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In recent days, Nigerians have been inundated with reports suggesting that the Federal Government has introduced Value Added Tax (VAT) on banking services such as electronic transfers, fees and commissions. Understandably, this has triggered anxiety amon ...
Nigeria’s fiscal strategy faces its toughest test in 2026. Government revenue is rising, inflation is easing from recent highs, and new tax laws are coming into effect. Some of the key fiscal tests facing the government are revenue mobilisation, debt ...
Banks in the country have agreed to reduce fraud response times to under 30 minutes, a move expected to significantly improve recovery outcomes and limit systemic risk, according to the Central Bank of Nigeria (CBN). This disclosure was made on Wednes ...
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