President Bola Tinubu in his first address to the nation has said that the naira redesign policy by the Central Bank of Nigeria (CBN) would be reviewed.
According to him, “the currency swap was too harshly applied by the CBN given the number of unbanked Nigerians.
“The policy shall be reviewed. In the meantime, my administration will treat both currencies as legal tender”.
Source: President Tinubu to review naira redesign policy – StocksWatch (stocksng.com)
The Nigerian equity market on Thursday closed on a positive note as The All Share Index moved up by 0.21% to close at 140,665.84 points from the previous close of 140,365.36 points. Investors gained N191 billion as the Market Capitalisation grew by 0.22% to close at N89.004 trillion from the previous close of N88.813 trillion. An aggregate […]
The Federal Government has formally published Nigeria’s new tax reform laws in the official gazette, signaling a landmark transformation of the nation’s fiscal framework. Signed into law by President Bola Tinubu on June 26, 2025, the reforms introduce a modern foundation for taxation, administration, and revenue collection. The reform package comprises four key legislations: Key provisions of[…]
