The International Monetary Fund has advised Nigeria and other developing nations to study the revenue potential of personal income tax and, if required, increase it. This was uncovered in a new IMF...
Two of Nigeria’s largest commercial banks declared to the public the limit on international transactions using naira debit cards to $20, which is about 10,000 per month when converted. Nigerians c...
Nigeria's new forex plan aims for $200 billion in inflows Nigeria's central bank has devised a new strategy to entice $200 billion in foreign dire...
CBN to stop the sale of foreign exchange to banks by end of 2022 The Central Bank of Nigeria (CBN) has announced that it will stop selling foreign currency to Deposit Money Banks (DMBs) by the e...