Nigeria
Nigeria: CBN Forex Policy Documentation Expected to Instill Order and Discipline in Nigeria, Says i-Invest Chairman
Dotun Sulaiman, Chairman of Parthian Partners Limited, the brokerage firm behind the digital investment platform i-Invest, is optimistic about the potential impact of ...
Nigeria
Nigeria: Federal Government to Enforce Excise Duty on Telecoms Services, Contemplates VAT Rate Increase
The Federal Government is gearing up to introduce excise duty on telecommunication services as part of its strategy to augment revenue generation. This ...
News
Nigeria: Federal Government to Expand VAT Agent Network Across Five Sectors – Report
The Federal Government has revealed its intention to increase the number of tax agents in five key sectors as part of an effort ...
Nigeria
Nigeria: Lagos Tax Appeal Tribunal Orders MTN to Pay $72.5 Million Fine to FIRS
The Lagos State Division of the Tax Appeal Tribunal has ruled that MTN Nigeria Communications must pay a fine of $72,551,059 in tax ...
Nigeria
Nigeria: Divergent Opinions Emerge Regarding CBN’s Forex Ban Reversal
The recent decision by the new Governor of the Central Bank of Nigeria, Dr. Yemi Cardoso, to lift the ban on forex for ...
Nigeria
Nigeria: Financial Industry Calls for Stringent Measures Against Financial Criminals
A consensus among stakeholders in the financial sector has emerged, leading to a set of measures aimed at blacklisting criminals involved in financial ...
News
Nigeria Gains Membership in Global Privacy Assembly for Data Protection Efforts
Nigeria has achieved membership status in the Global Privacy Assembly (GPA) in recognition of its substantial contributions to data privacy and protection. The ...
Morroco
Morocco’s Inflation Moderates as Government Unveils $62 Billion Budget
In September 2023, Morocco’s annual inflation rate saw a slight decline to 4.9% from the previous month’s 5%. This decrease can primarily be ...
Africa
Africa: UBA Joins PCAF Global Core Team, Leading in Carbon Accounting
United Bank for Africa (UBA) Plc, often referred to as Africa’s Global Bank, has achieved a significant milestone by gaining membership in the ...
Ghana
Ghana: Treasury Bills Dominate Banks’ Investment Portfolio, Surging to 51% – Bank of Ghana
The Bank of Ghana’s September 2023 Monetary Policy Report reveals that investments in treasury bills have become the largest component of banks’ investment ...