, governor,...
The Federal High Court in Lagos on Tuesday struck out a charge against celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest, over alleged abuse...
Nigeria’s headline month-on-month inflation rate has reportedly slowed for a third time in a row in May 2024, according to the Central Bank of Nigeria. The...
Documents have shown how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria (CBN), on February 8, 2023, was shared. President Bola Tinubu had...
A former Central Bank of Nigeria, CBN, Director of Currency Operations, Ahmed Umar, has disclosed that the immediate past governor, Godwin Emefiele, printed his own design...
The Central Bank of Nigeria has said there is no plan to revoke the licenses of Fidelity, Wema, Polaris and Unity Banks. The acting Director of...