Nigeria Prepares for Comprehensive Tax Reform, Including Cryptocurrency Regulation
The Nigerian government plans to introduce new tax legislation by September 2024, including regulations for the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) aims to streamline revenue administration and simplify tax laws.
Nigeria’s Love-Hate Relationship With Crypto Deepens With Backing Amid Bashing
The Securities and Exchange Commission (SEC) in Nigeria is poised to license cryptocurrency exchanges, signaling a turning point in the country's crypto landscape. Nigeria's government has previously taken a restrictive approach to cryptocurrencies, but the licensing of crypto exchanges suggests a r
Nigeria to introduce new tax laws regulating cryptocurrency by September 2024
The Nigerian government is set to introduce new tax laws, including regulations for the Nigerian crypto industry, by September 2024. The FIRS plans to overhaul the revenue administration process and simplify tax laws.
Nigerian Exchange Group Launches NGX Invest Digital Platform To Streamline Public Offerings and Rights Issues
NGX Group has launched NGX Invest, a digital platform to streamline public offerings and rights issues in the Nigerian capital market. The platform has received approval from the Securities and Exchange Commission (SEC) and aims to enhance transparency and accessibility in primary market transaction
Kenya-based agritech Gro Intelligence to shut down two months after slashing headcount
Gro Intelligence is reportedly closing down due to difficulty in securing sufficient capital. The company couldn't pay employees despite raising $117 million since its launch.
