SEC Moves to Tax Cryptocurrency Transactions in Nigeria with New Rules Blog

SEC Moves to Tax Cryptocurrency Transactions in Nigeria with New Rules

The Securities and Exchange Commission (SEC) is developing new regulations to bring cryptocurrency transactions under Nigeria’s formal tax system. The move aims to capture tax revenue from the country’s growing crypto sector, which has become a popular investment choice among its youthful and tech-savvy population. According to a report by Bloomberg, the SEC confirmed in […]

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Nigeria’s Largest Labour Union Suspends Planned Telecom Protest Amid Talks with Government Over Tariff Hike

Nigeria’s largest labour union, the Nigeria Labour Congress (NLC), has made a significant move by suspending its planned nationwide protest against a 50% hike in telecommunications tariffs, following an agreement to enter talks with the government. This comes after a week of escalating tensions between the union, which represents millions of workers across the country, […]