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Business
South Korea says tokenized stocks may be taxed under existing laws
South Korea’s tax authorities are preparing to treat tokenized stocks as securities rather than virtual assets, a move that could bring the rapidly growing sector into the country’s existing taxation framework once financial regulators finalize their legal interpretation. According to…
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Federated Hermes launches money market fund for GENIUS Act stablecoin reserves
Federated Hermes has launched a new money market fund designed for stablecoin reserve management, introducing a product that can be used by payment stablecoin issuers ope...
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Businesses’ confidence in macroeconomy rises to 7.9 index points — CBN
By Elizabeth Adegbesan Businesses’ confidence in the macro economy rose significantly to 7.9 index points in May 2026 from 3.9 index points in the preceding month of A...
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Brevity Anderson, EICBI partner across Africa, Europe, India
By Sebastine Obasi Brevity Anderson UK and the Europe-India Centre for Business and Industry (EICBI) have formally executed a strategic Collaboration and Services Agreem...
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CBN bans linked financial entities from extending loans to each other
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has banned closely linked financial entities from extending loans or guaranteeing the obligations of one another...
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Dollar to Naira exchange rate today, June 12, 2026
The Nigerian naira traded within a relatively stable range against the United States dollar on Friday, June 12, 2026, across both the official Nigerian Foreign Exchange M...
Business
Optiva Capital Partners Congratulates Nigerians, Reiterates Call For Global Access, National Progress
As Nigerians commemorate Democracy Day today, Africa’s foremost investment immigration firm, Optiva Capital Partners, has congratulated citizens and leaders across the ...