Tag FG

FG Slams $10 billion Fine on Binance Amid Forex Crisis

Nigeria Imposes $10 Billion Fine on Binance Amid Forex Crisis In a significant move, the Federal Government of Nigeria has levied a hefty $10 billion fine against Binance, a prominent cryptocurrency trading platform, citing its alleged role in exacerbating the…

FG Eyes 214% Increase in PPT from Oil Sector in 2024

Nigerian Government Aims for 214% Surge in Oil Sector PPT Revenue in 2024.   The Nigerian Federal Government has set an ambitious goal for 2024, eyeing a remarkable 214% increase in Petroleum Profit Tax (PPT) collections from the oil sector.…