Nigeria
Nigeria: FG targets policy, data reforms to deepen AfCFTA implementation
The Federal Government, through the Federal Ministry of Industry, Trade and Investment (FMITI), is planning a broad policy and data overhaul to deepen ...
News
Nigeria: Budget Office Warns Against Speculation Over Tax Reform Acts
The Budget Office of the Federation has defended the integrity of Nigeria’s recently enacted Tax Reform Acts, cautioning against what it described as ...
Nigeria
Nigeria’s New Tax Regime Begins as NRS Replaces FIRS
Nigeria’s new tax regime officially commenced today with the transition of the Federal Inland Revenue Service (FIRS) into the Nigeria Revenue Service (NRS), ...
Nigeria
Nigeria: NDIC restates fiscal compliance, seeks policy exemption to strengthen reserves
The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its full compliance with fiscal and financial regulations, including the Fiscal Responsibility Act (FRA) 2007, ...
Nigeria
Nigeria: GTCO secures CBN, SEC approval to raise N10bn via private placement
Guaranty Trust Holding Company Plc (GTCO) has received regulatory approval from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission ...
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Nigeria: FIRS accredits PwC as system integrator for mandatory e-invoicing
The Federal Inland Revenue Service (FIRS) has accredited PwC Nigeria as a system integrator for the country’s mandatory e-invoicing regime under the Monitoring, ...
Nigeria
Nigeria: FG cost-to-income policy eroding depositor protection buffer — NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has raised concerns that the Federal Government’s 50 per cent cost-to-income ratio policy is constraining its capacity ...
Nigeria
Nigeria: NAICOM insists insurance recapitalisation deadline remains unchanged
The National Insurance Commission (NAICOM) has ruled out any extension of the ongoing insurance industry recapitalisation deadline, stressing that the timeline is clearly ...
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Nigeria: CBN projects FX reserves to rise to $51bn by 2026
The Central Bank of Nigeria (CBN) has projected that the country’s external reserves will rise to $51.04bn in 2026, up from an estimated ...
Nigeria
Nigeria: CBN FX reforms fuel return of foreign card usage
Foreign card usage is gradually returning to Nigeria after years of restrictions, signalling improved foreign exchange liquidity and renewed confidence in the country’s ...