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Experts credit the move to rising confidence in CBN reforms, including FX backlog clearance, new trading platforms, and increased foreign remittances.
NEWS

Nigeria Banks Resume International Transactions on Naira Cards Amid Renewed FX Stability

July 4, 2025July 4, 2025 - by Jeremiah Amosu - Leave a Comment

Nigeria Banks Resume International Transactions on Naira Cards. In a move that reflects growing confidence in Nigeria’s foreign exchange reforms and broader fiscal environment, Nigerian banks have resumed international transactions …

Nigeria Banks Resume International Transactions on Naira Cards Amid Renewed FX Stability Read More

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About Africataxreview

Africa Tax Review delivers simplified, in-depth, and holistic insights into Africa’s tax landscape.

Recent Posts

  • Nigeria Enforces 10% Withholding Tax on Short-Term Investment Interest
  • South Africa Considers Taxing Foreign Pension Benefits, Stakeholders Warn of Fallout
  • Nigeria’s Capital Gains Tax Reform Sparks Concern Among Foreign Investors
  • Nigeria to Raise Capital Gains Tax on Foreign Equity Investors to 30% by 2026
  • Nigeria: Banks and Agencies to Enforce Withholding Tax on Short-Term Securities

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