Economy

The Central Bank of Nigeria (CBN) has set a daily transaction limit of N100,000 per customer for cash-out transactions using POS agents across Nigeria. On Tuesday, Oladimeji Yisa Taiwo, Director of the CBN’s Payments System Management Department, signed a new directive outlining this policy. Get real-time news updates from Dailylight! Follow us on our WhatsApp…

Despite substantial opposition from some lawmakers, the proposed tax reform bills made significant progress on Thursday, clearing their Second Reading in the Senate. Senate Leader Michael Opeyemi Bamidele, who led the debate on the Executive Bill, called the bill “a significant move to overhaul the country’s tax system.” “These bills aim to streamline tax collection,…