Business & Economy - Page 78

Atiku wades into Dangote, NMDPRA face-off, warns of adverse effects of undermining ‘our own’ key assets 

Former Vice-President Atiku Abubakar has waded into the controversy between Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), warning that the investing world will never trust and want to do business with any nation that undermines its key
July 24, 2024

NASS passes Finance Bill, imposes 70% tax on banks’ 2023 ‘windfall’ forex profits

The National Assembly has passed a proposed amendment to the Finance Act which seeks to impose a 70% tax on Banks’ 'windfall' forex profits in 2023.  The passage of the Finance Act (amendment) Bill followed the consideration of the report of the Joint National Assembly Committees on
July 24, 2024
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