
Explainer: Why the 7.5% VAT on Bank Charges Doesn’t Reduce Money You Send or Receive
Recent announcements about the Federal Government’s directive on 7.5% Value Added Tax (VAT) on bank and fintech charges have caused

Recent announcements about the Federal Government’s directive on 7.5% Value Added Tax (VAT) on bank and fintech charges have caused

Starting today, June 18, 2025, Nigerian telecom subscribers will face direct charges for Unstructured Supplementary Service Data (USSD) services from

Bureau De Change (BDC) operators in Nigeria are finding it increasingly difficult to buy foreign exchange from commercial banks, as

Business event pictures from Zenith Bank, Egbin Power Plc, National Council on Climate Change, First Bank, Esso Properties Limited, IITA,

Yvonne Johnson is the CEO of Indicina, a consumer credit start-up which aspires to provide every business in

The Central Bank of Nigeria (CBN) this week approved the release of banks’ excess Cash Reserve Ratio (CRR) as part

International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings

The Central Bank of Nigeria (CBN) has rejected claims it is clamping down on the organisers of October’s anti-police brutality

President Muhammadu Buhari has signed the Banks and Other Financial Institutions, BOFI, Act 2020 into law, which among other things

A federal high court in Abuja has granted the request of the Central Bank of Nigeria to freeze the accounts

Nigerian banks face the risk of falling below minimum capital buffers demanded by regulatory authorities in case the economy tightens

While many Nigerians are still battling with the collection of their national identity cards, largely due to poor logistics, the






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