Nigeria
Nigeria: VAT Reform to Lower Manufacturing Costs by 3.3% – Oyedele
The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has revealed that the proposed Value Added Tax (VAT) reform is projected to ...
Nigeria
Nigeria: SEC DG Advocates Fairness and Transparency to Bolster Nigeria’s Capital Market
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called on stakeholders in Nigeria’s capital market to embrace fairness, ...
Regulatory
Global: Hong Kong Legislator Advocates Adding Bitcoin to National Reserves for Financial Stability
A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to integrate Bitcoin into the region’s national reserves, aiming to ...
Nigeria
Nigeria: Telecom Operators Warn of Service Shedding Amid Tariff Challenges – ALTON
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has issued a stark warning, announcing that its members may begin service shedding unless ...
Regulatory
Global: Blockchain Association Challenges IRS Over Crypto Broker Rules
The Blockchain Association has filed a lawsuit against the U.S. Internal Revenue Service (IRS), alleging that its latest cryptocurrency broker rules exceed statutory ...
Regulatory
Global: DeFi Faces Three Strategic Paths Amid IRS Reporting Rule — Alex Thorn
The U.S. Treasury Department and Internal Revenue Service (IRS) recently proposed a reporting rule classifying decentralized finance (DeFi) front-end platforms as brokerages, prompting ...
Nigeria
Nigeria: NCC Approves MTN’s Disconnection of Exchange Telecommunications
The Nigerian Communications Commission (NCC) has granted approval for MTN Nigeria to disconnect Exchange Telecommunications Ltd. from its network over unpaid interconnect charges. ...
Nigeria
Nigeria: CBN Approves Sterling HoldCo’s N75bn Capital Injection
The Central Bank of Nigeria (CBN) has granted approval for the N75 billion additional capital raised by Sterling Financial Holdings Company (Sterling HoldCo), ...
Nigeria
Nigeria, Others Lose $1.6bn Daily to Illicit Financial Flows – AfDB
Africa is losing approximately $1.6 billion daily due to illicit financial flows (IFFs) and profit shifting by multinational corporations operating on the continent, ...
Nigeria
Nigeria: MTN, NTEL Spectrum Lease Extension to Enhance Nigeria’s 3G and 4G Coverage
The Nigerian Communications Commission (NCC) has approved the renewal and expansion of the spectrum lease agreement between MTN Nigeria Communications Plc and Natcom ...
