9 d. ago Foreign Affairs minister, BDAN Chairman urge cryptocurrency taxation to boost Nigeria’s revenue

Tribune Online Foreign Affairs minister, BDAN Chairman urge cryptocurrency taxation to boost Nigeria’s revenue Prominent voices in Nigeria’s economic and policy space have renewed calls for the taxation of cryptocurrencies, underlining the need for comprehensive regulatory frameworks to manage the rise of digital assets. Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf M. Tuggar, and the Chairman of the Bank Directors Association of Nigeria (BDAN), Mr. Mustapha Chike-Obi, made separate […] Foreign Affairs minister, BDAN Chairman urge cryptocurrency taxation to boost Nigeria’s revenue Tribune Online

Politics

2 w. ago CBN withdrew N1.1trn via OMO auctions to boost FX inflows in May

By Chinwendu Obienyi The Central Bank of Nigeria (CBN) mopped up N1.1 trillion from the financial system through Open Market Operation (OMO) auctions in May 2025 as part of its ongoing strategy to tighten naira liquidity and bolster foreign exchange (FX) inflows, according to recent market reports from Afrinvest and Cowry Asset Management Limited. Hence, […] The post CBN withdrew N1.1trn via OMO auctions to boost FX inflows in May -Report appeared first on The Sun Nigeria.

Politics

2 w. ago Alleged N76bn, $31.5m fraud: AMCON bought 4,000 loans – Witness

From Lukman Olabiyi, Lagos The third prosecution witness in the ongoing trial of former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Mallam Ahmed Kuru, and four others, has told Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, that AMCON acquired 4,000 loans, including one involving Arik Air worth billions […] The post Alleged N76bn, $31.5m fraud: AMCON bought 4,000 loans – Witness appeared first on The Sun Nigeria.

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2 w. ago Cordros’ ‘Every Child a Milestone’s ignites youth financial literacy

In a vibrant display of intellect and financial acumen, Cordros Asset Management recently concluded the 4th edition of its “Every read more Cordros’ ‘Every Child a Milestone’s ignites youth financial literacy

Politics

3 w. ago Senate Passes Harmonised Version Of Tinubu’s Tax Reform Bills

The Senate on Wednesday adopted the harmonised version of the tax reform bills proposed by President Bola Tinubu. The Senate’s resolution followed the consideration of the recommendations of the conference committee of both chambers, which was tasked with aligning the differences in the bills. Presenting the harmonised report, Chairman of the Senate Committee on Finance, […]

Economics

3 w. ago Senate approves ₦124.29 billion 2024 budget for Nigeria Police Trust Fund

From Kenneth Udeh, Abuja The Nigerian Senate on Wednesday, May 28, approved the 2024 budget proposal of the Nigeria Police Trust Fund (NPTF) totalling ₦124,289,057,866, following the presentation of the report by Senator Ahmed Abdulhamid Mallam-Madori (Jigawa North East), Chairman of the Senate Committee on Police Affairs. The budget, which was adopted by voice vote […] The post Senate approves ₦124.29 billion 2024 budget for Nigeria Police Trust Fund appeared first on The Sun Nigeria.

Politics

3 w. ago United Capital Asset Management berths with new investment fund for children

United Capital Asset Management (UCAML), a subsidiary of United Capital Group, has launched its latest mutual fund – The Children read more United Capital Asset Management berths with new investment fund for children

Politics

3 w. ago UPDATED: Tinubu forwards N1.48 trillion Rivers 2025 budget to Senate 

From Adesuwa Tsan, Abuja President Bola Tinubu has proposed a N1.48 trillion budget for Rivers State for the 2025 fiscal year.  The proposal was contained in a letter sent to the Senate and House of Representatives and read in plenary by Senate President Godswill Akpabio on Thursday. According to the breakdown, N324 billion is allocated […] The post UPDATED: Tinubu forwards N1.48 trillion Rivers 2025 budget to Senate  appeared first on The Sun Nigeria.

Politics

4 w. ago Senate proposes separate agency to manage assets seized byEFCC, ICPC, Customs, others

Tribune Online Senate proposes separate agency to manage assets seized byEFCC, ICPC, Customs, others The Senate is proposing to strip the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), and other similar bodies of their powers to manage the proceeds of crime. Under the proposed bill, their roles would be limited to the investigation, prosecution of suspects, and recovery of the […] Senate proposes separate agency to manage assets seized byEFCC, ICPC, Customs, others Tribune Online

Politics

4 w. ago Senate Moves To Establish Central Agency For Managing Recovered Assets

The Senate on Tuesday passed for second reading a bill seeking to amend the Proceeds of Crime (Recovery and Management) Act, 2022, with a key proposal to establish a new centralised agency to oversee the management of assets and properties recovered from unlawful activities. Titled the Proceeds of Crime (Recovery and Management) Bill, 2025 (SB. […]

Politics

4 w. ago Senate moves to cut EFCC, ICPC powers, create Asset Recovery Agency

The Senate on Tuesday passed for second reading a bill seeking to amend the Proceeds of Crime (Recovery and Management) read more Senate moves to cut EFCC, ICPC powers, create Asset Recovery Agency

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