Fiscal policy expert and Chairman of the Debt Management Roundtable (DMR), Mr Taiwo Oyedele, has hinted at the possibility of a debt crisis if Nigeria maintains its skyrocketing debt service cost to revenue. Oyedele, in a recent chat with NESG Radio, the weekly syndicated podcast of the Nigerian Economic Summit Group (NESG), emphasised that the…
A new inter-sectoral think-tank, the Africa Advocacy Programme (AAP), which is working towards addressing endemic challenges in governance, technology, small and medium enterprises (SMEs), education, and finance among others, has been unveiled. The launch makes Nigeria the first country to commence work on the initiative, which draws inspiration from strength of collaboration between the private…
Poor governance, lack of transparency and use of improper strategies have been identified as some of the challenges affecting debt management practice in West Africa.
17 Aug 2020
To improve the industry, housing professionals have implored federal and state governments to review multiple taxation imposed in the real estate sector, especially on first time homeowners.
23 Apr 2020
Businesses in Nigeria have identified liquidity and staff safety among the most pressing needs they are concerned about, as they grapple with the impact of the COVID-19 pandemic, latest survey by PricewaterhouseCoopers (PwC) Nigeria, has revealed.
12 Mar 2020
Experts in Nigeria’s financial sector have said that the stamp duty charge of N50 on all transaction above N10,000 would hamper the Central Bank of Nigeria’s (CBN) drive to get underserved Nigerians financially included.
24 Jan 2020
Tax practitioners have been urged to leverage the many opportunities that abound in the new Finance Act.
7 Oct 2019
The Federal Government’s aggressive pursuit of increased non-oil revenue to pare huge budget deficit, which has remained a yearly routine over the years, gained further traction last week, with plans by the lawmakers to enact Communication Service Tax
16 Sep 2019
When the Value Added Tax (VAT) recently increased to 7.2 per cent is implemented, it is expected to generate not less than N2 trillion into the government coffers in 2020.And going by the increasing revenue already recorded and the government’s plan to expand the VAT net...
26 Aug 2019
BesideS broadening the nation’s tax base, the government would need to work at changing the level of distrust by the citizens, which invariably, is making many to avoid paying tax voluntarily.
26 Mar 2019
PWC Nigeria has stressed the need for tax administrators to simplify tax payment process in Nigeria, to increase compliance level.
19 Mar 2019
According to Maslow’s hierarchy of needs theory, shelter is one of the basic needs of man and ranks next only to air, food, water and sleep.