Edun Pledges Fair and Balanced Capital Gains Tax to Sustain Investor Confidence and Market Growth.
In a recent address to capital market stakeholders, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, offered important reassurances about the government’s plans surrounding the proposed changes to the Capital Gains Tax (CGT) regime. In doing so, he sought to allay fears among brokers, investors, and market operators that the tax reform […]
Eko Electricity Distribution Company Re Affirms Free Pre Paid Meters Policy, Warns Against Fraudsters
Officials of the Eko Disco during a press conference in Lagos The Eko Electricity Distribution Company (Eko DisCo) has reaffirmed a “zero-cost” policy for the installation of prepaid meters across its franchise area, reinforcing the message that no fees should ever be demanded from customers for processing, registration or installation. This call comes as the […]
Full List: 50 Exemptions and Relief Under the New Tax Reform Law.
Taiwo Oyedele The Nigerian government, under recent tax reform legislation, has sought to shift the tax burden away from low-income individuals and small businesses, while broadening the tax base, simplifying administration and encouraging investment. One of the core objectives is to “not tax poverty” by exempting very low-income earners and curtailing nuisance levies. At the […]
Nigeria’s Economic Outlook Brightens as IMF Raises Growth Forecast
The International Money Fund Nigeria’s economic prospects have received a significant boost following the International Monetary Fund’s (IMF) upward revision of the country’s growth forecast. The IMF’s latest outlook attributes this optimism to increased oil production and renewed investor confidence — two factors that have long shaped Africa’s largest economy. At the same time, the […]