Nigeria
Nigeria: SEC and EFCC Collaborate to Combat Virtual Trading Manipulations
The Securities and Exchange Commission (SEC) has affirmed its commitment to collaborate with the Economic and Financial Crimes Commission (EFCC) to combat manipulative ...
News
Nigeria: NITDA Director General Emphasizes Importance of Safe Digital Space in Collaboration with TikTok
Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), has emphasized the necessity of creating a safe and inclusive ...
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Nigeria: National Assembly Anticipates New Tax Regime by September
The Presidential Fiscal Policy and Tax Reforms Committee has announced plans to submit its policy recommendations to the National Assembly by the end ...
Nigeria
Nigeria: FRC Set to Introduce Valuation Regulations by July
Ugochukwu Nwora, the Head of the Directorate of Valuation Standards at the Financial Reporting Council of Nigeria (FRC), has announced the council’s initiative ...
Nigeria
Nigeria: Tinubu Directs Suspension of Cybersecurity Levy Implementation
President Bola Tinubu has instructed the Central Bank of Nigeria (CBN) to halt the enforcement of the contentious cybersecurity levy policy and initiate ...
Nigeria
Nigeria: Banks stop collection of deposits processing fees
Some banks have started the implementation of the Central Bank of Nigeria’s directive on the extension of the commencement of processing fees on ...
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Nigeria: FBNQuest Merchant Bank Records Remarkable 43.1% Growth in Gross Earnings for 2023
FBNQuest Merchant Bank, a prominent Nigerian investment banking and asset management subsidiary under FBN Holdings Plc, has announced a substantial increase in its ...
Nigeria
Nigeria: SEC Proposes N10 Million Penalty for Unapproved Securities Issuance
The Securities and Exchange Commission (SEC) has put forward a proposal to impose a penalty of N10 million for the issuance of private ...
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Nigeria: IMF Urges CBN to Withdraw Forbearance for Deposit Banks
The International Monetary Fund (IMF) has strongly advised the Central Bank of Nigeria (CBN) to phase out the regulatory forbearance granted to Deposit ...
Nigeria
Nigeria: Presidential Committee Recommends VAT Increase and New Revenue Sharing Formula
The presidential committee on fiscal policy and tax reforms has proposed an increase in the value-added tax (VAT) rate, along with a revision ...
