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), ...

By Regtech AfricaJanuary 2, 20260

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, ...

By Regtech AfricaJanuary 2, 20260

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 ...

By Regtech AfricaJanuary 2, 20260

News

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, ...

By Regtech AfricaDecember 31, 20250

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 ...

By Regtech AfricaDecember 31, 20250

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 ...

By Regtech AfricaDecember 31, 20250

News

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 ...

By Regtech AfricaDecember 31, 20250

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 ...

By Regtech AfricaDecember 31, 20250

Nigeria

Nigeria: CBN strengthens banking sector resilience as recapitalisation gathers pace

Nigeria’s banking system remains fundamentally stable, sound and resilient, serving as a critical pillar of financial stability, according to the Central Bank of ...

By Regtech AfricaDecember 31, 20250

Nigeria

Nigeria: Oyedele Spells Out Tax ID Requirements for Bank Accounts

Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has stepped in to clear up the confusion around Tax ...

By Regtech AfricaDecember 31, 20250

Nigeria’s New Tax Regime Begins as NRS Replaces FIRS

Nigeria: NDIC restates fiscal compliance, seeks policy exemption to strengthen reserves

Nigeria: GTCO secures CBN, SEC approval to raise N10bn via private placement

Nigeria: FIRS accredits PwC as system integrator for mandatory e-invoicing

Nigeria: FG cost-to-income policy eroding depositor protection buffer — NDIC

Nigeria: NAICOM insists insurance recapitalisation deadline remains unchanged

Nigeria: CBN projects FX reserves to rise to $51bn by 2026

Nigeria: CBN FX reforms fuel return of foreign card usage

Nigeria: CBN strengthens banking sector resilience as recapitalisation gathers pace

Nigeria: Oyedele Spells Out Tax ID Requirements for Bank Accounts

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