The Tax Reform Bills: A Double-Edged Sword for Nigeria’s Economy
The proposed tax reform bills in Nigeria have been causing a lot of discussion, with many people, including experts, talking ...
Tag: Finance
Nigerian Stock Market Records Significant Gains as All-Share Index Surpasses 98,000 Mark
On Wednesday, the Nigerian Stock Exchange (NSE) saw a significant increase in trading activity. The All-Share Index (ASI) rose by ...
Bitcoin surges to new all-time high, breaking $100,000 barrier
In a historic development, Bitcoin, the world's largest cryptocurrency, has gone past the very important $100,000 mark, reaching a new ...
CBN’s Rate Hike Boosts Finance and Insurance Sector’s GDP by 30.83%
Nigeria's finance and insurance industry has experienced significant growth, with a real increase in the country's total economic output of ...
Nigeria’s Tax Reforms: A Double-Edged Sword for Economic Growth
As Nigeria faces difficulties in growing its economy and developing, the government's new tax changes have caused a lot of ...
CBN Plans to Retire 1,000 Staff in Sweeping Workforce Reforms
The Central Bank of Nigeria (CBN) may retire up to 1,000 employees by December 31, 2024, as part of what ...
UBA Expands to France, Begins Full Banking Operations
United Bank for Africa (UBA) has begun full banking services in France as of November 30, 2024. This important step ...
CBN Cracks Down on Cash Withdrawal Issues, Urges Customers to Report
The Central Bank of Nigeria (CBN) has urged bank customers to report any difficulties withdrawing cash from bank branches or ...
Nigerian Equities Market Sees 1.97% Rise in Domestic and Foreign Portfolio Participation
The Nigerian stock market saw a 1.97% rise in total local and international investments in stock trading, reaching 502.73 billion ...
CBN Introduces New Guidelines for Interbank FX Trading via EFEMS
The Central Bank of Nigeria (CBN) has introduced new guidelines for foreign exchange trading through Matching System (EFEMS), starting from ...
Tron Founder Joins Trump-Backed Crypto Project After $30 Million Investment
Justin Sun, the creator of the TRON blockchain, has officially become an advisor for the World Liberty Financial (WLFI) project ...
Valour Launches First Dogecoin Exchange-Traded Product in Sweden
Swedish investors can now buy Dogecoin more easily because Valour, which is part of a Canadian crypto company called DeFi ...
CBN Rate Hike Steadies Naira as Trump’s Tariff Plan Rattles Markets
The Nigerian currency showed strength in the official market but still struggled in the black market, even after the Central ...
Analysts Anticipate 50 Basis-Point Rate Hike Amid Persistently Elevated Inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has commenced its final two-day meeting for 2024 ...
Trump Declares Immediate Tariffs on Mexico, Canada and China
Donald Trump has announced that he will hit China, Mexico and Canada with new tariffs as from the first day ...
