•Tinubu and Trump Nigeria’s foreign exchange earnings from diaspora remittances may suffer a major blow following the passage of a new bill in the United States that seeks to impose a 3.5 per cent tax on money transfers sent by non-citizens to recipients abroad. The provision is contained in the “One Big Beautiful Bill Act,” […]
A new bill has been proposed in Nigeria that will require individuals engaged in banking, insurance, stock-broking, or other financial services to provide a Tax Identification Number as a precondition for opening a new account or operating an existing one, reports The PUNCH. According to the bill, titled “A Bill for an Act to Provide […...

