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The Nigeria’s Special 50% Windfall Tax On Banks’ FX-Anchored Profits
Updating my last post on Nigeria’s plan to tax forex-anchored profits of Nigerian banks, as the government pushes the budget from N28.7 trillion to...
Exploring GTBank’s GTCO Public Offer and Impacts on Investment and Funding
Guaranty Trust Bank (GTBank)'s parent company, Guaranty Trust Holding Company (GTCO), has recently announced a significant public offer with the intention to raise substantial...
The Nigeria’s Windfall Tax on Banks
The government has brought clarity now on the banks' FX-induced profits: " has petitioned the Senate for a substantial budget increase of N6.2 trillion....
Tinubu Asks National Assembly for N6.2trn Budget Increase, to Be Funded by Tax on...
President Bola Tinubu has petitioned the Senate for a substantial budget increase of N6.2 trillion. This request, if approved, will elevate the 2024 appropriation...
Trump Likens the US to Insurance Company, Asks Taiwan to Pay for Defense
Former U.S. President Donald Trump, who is once again seeking the White House, recently stirred controversy with his remarks about Taiwan. Trump suggested that...