News

Rivers state to ease tax burden on businesses, widen compliance

If successful, the Rivers state tax reforms could reduce operational costs, and boost compliance for businesses

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Lenders financing homes in Lagos face new ground rent risks

Lenders financing homes in estates like Osborne and Banana Island must now account for ground rent obligations, as failure to comply could result in penalties, legal risks, or property revocation

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Polaris bank and Niger state in tax clearance dispute

Polaris Bank disputes Niger Stateโ€™s demand for tax clearance certificates, raising questions about state vs. federal tax authority.

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Nigerian women demand tax reforms that consider their struggles

Women run a lot of small businesses in Nigeria, and key bodies are fighting to have a tax reform that keeps their unique situation in mind

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Kenya plans 30% tax on creator revenue with new law

Kenya is one of the few countries in africa where global platforms allow creators to monetise. A new law wants to make sure the country gets a taste of the booming creator revenue

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How Nigeria’s government plans to make โ‚ฆ230 billion from digital transfers by 2025

Digital transfers are booming in Nigeriaโ€”bringing ease for users and potential billions in tax revenue for the government.

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Access Holdings to acquire South Africaโ€™s Bidvest bank for $159 million

With a $159M deal, Access Bank aims to merge its pan-African strength with Bidvest Bank’s local expertise in business and corporate banking

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Tax Reform Bills: ASUU Opposes Plan to Scrap TETFund

For 30 years, TETFund has helped public universities, polytechnics and colleges of education, to fund new class rooms, support research, and pay bills. All that is about to change

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Real-time payment to boost Nigeria and South-Africaโ€™s GDP by $15 billion by 2028

Cash is fading fast! Real-time payments are set to add $15 billion to Nigeria and South Africaโ€™s GDP by 2028.

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Access Bank Plc expands to Malta, move to strengthen trade relations between Europe and Africa

Access Bank strengthens its European presence with a new branch in Malta, in a bid to advance trade and banking ties between Europe and Africa

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Banks contribute โ‚ฆ1.92 trillion to Nigeriaโ€™s capital markets following recapitalisation

Nigeria’s bank recapitalisation exercise forced banks to raise more money or even merge to meet the new requirements. The country’s capital markets might be reaping the rewards

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Welcome to Finance in Africa!

Finance in Africa is live! We’re on a mission to provide quality access to news, insights, and data on financial services in Africaโ€” investments, regulations, money flow and more

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