eNaira: CBN Plans App For Persons Without Bank Accounts     The Chief Executive Officer of Bitt Inc., Brian Popelka, has said a phone application for people without bank accounts will be rolling out soon. He said the present version of the eNaira app could only be used...

Court Freezes Bank Accounts Of Forex Trading Platforms     The Federal High Court Abuja has frozen the bank accounts of some investment and trading platforms that Nigerians have been using to transact online. Justice Ahmed Mohammed made the order on Tuesday while delivering his ruling in an...

FIRS To Deduct Tax From Defaulters’ Bank Accounts       The Federal Inland Revenue Service (FIRS) has threatened to deduct tax liabilities from defaulters’ bank accounts. It said in a statement in Abuja, Wednesday, that the move was being considered, “following rising cases of willful and illegal withholding...

LCCI Tackles FIRS Over Freezing Of Alleged Tax Defaulters’ Bank Accounts   The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern over reports by many corporate bodies bordering on freezing of their accounts and alleged debiting of such accounts by the Federal Inland Revenue...