Nigeria
Nigeria: New Bill Requires Tax ID for Opening Bank Accounts in Nigeria
A new legislative bill in Nigeria proposes that individuals involved in banking, insurance, stock-broking, and other financial services must provide a Tax Identification ...
Nigeria
Nigeria: FIRS Launches Centralized Tax Remittance System for States
The Federal Inland Revenue Service (FIRS) has introduced a centralized tax remittance system to streamline tax payments across Nigeria’s 36 states. This new ...
Kenya
Kenya to Integrate M-PESA Paybills with Tax System by December 2024
Moses Kuria, Senior Economic Advisor to President William Ruto, announced during a recent tax summit that Kenya plans to integrate M-PESA Paybills into ...
Mali
Mali Temporarily Lifts Starlink Ban for 6 Months to Develop New Regulatory Framework
Mali has temporarily lifted its ban on Starlink for six months to allow the development of a new regulatory framework, following concerns over ...
Nigeria
Nigeria: Driving Inclusive Growth in Africa’s Fintech Ecosystem – Dr. Aminu Maida
Dr. Aminu Maida, Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), delivered an impactful keynote address during the ...
Regulatory
Africa: Eswatini Unveils Design for Tokenized Retail CBDC, the Digital Lilangeni
The Central Bank of Eswatini, a small African nation bordered by South Africa and Mozambique, has released a detailed design paper outlining the ...
Regulatory
Global: TD Bank Pleads Guilty in Major Money Laundering Case, Agrees to Pay $3 Billion in Penalties
TD Bank has pleaded guilty to multiple criminal charges, agreeing to pay $3 billion in fines and penalties to the U.S. Department of ...
Nigeria
Nigeria: FG Issues Guidelines for Exempting Third-Party Research Grants from TSA
The Federal Government, through the Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, has released guidelines for the exemption of research grants ...
Nigeria
Nigeria: FIRS Launches USSD Code to Simplify Taxpayer Services Nationwide
In a bid to enhance ease of doing business and improve taxpayer experience across Nigeria, the Federal Inland Revenue Service (FIRS) has introduced ...
Nigeria
Nigeria: Federal Government Launches Digital Platform to Streamline Access to Public Services
The Federal Government of Nigeria, in collaboration with Galaxy Backbone and the Korea International Cooperation Agency (KOICA), has unveiled the Government Service Portal ...