Nigeria News » Plateau News Nigeria » Plateau » Cryptocurrencies: Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
News channel or source: https://cointelegraph.com/news/nigeria-to-tax-crypto-digital-assets-10-on-capital-gains-experts-react
Published on: Friday 09 June 2023
The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. On the eve of his departure from office on May 28, former Nigerian President ...
News Nigeria » Plateau » Cryptocurrencies: Nigeria’s SEC boss says crypto can aid 38M unbanked
News channel or source: https://cointelegraph.com/news/nigeria-sec-crypto-benefits-unbanked
Published on: Friday 28 June 2024
Emomotimi Agama noted that cryptocurrencies like Bitcoin can considerably lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home. The Director General of the ...
News Nigeria » Plateau » Cryptocurrencies: Nigerian central bank lifts ban on crypto trading
News channel or source: https://www.reuters.com/world/africa/nigerian-central-bank-lifts-ban-crypto-trading-2023-12-23/
Published on: Friday 22 December 2023
LAGOS, Dec 23 (Reuters) - Nigeria's central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the bank said in its ...