Introduction The Nigerian Communications Commission (NCC) on July 29, 2024, issued new guidelines aimed at simplifying tariff plans for mobile network operators (MNOs) in Nigeria. These guidelines, […]
INTERNAL REVENUE SERVICE (IRS) GUIDELINES FOR TAX TREATMENT ON FOREIGN EXCHANGE TRANSACTIONS IN NIGERIA
INTRODUCTION On July 25, 2024, the Internal Revenue Service (IRS) released new guidelines on the tax treatment of foreign exchange transactions in Nigeria. These guidelines aim to provide […]
REGULATORY UPDATE: IMPLEMENTATION OF RETAIL DUTCH AUCTION SYSTEM (RDAS) BY THE CENTRAL BANK OF NIGERIA
Introduction In August 2024, the Central Bank of Nigeria (CBN) announced the implementation of the Retail Dutch Auction System (RDAS) to address the growing unmet demand for foreign […]