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The Nigerian government revenue service –  The Federal Inland Revenue Service (FIRS) may, from next year, ask banks to charge customers 5 per cent Value Added Tax (VAT) for on-line purchases when...

The Nigerian Central Bank has has granted operational license to three new  banks in the country. According to information newly made available on the Central Bank’s website, the three banks newly...

The Central Bank of Nigeria in what seems to be a tactical devaluation of the Nigerian currency, the Naira has increased the exchange rate for Custom Duties for goods imported into the country. The Central...

Nigeria has officially joined the African Continental Free Trade Area (AfCFTA) Protocol, with the signing by President Muhammadu Buhari of the Agreement on Sunday, July 7 2019 in Niamey, Niger Republic. A...

  Godwin Emefiele, Nigerian newly reappointed central bank governor. Nigerian Banks may soon be made to face a new phase of recapitalisation hurdles. This new fact was brought to the public domain by...

In May 2019, the Dutch Senate voted to adopt the Child Labour Due Diligence Bill, under which Dutch companies will have to conduct due diligence to address child labour in their supply chains. The law...

World’s leading cocoa producers, Côte d’Ivoire and Ghana, have reached agreement with market participants for a floor price for cocoa. The agreement was struck after a two-day stakeholder engagement...

The Nigerian Export Promotion Council has made public its intention  to process exporters’ certificate within 24 hours provided all the relevant documents and payments are submitted and confirmed. The...

According to the  national inflation report just released by The National Bureau of Statistics (NBS) the May 2019 inflation report, shows that Nigeria’s headline consumer price (CPI) index expanded...

A total of 53 African countries are expected to attend the  1st China- African Trade Expo, aiming to expand their economic and trade relationship with the world’s second-largest economy. The capital...

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