Finance

CBN Monetary Policy Committee retains MPR at 27.50%

BY BONNY AMADI Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) on Thursday announced the retention of its monetary policy rate...

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FG Sues Binance For $79.51bn, N231m, Demands $2bn In Unpaid Taxes

BY BONNY AMADI The Federal Government of Nigeria has filed a lawsuit against cryptocurrency exchange company Binance Holdings Limited, seeking $79.51billion and...

180

SEC to amend regulations to tax cryptocurrency trading

The Securities and Exchange Commission (SEC) is amending regulations to ensure that all eligible transactions on regulated exchanges fall within the formal...

223

CBN directs banks to publish details of dormant accounts, unclaimed balances

The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to publish details of dormant accounts, unclaimed balances,...

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NNPCL Deducts $525m from FIRS Remittances for Road Tax Scheme as States Kick

States in Nigeria have raised concern over deductions by the country’ petroleum Company, the Nigerian National Petroleum Company Limited (NNPCL) from its...

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$150m Binance Bribery Allegations against Nigerian Lawmakers: HEDA Calls for Probe

Demands Public Disclosure of Findings BY BONNY AMADI The Human and Environmental Development Agenda (HEDA Resource Centre) has called on the leadership...

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Don’t Increase Nigerians’ Burden with New CBN ATM Fees, CNF Tells FG

The Cloud Network Foundation (CNF) has urged the Federal Government to reconsider the new ATM withdrawal charges recently introduced by the Central...