Having carefully observed and monitored the ongoing conversation on the Tax Reform Bills proposed by President Bola Tinubu administration, the Coalition of Northern Groups (CNG) has categorically rejected the tax reforms in their current forms, saying they represented a shortsighted Read more…
Category: Business
The Central Bank of Nigeria (CBN), yesterday, categorically dismissed rumours of forced mass retirements, emphasising that its Early Exit Package (EEP) is entirely voluntary. According to the apex bank, the decision to extend the benefit to a wider range of staff Read more…
Former Minister of Communications and Digital Economy, Dr Isa Ali Pantami, has expressed discomfort with several sections of the proposed tax reform bills, citing ambiguities and potential constitutional conflicts that could hinder its implementation. The proposed legislation, which seeks to Read more…
The Presidency has dismissed claims that the proposed tax reform bills before the National Assembly aim to abolish key national agencies, including the Tertiary Education Trust Fund (TETFund), the National Agency for Science and Engineering Infrastructure (NASENI), and the National Read more…
The Labour Party (LP) presidential candidate in the 2023 general election, Peter Obi, has expressed support for tax reform but cautioned against rushing the process, stressing the need for transparency, public engagement, and careful deliberation. The proposed legislation, which seeks Read more…
Union Bank of Nigeria PLC. has announced the appointment of Mr. Bayo Adeleke as its new Board Chairman, along with seven other new members to its Board of Directors. The new appointees, according to a statement released yesterday, include two Executive Read more…
The Tertiary Education Trust Fund (TETFund), National Agency for Science and Engineering Infrastructure (NASENI) and National Information Technology Development Agency (NITDA) will all cease to exist if the four Tax Reform Bills currently being considered by the National Assembly were passed into Read more…
Ohanaeze Ndigbo Worldwide has declared their total support for President Ahmed Tinubu’s tax reform bills. The Igbo Apex socio-cultural Organization representing the Igbo nation disclosed this in a statement signed by it’s Secretary General Mazi Okechukwu Isiguzoro on Sunday. According Read more…
President Bola Tinubu will leave France on Monday for Cape Town, South Africa, to co-chair the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) alongside President Cyril Ramaphosa. This is according to a statement issued on Sunday by Bayo Read more…
Ohanaeze Ndigbo Worldwide has declared their total support for President Ahmed Tinubu’s tax reform bills. The Igbo Apex socio-cultural Organization representing the Igbo nation disclosed this in a statement signed by it’s Secretary General Mazi Okechukwu Isiguzoro on Sunday. According Read more…
The BRICS nations will be hit with 100% tariffs on their goods if they try to introduce a reserve currency to rival the dollar, US President-elect Donald Trump has warned. Trump has repeatedly threatened to use tariffs to achieve his Read more…
Governor Babagana Zulum of Borno State has voiced the North’s opposition to President Bola Tinubu’s Tax Reforms Bill currently before the National Assembly. which was posted on X, Zulum stressed that the North will not be party to the proposed Read more…