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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...
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...
Assessing Market Operators' Perspectives on the New Nigeria Monetary Policy Housecleaning
In an official address at the Eagle Square in Abuja, President Bola Tinubu announced his administration's plans to undertake a comprehensive house cleaning of Nigeria's monetary policy. This move aims...
CBN issues directives to financial institutions to improve cybersecurity
The Central Bank of Nigeria (CBN) of Nigeria has released guidelines for enhanced cyber security in the Nigerian financial industry, particularly among the Other Financial Institutions (OFIs). ...
Nigerian Companies paying high dividends in 2022
One of the most significant factors to consider when making financial decisions is your projected return. When stock prices rise, stock investors might profit from capital gains. Dividends, on the oth...