Taiwo Oyedele The Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, has unveiled a comprehensive roadmap aimed at transforming Nigeria’s tax system for the benefit of all. These reforms, captured in the new tax bills, promise to deliver widespread benefits for households, businesses, high-income earners, and subnational governments. Here’s what

Arewa Star Award 2024 The organizers of the Arewa Stars Award and Conference (ASA24) have unveiled the members of the panel of judges for the 2024 edition. The panel, chaired by renowned journalist and public relations expert who currently serves as spokesperson to the executive governor of Kano state, Sanusi Bature Dawakin Tofa, boasts a

President Bola Ahmed Tinubu The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has strongly opposed President Bola Ahmed Tinubu’s contentious tax reform bill currently under consideration by the National Assembly. In a comprehensive nine-page memorandum obtained by Economic Confidential, RMAFC outlined a range of legal, constitutional, and technical objections to the proposed legislation. The document

GenCos Received Below 40% of 2024 Invoice The Nigerian Electricity Regulatory Commission (NERC) has admitted that power generation companies in the country have so far received less than 40 percent of their 2024 invoice. Yusuf Ali, commissioner, planning research and strategy at NERC, made this known at the 15th edition of the PwC’s Annual Power

Naira Against Dollar Naira Gains by Over 8% in One Week The naira appreciated by N137.69 against the United States dollar within a week, following the introduction of the Central Bank of Nigeria’s new foreign exchange platform. Data obtained from the CBN’s website on Sunday showed that the closing exchange rate, which was N1672.69 per

Aba Power is set to commission a fresh 20MW line to the Owerrenta Industrial Zone on the outskirts of Aba, Abia State. This was made known by Cliff Eneh, a leading electric power consultant, in an interview with journalists on new developments in the power sector expected at the beginning of 2025. Eneh told newsmen

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has created a dedicated unit for taxation of High Networth Individuals (HNIs) in the nation’s capital. Michael Ango, acting executive chairman of the service, in a statement issued by Mustapha Sumaila, head, corporate communications in Abuja, noted that the unit will focus on assessment and collection of

…As experts want renewable energy included in funding along with gas Energy stakeholders have expressed worry that Nigeria and other Africa countries are offered renewable energy funding by international lenders at 700% above rates for other continents. Even locally (in Nigeria), renewable energy is said to be suffering funding neglect whereas gas seems to be

Just hours before the official declaration of the election results by the Ghana’s electoral commission, Mahamudu Bawumia the Vice President has sent a congratulatory message to fellow contender former president John Mahama, conceding his defeat. The defeat in Saturday’s election marked the end of two terms in power for the NPP under President Nana Akufo-Addo

Business Day, established in 2001, is a daily business newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It circulates in Nigeria and Ghana Read More...

Dan Ashworth has left his role as Manchester United‘s sporting director after just five months. Dan Ashworth officially joined United on July 1 after a lengthy gardening leave at his former club, Newcastle United, but the transition has not been smooth, and his exit has been decided upon. Ashworth’s departure was agreed in a meeting

The Deputy National Youth Leader of the Peoples Democratic Party (PDP), Timothy Osadolor, has questioned the silence of President Bola Tinubu and the National Assembly following the freezing of the National Social Investment Programmes Agency’s (NSIPA) accounts. Naija News reports that On Tuesday, the House of Representatives called on the Federal Government to instruct the