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FG Proposes Tax Reduction from 52 to 10 and Renames FIRS to Nigeria Revenue Service
With the aim of enhancing business facilitation, promoting transparency, and streamlining revenue collection, the Federal government has proposed a plan to decrease the existing 52 taxes to just 10. A...
CBN Revises Tenure Limits for Bank Executives to a Maximum of 24 Years
The Central Bank of Nigeria (CBN) has issued a release that Bank's Executives will no longer be permitted to hold positions for more than 24 years starting August 1, 2023.This statement was issued to ...
President Tinubu Suspends Central Bank Governor Emefiele and Sends Shockwaves Across the Nation
In a breaking development, Nigeria's President Bola Tinubu has taken decisive action by suspending Godwin Emefiele, the Governor of the Central Bank of Nigeria, effective immediately.The suspension wa...
Abbey Mortgage Bank Plc Forecasts Impressive Q3 Earnings and Achieves Growth in Wholesale and Retail Segments
Abbey Mortgage Bank Plc has set its sights on achieving N1.443 billion in gross earnings during the third quarter of 2023, according to the company's earnings forecast obtained from the Nigerian Excha...
Carbon Taxes and Emissions Trading Systems for Sustainable Fiscal Reform and Climate Action in Africa
According to a recent report by the World Bank, Nigeria and several other African nations have emerged as prime candidates for the adoption of carbon taxes. The report sheds light on Nigeria's existin...