windfalltax

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    PRIVATE JET CONTROVERSY, WINDFALL TAX, AND BANK CAPITALISATION

    PRIVATE JET CONTROVERSY, WINDFALL TAX, AND BANK CAPITALISATION SUMMARY: Recent debates in Nigeria's banking sector have focused on two major issues: a proposed windfall tax on banks' excess profits and the purchase of private jets by bank executives. These topics featured prominently in a...
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    BANK RECAPITALISATION, CATALYST FOR A $1TN ECONOMY- AFRINVEST

    BANK RECAPITALISATION, CATALYST FOR A $1TN ECONOMY- AFRINVEST Key Findings: 1. Projected Debt Stock: - Nigeria’s public debt stock is anticipated to reach ₦130 trillion by December 2024. 2. Current Debt Statistics (Q1 2024): - Total Public Debt Stock: ₦121.67 trillion - Domestic...
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    FEMI OTEDOLA ANNOUNCES SUPPORT FOR WINDFALL TAX

    FEMI OTEDOLA ANNOUNCES SUPPORT FOR WINDFALL TAX 1. Support for Windfall Tax - Purpose of Windfall Tax: - Otedola supports the windfall tax, which is a levy on companies or individuals who receive significant, unexpected profits. He believes this tax helps ensure a fairer distribution of...