FG Attacks KPMG Over New Tax Laws Criticism, Labels Report Policy Misinterpretation
Nigeria’s Presidential Fiscal Policy and Tax Reforms Committee has pushed back against criticisms of the country’s new tax laws, arguing...
KPMG Flags Errors and Gaps in Nigeria’s New Tax Laws, Warns of Risks to Investment and Growth
KPMG Nigeria has raised concerns over what it described as “errors, inconsistencies, gaps and omissions” in Nigeria’s new tax laws,...
CBN FX Interventions Lift Dollar Inflows 38% in December as Market Liquidity Improves
Dollar inflows into Nigeria’s foreign exchange market rebounded by 38 percent month on month in December 2025, buoyed by increased...
NCC, CBN Launch Framework to Ensure 30-Second Refunds for Failed Airtime, Data Transactions
The Nigerian Communications Commission (NCC) has announced a new joint framework with the Central Bank of Nigeria (CBN) aimed at...
CBN Signals No Early Rate Relief, ₦2.7 Trillion Flows Into OMO Bills
The Central Bank of Nigeria (CBN) began the 2026 monetary year with strong investor appetite at its first Open Market...
Nigeria’s Money Supply Hits Record ₦122.9 Trillion Despite CBN’s Tightening Policies
Nigeria’s broad money supply has climbed to a historic high of ₦122.95 trillion, highlighting the continued expansion of liquidity in...
UBA Raises ₦178.3bn Rights Issue to Surpass ₦500bn CBN Capital Threshold For Tier-1 Banks
United Bank for Africa (UBA) has successfully raised ₦178.3 billion through a rights issue, lifting its capital base above the...
FCMB, Polaris, Keystone Banks Among Lenders Racing to Meet CBN Recapitalisation Deadline
As the March 31, 2026 recapitalisation deadline draws closer, Polaris Bank, Keystone Bank, FCMB and several others are yet to...
Africa Startup Funding Rebounds 41% to $3.2bn in 2025
Africa’s startup ecosystem rebounded strongly in 2025, with venture-backed companies raising between $3.1 billion and $3.2 billion, a 41 percent...
FCCPC Brings 521 Digital Lenders Under Regulation Amid Nigeria’s Digital Credit Crackdown
A total of 521 digital lending companies are now under the regulatory oversight of the Federal Competition and Consumer Protection...
