FG Announces Dollar Deposit Program with No Penalties or Taxes, Grants Nine-Month Window

The Federal Government of Nigeria has introduced a new policy granting Nigerians a nine-month window to deposit dollar bills held outside the formal banking system without facing penalties, taxes, or scrutiny. Speaking after the National Economic Council (NEC) meeting in Abuja, Finance Minister and Coordinating Minister of the Economy, Wale Edun, outlined the policy as […]