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CBN to commence e-invoice for import and export transactions Feb 1

    CBN to commence e-invoice for import and export transactions Feb 1

The Central Bank of Nigeria (CBN) says it will commence an electronic invoice (e-invoice) for all import and export operations from February 1.  An e-invoice is a digitally-delivered invoice issued, transmitted, received,

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FCCPC, Shippers’ Council sign agreement for fair competition among industry operators

    FCCPC, Shippers’ Council sign agreement for fair competition among industry operators

The Federal Competition and Consumer Protection Commission (FCCPC) has signed a memorandum of understanding (MoU) with the Nigerian Shippers’ Council (NSC) to ensure that operators and consumers are fairly treated

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Osinbajo: Multilateral organisations should adopt debt relief initiatives for Africa

    Osinbajo: Multilateral organisations should adopt debt relief initiatives for Africa

Vice-President Yemi Osinbajo says multilateral organisations should adopt debt relief initiatives to aid Africa’s economic recovery. Osinbajo said this while delivering a special address at the virtual edition of the

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Bitcoin price drops below $40,000 amid Russian crypto ban

    Bitcoin price drops below $40,000 amid Russian crypto ban

Bitcoin, the world largest crypto by market cap, dropped 9 percent on Friday to $38,147. According to data on CoinMarketCap, this is the lowest rate since August 2021. The latest drop

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Nigeria to benefit as IMF proposes $50bn trust fund for low income countries

    Nigeria to benefit as IMF proposes $50bn trust fund for low income countries

The International Monetary Fund (IMF) says it is proposing a $50 billion trust fund to help low and vulnerable middle-income

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Ponzi scheme promoters risk 10-year jail term as capital market bill passes second reading at house of reps

    Ponzi scheme promoters risk 10-year jail term as capital market bill passes second reading at house of reps

A bill seeking to prohibit Ponzi and Pyramid schemes has passed the second reading at the house of representatives. In recent

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DMO: Nigeria’s bond issuance oversubscribed by N139 billion

    DMO: Nigeria’s bond issuance oversubscribed by N139 billion

The Debt Management Office (DMO) says the country’s January bond issuance valued at N214.05 billion ended with an oversubscription of

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UNCTAD: Foreign direct investment to Africa rose by 147% in 2021

    UNCTAD: Foreign direct investment to Africa rose by 147% in 2021

Foreign direct investment (FDI) into Africa showed a strong rebound in growth of 147 percent to an estimated $97 billion

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FIRS: We’ll ensure 100% automation of tax administration processes in 2022

    FIRS: We’ll ensure 100% automation of tax administration processes in 2022

Muhammad Nami, executive chairman, Federal Inland Revenue Service (FIRS), says the agency will achieve 100 percent automation of all its

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EFCC grills Ahmed Kuru, AMCON MD, over corruption allegations

    EFCC grills Ahmed Kuru, AMCON MD, over corruption allegations

The Economic and Financial Crimes Commission (EFCC) is quizzing Ahmed Kuru, managing director of the Assets Management Corporation of Nigeria

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