Forex CFD trading promises opportunity and excitement for those looking to diversify their portfolios and take advantage of the enormous potential of the global currency markets. However, entering this field demands more than desire; it also requires a deep understanding of the regulatory landscape, market nuances and risk management strategies. This article explores all you […]
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The way events happen in Nigeria makes it seem like Nigerians forget things quickly, but the way bigger events override the others is overwhelming. No wonder no one is asking about the whereabouts of the billionaire and celebrity police officer Abba Alhaji Kyari, a suspended Deputy Commissioner of Police. He was arrested on February 14,
In the United States and Canada, business owners know it is mandatory to register their businesses. They do this not just because of the legal requirements but also because of the other benefits of doing so. However, in some developing economies, such as Nigeria, business owners are most often forced to register their business with
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The bribery allegation by Binance CEO Richard Teng against some members of Nigeria’s House of Representatives is getting ‘interesting’, yet embarrassing, by the day. On Thursday, May 9, 2024, a Public Affairs analyst, Kayode Ogundamisi, revealed that Honourable Dominic Ifeanyichukwu Okafor was the lawmaker who demanded millions of dollars in bribes from the cryptocurrency firm. As
Meet Hon Dominic Okafor, Who Was Accused of Taking $140M Bribe from Binance Read More »
Those closely following the probe by Nigeria’s federal lawmakers will know that the recent bribery allegation the Binance CEO made against the House of Representatives House Committee on Financial Crimes, chaired by Ginger Onwusibe (LP, Abia), isn’t new. Sadly, the majority of Nigerians, who commented on the rebuttal from the government, believed him over the
The five payment service banks in Nigeria are:
List Of Payment Service Banks in Nigeria Read More »
Non-bank led mobile money operators Bank-led mobile money operators
List of Mobile Money Operators in Nigeria Read More »
There are 43 primary mortgage financial institutions in Nigeria, they are:
List of Primary Mortgage Banks in Nigeria Read More »
If the new cybersecurity tax is implemented, you will be charged N500 on N100,000 and N5,000 on N1 million. The 0.5 per cent is applied to electronic transactions as mandated by the Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024. The 0.5% will be paid by the transaction originator, which will be deducted by the financial
List of 16 banking transactions exempted from cybersecurity levy Read More »
Nigerians will now pay a 0.5% cybersecurity tax on transfers made, following an announcement by the Central Bank of Nigeria (CBN) on Monday, May 6, 2024. According to the CBN circular, the levy will go to the national cybersecurity fund and will be administered by the Office of the National Security Adviser (NSA). Although 16
Cybersecurity Tax: Full List of Cost of Electronic Transactions in Nigeria Read More »
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