Samuel Nwite
AUTHOR: Samuel Nwite
KPMG Criticizes Nigeria’s 50% FX Windfall Tax on Banks
The Nigerian government's recent decision to impose a 50% windfall tax on banks' foreign exchange revaluation gains recorded in 2023 has sparked a variety...
The World Hit By Greatest Cybersecurity Incident – And It’s Not A Cyberattack
In an unprecedented turn of events, financial services, medical offices, and television broadcasters worldwide faced severe disruptions on Friday due to a significant IT...
Economic Hardship: Nigerian Lawmakers Cut Salary By 50% As Nationwide Protest Looms
In a move that has sparked mixed reactions, members of the Nigerian House of Representatives have agreed to reduce their salaries by 50% for...
Dangote Refinery is 45% Completed, Not Licensed Yet – NMDPRA
Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has cautioned against over-reliance on products from the Dangote Refinery,...
Nigerian Government and Labor Unions Settle on N70,000 Minimum Wage for Nigerian Workers
The Federal Government of Nigeria and organized labor unions have agreed on a new minimum wage of N70,000 for Nigerian workers. This decision was...