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The deal is targeted at big tech companies who often exploit tax loopholes and tax havens to avoid paying taxes.
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The deal is targeted at big tech companies who often exploit tax loopholes and tax havens to avoid paying taxes.
BoI said it deemed it necessary to set the record straight for the sake of its numerous stakeholders.
The price increase persists despite Nigeria’s inflation rate falling for the second month in a row.
Osita Nwanisobi, CBN spokesperson, said the release will reduce the price of grain in the market by checking the activities of middlemen.
Osinbajo said the federal government will not be raising tax rates at this time but will utilise the legal provisions of the finance act...
Senior tax specialist, Awasthi said Nigeria has one of the lowest excise duty rates on tobacco and alcohol in Africa
The funds created 6.98 million direct and indirect jobs during the five-year period.
The situation has forced flour millers to collaborate with domestic wheat growers to improve production.
N612.71 billion was spent on domestic debt service, while N410.1 billion was expended on servicing of external debt.
Nigeria emerged as the third largest economy, alongside Ethiopia ($2.4 billion), that attracted FDI inflows in Africa last year.