Updated order for company and business registration with CAC
The Corporate Affairs Commission (CAC) website and online registration portal is now automated and enables electronic company registration. The CAC…
Withholding tax rates and application in Nigeria – FIRS
The Federal Inland Revenue Service FIRS has released an explainer on the objectives of the withholding tax, WHT, rates and…
PIB: Timipre Sylva says dis-functional refineries one of the reasons for subsidies
The press briefing on the imminent passage of the petroleum industry bill (PIB) by the minister of petroleum, Timipre Sylva…
Dangote Cement seeks debt funding options under N300bn bond issuance programme
The Dangote Cement Plc. board of directors has approved access to the Capital Market for support and maximizing available sources…
FG not adopting flexible foreign exchange rate or NAFEX – CBN
The Central Bank of Nigeria, CBN, has said that the FG is not adopting a foreign exchange rate or NAFEX…
FG adopts the NAFEX rate for its official FOREX transactions
The Federal Government is adopting the investors and exporters rate, NAFEX currently averaged at N410 to $1 for its official…
Nigeria: Domestic and foreign portfolio investment (FPI) for February 2021
Nigeria: Total domestic and foreign portfolio investment, FPI at NSE in February was lower than January by 7.26%. The Nigerian…
CBN requirements for innovative products under the regulatory sandbox
What is the CBN regulatory sandbox? The Central Bank of Nigeria has a regulatory sandbox that it adopted in 2021…
Updated: CBN list of approved international money transfer operators (IMTO) in 2021
The Central Bank of Nigeria, CBN has released of list approved international money transfer services as at February 28, 2021.…
NIN ID card will be ready within 12 months of getting the registration slip
NIN ID card. The National Identity Number is an 11-digit number provided by the National Identity Management Commission, NIMC. It…