Financial Market

Nigeria has announced the imposition of a 7.5 percent value-added tax (VAT) on cryptocurrency transaction fees. This decision, enacted by...

The Senate has scored the executive low in the implementation of the capital component of the 2024 budget, saying there...

The Central Bank of Nigeria (CBN) has threatened to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations...

The naira has emerged as the worst-performing currency in the world in the first half of 2024. According to a...

Dr. Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), during an interview with Bloomberg TV said Nigeria recorded...

The Federal Inland Revenue Service has dropped tax charges against Tigran Gambaryan, Binance's head of financial crime compliance. According to...

The Nigerian economy was partially paralysed on Monday following the nationwide strike embarked upon by the Nigeria Labour Congress and...

The Central Bank of Nigeria has mandated all existing Bureau De Change (BDC) Operators to re-apply for new licenses in...

The Head of the Directorate of Valuation Standards, Financial Reporting Council of Nigeria, Ugochukwu Nwora, said that the council has...

The International Monetary Fund (IMF) has urged Nigeria's government to create a "robust and adequate" framework to combat cybercrime in...