On Tuesday, 27 February 2024, President Bola Ahmed Tinubu, GCFR, launched the Expatriate Employment Levy (EEL). The EEL is a government-mandated contribution imposed on organizations which engage

The Central Bank of Nigeria (CBN) plays a crucial role in shaping the Nigerian economy through its monetary policy framework. Established under Section 2 of the CBN Act of 2007...

The money you collectively earn as a country, every kobo of oil revenue, every customs duty, every company tax, every regulatory fee, and every court fine. The money that supposedly funds our roads, schools, hospitals, and police.

On Saturday, 2nd December 2023, a wheelbarrow pusher stabbed a government revenue official in Benin City (Edo State) and instantly turned the same knife on himself.

The National Tax Policy (NTP) acknowledges this challenge when it states, "elimination of multiple taxation must be of major concern to government at all levels.

Nigeria's GDP growth slowed from 3.52% to 2.31% in the first quarter of this year when demonetisation caused a severe cash shortage.

As the commercial nerve centre of Nigeria, Lagos boasts a legal market teeming with firms that specialize in fiscal and finance law, providing services to both domestic and international clients.

Despite numerous global and domestic challenges, Nigeria's financial sector has demonstrated remarkable resilience throughout the first half of 2024.

As a keen observer, then active student, and later storied contributor to Nigerian business landscape and sectoral reforms discourse for almost three decades, news of the enactment...

Been a while you heard from us right? We miss you just as much as you have missed us. But as we promised, we will always keep in touch every Thursday just to catch up with you.

Nigeria is facing major revenue challenges. The 2023 total budget deficit is N10.78 trillion.

Nigeria's central bank has announced a new foreign exchange policy to increase the supply of dollars to people intending to pay for overseas tuition, medicals and traveling.

One of the interesting parts of the Budget speech is the proposed reduction in tax rates for small businesses.

The governance of Nigeria's oil and gas sector is inextricably linked to the country's fiscal policy. Historically, different administrations have approached this relationship...

With the introduction of the Finance (Amendment) Bill, 2024, the Nigerian government seeks to impose and charge banks in Nigeria with a one-time windfall tax.

The CBN, like other Central Banks globally, has commenced preparation for the issuance and operation of Central Bank-issued Digital Currency (CBDC).

Nigeria's Revenue Service has launched Rev360, a fully digital tax administration platform replacing TaxProMax.

Generally, countries around the world have benefitted from globalization occasioned by rapid developments in technology and increased integration of persons, businesses, and economies...

The fourth industrial age which we are currently in, comes with new challenges and opportunities. There are new developments in genetics...

The oil and gas sector accounts for over 80% of Nigeria's foreign exchange earnings and over 30% of the Federal Government's budgetary revenues in 2022 with the significant portion of...