President of Nigeria, responsible for enacting significant tax reforms aimed at modernizing the country's tax system.
Nigeria and South Africa are off the FATF grey list, and remittance fintechs just got a confidence boost
Nigeria and South Africa have exited the FATF grey list, potentially unlocking new remittance flows and foreign investment. The FATF's decision follows improvements in anti-money-laundering measures by both countries.
Nigerian passport fees hit ₦200,000 as FG implements second hike in a year
NIS announces a fee increase for Nigerian passports effective September 1, 2025. The new rates are ₦100,000 for a 32-page passport and ₦200,000 for a 64-page passport.
Condia Insider: How Nigeria’s new tax law will affect you
President Tinubu signed four major tax reform bills to overhaul Nigeria's tax system. The reforms include modernizing VAT with real-time e-invoicing and zero-rating essential goods.
BREAKING: CBEX Ponzi investment platform collapses, leaving investors $12 million poorer
CBEX froze user accounts without warning, leading to protests in Ibadan and Lagos. Initial reports indicated investors lost up to ₦1.3 trillion, but independent analyses estimated losses between $6.1 million and $12 million.
“If you’re not registered with SEC, you’re illegal,” Nigerian govt to fintechs
The SEC has charged all fintechs and cryptocurrency firms to register with the commission. President Bola Tinubu has signed the Investments and Securities Act 2024 into law, making its provisions enforceable.
