FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead - Business (4)

Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,161,641 members, 7,847,675 topics. Date: Sunday, 02 June 2024 at 12:21 AM

FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead (47522 Views)

CBN Lifts Ban On Cryptocurrency Transactions / CBN To Intervene In Forex Market, Lifts Ban On 43 Items / CBN New Policy On Cryptocurrency: What You Should Know (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Morphinne: 9:04am On Jun 08, 2023

The difference is clear. This is what you get when you’re being ruled by brilliant minds and economic experts. This is definitely not an accidental president. Did you all notice how he focused on making money out of what his predecessor banned outrightly?
Please let’s always take education seriously; school no be scam. Imagine we had foolishly put the steering wheels of our darling country in the hands of a third-class philosophy graduate? Some things are better left imagined tho😎

3 Likes

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by LARRYOBRAIN(m): 9:05am On Jun 08, 2023

Modern day POOL, Betnaija 😁

SalamRushdie:

Crypto is modern day realities? 😅😅

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by MrLankeeee(m): 9:07am On Jun 08, 2023

inoki247:
Lol ok....

They should give our Debit card access to Forex now even if na $500 monthly...

I see this coming soon.

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by adewale2011(m): 9:10am On Jun 08, 2023

How can they Tax what they don't Control... Ha ha ha

First it's evil, Now dey want a bit of Pi from the evil.

I buy and sell Pi
0.9.1.2.4.3.9.4.9.5.9

kenny714433:
Oh! So they even banned it 😂
Tell me what I don't understand. Maybe I've been trading crude oil these while and not crypto..

🤡🤡

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by obi58: 9:12am On Jun 08, 2023

LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.

Another practical case study is Gazelle Garagara. Have you submitted your thesis on that sir? grin

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by KayCee92(m): 9:13am On Jun 08, 2023

LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.

Not to discredit Tinubu or what u wrote about him but can u people not read that this was signed by Buhari and came into effect on May 1 grin

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by LivingSage: 9:14am On Jun 08, 2023

I was wondering as well.

It's now obvious most Nairalanders does not read before comment or lack comprehension

RESHARPENED:
The degree of dumbness on this thread is disturbing.

So many people quick to praise or blame Tinubu for it when it's clearly written that Buhari signed the bill.

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by NaMe4: 9:16am On Jun 08, 2023

Great development.

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by almayda: 9:17am On Jun 08, 2023

You have touched on all other aspect but the comparison between governing Lagos and Anambra,what do you have to say about that?

jmoore:

Tinubu can turn cocaine to money. It is on record he forfeited 460,000 dollars to USA government, which were proceeds of drug trafficking.

For a 'first class' accountant to say 'na statistics we go chop?' during campaign shows how ignorant he is to downplay the importance of statistics.
Calling philosophy a shitty course is a proof of ignorance. Martin Luther King jnr, Thomas Jefferson, George Soros studied philosophy.

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by seankafor(m): 9:20am On Jun 08, 2023

Angelfrost:

Engage in whatever brings you profit online... Just pay your taxes!

The nation needs serious revenue streams!

they should tell efcc to keep off 📴

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by BrownSugq: 9:22am On Jun 08, 2023

Tflex01:

It is no longer "he will never be sworn in"

He will not be there for long

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by onosbaba3310: 9:22am On Jun 08, 2023

Buhari actually removed the crypto currency ban and introduced tax not Tinubu🌞🌞 but this is still good news,kudos to FGN

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Greatechng(m): 9:23am On Jun 08, 2023

The tax master is here

Nigeria will soon be like Lagos

1 Like

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by billgabb(m): 9:24am On Jun 08, 2023

Comparing a one-time Nigeria FCT and another state is like being a fool at 40. Common sense is not common anyways. At least, people can see the result of the shitty course than the heresy of first class in accounting. To be stupid is not hard.

LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by owolabi5: 9:24am On Jun 08, 2023

CAR PAPERS

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by visaclick: 9:26am On Jun 08, 2023

sonature1:

Stop writing trash.

Buhari lifted the ban.

Read the article and stop disgracing yourself

who banned it before? The borders who closed them before? Then he now signed it into law on the 28th of may, how noble🤣

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by fabolouz1(m): 9:28am On Jun 08, 2023

It was wrong to ban it in the first place.

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by toprealman: 9:29am On Jun 08, 2023

This is standard practice. Only difference is tax revenue is in pushed back to me the be society.

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by simfrost90210: 9:31am On Jun 08, 2023

I laugh in Swahili

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Topmaike007(m): 9:34am On Jun 08, 2023

inoki247:
Lol ok....

They should give our Debit card access to Forex now even if na $500 monthly...

even if na $300 common Crunchy roll subscription I can't use my card to pay for it 😔

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by sharone21(f): 9:37am On Jun 08, 2023

Card limits should be increased above $20

Allow Western Union transfers from Nigeria like other countries

Allow use of our ATM cards outside Nigeria

Flexibility in changing money from Domiciliary accounts to Naira and vice versa

Stop dual exchange rate or a difference of N100

Hoping APC guys on this forum relate things that will benefit them and all Nigerians not just campaigning alone.

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by DollarSigns(m): 9:38am On Jun 08, 2023

LeoDeKing:

Is this what you understand from the report or one of the resolutions in the last ummuna meeting?

He’s simply giving you coded update but alas what the elders see when sleeping, Generation Q can’t see ontop of MTN Mast🙃

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Beverlyjean(f): 9:39am On Jun 08, 2023

LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.

It's certain u are a Mod and u manipulate the like button...keep on deceiving urself

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Angelfrost(m): 9:40am On Jun 08, 2023

seankafor:
they should tell efcc to keep off 📴

Normal levels na! grin

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Deji1960: 9:41am On Jun 08, 2023

jmoore:

Tinubu can turn cocaine to money. It is on record he forfeited 460,000 dollars to USA government, which were proceeds of drug trafficking.

For a 'first class' accountant to say 'na statistics we go chop?' during campaign shows how ignorant he is to downplay the importance of statistics.
Calling philosophy a shitty course is a proof of ignorance. Martin Luther King jnr, Thomas Jefferson, George Soros studied philosophy.

Philosophy is a shitty course is not what I want to hear, just that it is not so valued in our country.

If e wan attack Obi make e attack am from other angles..

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Bmaster(m): 9:43am On Jun 08, 2023

This is the hand work of seyi Tinubu.

Why am I having this feeling about seyi being the president and Tinubu himself being his place holder?

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by ChybuzzDD(m): 9:44am On Jun 08, 2023

TemplarLandry:
Way to go!
This govt seems to be alive to modern-day realities.

Read the news, lazy boy!

Buhari's government did it, not your druglord's

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Quebec91(m): 9:45am On Jun 08, 2023

lwisee:

So that's what it means to you.

Bros you dulll small oooo 🤔

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by happney65: 9:49am On Jun 08, 2023

flokii:
By the time Tinubu is done fixing our economy.. even his worst haters will bow.

A first class material over a third class kick and start candidate any day.

I know you did not read the article because if you did you will know it was the Buhari administration that reversed itself and lifted the Ban and not Tinubu.

But because you worship Tinubu your eyes don't see facts too well.

"May 28, 2023: President Muhammadu Buhari signs the 2023 finance bill into law. The law introduces a 10 percent taxation of gains on the disposal of digital assets including cryptocurrency. The law is effective as of May 1, 2023."

2 Likes

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by BreconHills(m): 9:50am On Jun 08, 2023

jmoore:

Tinubu can turn cocaine to money. It is on record he forfeited 460,000 dollars to USA government, which were proceeds of drug trafficking.

For a 'first class' accountant to say 'na statistics we go chop?' during campaign shows how ignorant he is to downplay the importance of statistics.
Calling philosophy a shitty course is a proof of ignorance. Martin Luther King jnr, Thomas Jefferson, George Soros studied philosophy.

Without prejudice to PO whom you are trying to defend from a very questionable attack, what you study does not matter as what you do with it.

MLK led a a philosophy turned movement, Thomas Jeffersen became President and Grorge Soros literally invented or optimized globant Quantitative trading. The question should be ehat have Tinubu and PO done either their degrees?

That's the more apposite question which I won't answer because I do have a bias.

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Omoapena(m): 9:52am On Jun 08, 2023

I'm sensing BAT is planning to make Tony elumelu CBN governor..

Re: FG Lifts Ban On Cryptocurrency, Introduces Taxation Instead by Landmine1: 9:54am On Jun 08, 2023

People are saying tinubu, this directive and 10 percent tax was introduced by Buhari on the 1st of may. Read to understand. Tinubu has nothing to do with this news.

(1) (2) (3) (4) (5) (6) (7) (Reply)

Obi Cubana To Sponsor Ekuma Jeremiah, Hawker To University / Mohammed Indimi, His Children And Grandchildren Reunite For Sallah (Photos) / How To Stay Rich Even When You Have A Very Low Income

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 37
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.