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The Central Bank of Nigeria (the "CBN") regulates the operation of International Money Transfer Operators ("IMTOs") in Nigeria.

Investors sold shares in nine Nigerian banks one day after the central bank barred the banks from trading in the forex market. The banks were barred on August 23.

The decision to operate a unit trust scheme or invest in one should not be made without a good understanding of the tax implications.

The Gazette embodies the first update to the List since March 2006.

Navigating the intricacies of IFRS 17, a profound grasp of the 'Risk Adjustment' concept appears as an imperative endeavour...

More investors are now leveraging Nigeria's free trade zones as a strategic gateway into the market, capitalizing on the significant increase in businesses and robust growth...

President Muhammadu Buhari provided a sneak peek into Nigeria's fiscal direction for 2019 on Wednesday, 19 December 2018, as he presented the 2019 Budget of the Federal Government of Nigeria ...

Nigeria is Africa's largest economy, the sixth largest population in the world, and a good country to invest in.

The Federal Inland Revenue Service (FIRS) has issued the Income Tax (Common Reporting Standard) Regulations, 2019 (CRS Regulations).

The Nigerian tax landscape has continued to witness significant changes, with the most recent being the presidential assent to the Finance Bill 2019 (now Finance Act) on 13 January 2020.

The Federal Inland Revenue Service on December 1, 2020, issued a public notice titled "Public Notice on the Recovery of Outstanding Taxes from Taxpayers".

The Central Bank of Nigeria (the "CBN") recently released the Draft Framework for Regulatory Sandbox Operations ("Draft Sandbox Regulations").

On Friday, March 10, 2023, Silicon Valley Bank (SVB), failed after a bank run, marking the largest bank failure since the 2007-2008 financial crisis. The collapse of SVB, a major player...

With about 383 tech startups raising a combined total of US$2,068,709,445 between 2015 and 2022 - a higher total than any other country in Africa, Nigeria benefits greatly from the economic...

The Framework essentially sets the ground rules for co-investment by Pension Fund Administrators in portfolio companies alongside private equity funds in which they are limited partners.

As agency banking continues to expand financial access in Nigeria, a common misconception is that a fintech must obtain a deposit-taking banking licence, often in the form of a microfinance bank (MFB) licence...

On February 14, 2024, the Central Bank of Nigeria ("CBN") issued a Circular titled 'Requirements for Foreign Currency Cash Pooling on Behalf of International Oil Companies ("IOCs")...