Financial Agencies

Business

FIRS Launches USSD Code for Seamless Tax Payment in Nigeria

The Federal Inland Revenue Service (FIRS) launches *829# USSD code for easier tax payment and services in Nigeria

14 October 2024

Business

Kuda Secures PSP Licence in Tanzania, Expands Remittance Services

Kuda has obtained a Payment Service Provider (PSP) licence in Tanzania, enabling affordable cross-border payments

12 October 2024

Breaking News

New Bill in Nigeria Mandates Tax Identification Number (TIN) for Banking and Financial Services

A proposed bill in Nigeria requires individuals in banking, insurance, and financial services to provide a Tax Identification Number (TIN) for account operations

12 October 2024

Business

CBN Reaffirms Commitment to Financial Stability and Secure Deposits

The Central Bank of Nigeria (CBN) reassures Nigerians of the stability and security of financial system, ensuring all bank deposits are safe

11 October 2024

Business

PoS Transactions in Nigeria Hit N6.23 Trillion Between January and July 2024

Nigeria’s PoS transactions hit N6.23 trillion between January and July 2024, a 7.5% decline compared to 2023

10 October 2024

Business

Zenith Bank Apologizes for Service Disruptions Amid IT Software Upgrade

Zenith Bank addresses recent service disruptions due to an IT software upgrade confirms that transactions can now be processed on its platform

4 October 2024

Business

Nigeria’s Debt to GDP Ratio Not Critical- Minister Says

Foreign Affairs Minister Yusuf Tuggar assures that Nigeria’s Debt-GDP ratio is not alarming, with China still willing to invest in the country

1 October 2024

Business

FG to Harmonize Tax System for all 36 States in Nigeria

The Federal Government of Nigeria plans to harmonize tax across all 36 states, with the FCT as a pilot for the initiative. This aims to simplify taxation and increase state revenues.

30 September 2024