Hafsat Ibrahim

CBN Licenses 82 BDCs, Warns Public Against Illegal FX Operators

The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureaux De Change (BDCs) under its revised regulatory framework.

Cashless Revenue: FG to End Physical Receipts Jan 2026, Deploy Unified e-Treasury

The Federal Government has announced sweeping changes to its revenue collection system, unveiling a full transition to cashless payments.

Africa Loses $5bn Annually to Currency Conversion – AfCFTA

Africa forfeits an estimated $5 billion every year due to currency conversion bottlenecks that continue to undermine intra-continental trade, the African Continental Free Trade Area (AfCFTA) secretariat has warned.

FG Mulls Overhaul of Capital Gains Tax

Following the controversy generated by the new Capital Gains Tax, the National Tax Policy Implementation Committee (NTPIC), over the weekend revealed that it will consult widely in addressing areas of concern.

NGX Records 2.45% Gain, Market Value Hits N93.72trn

NGX Records 2.45% Gain, Market Value Hits N93.72trn The Nigerian Exchange (NGX) All-Share Index and Market Capitalization appreciated by 2.45% and 2.67 to close the week at 147,040.08 and N93.722 trillion respectively. Similarly, all other indices finished higher with the exception...

External Reserves Hit $45.04bn, Highest in 6 Years

Nigeria’s external reserves have crossed $45.04 billion, marking one of the strongest positions the country has recorded in six years.
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