The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that the proposal for the removal of Value Added Tax on some basic food, educational and healthcare items. This was revealed by Oyedele on Wednesday via his X handle (formerly Twitter) as he clarified comments earlier made at a policy exposu ... Read more

The World Bank has expressed that the conditional cash transfer scheme of the Federal Government had little impact on household consumption, financial inclusion or employment of beneficiaries. The scheme also had minimal impact on women’s employment despite the global lender funding a significant chunk of the cash transfer programme signed ... Read more

The United States Agency for International Development (USAID) together with the United States International Development Finance Corporation (DFC) and First City Monument Bank (FCMB) have signed an agreement to launch a $10 million credit facility targeted at increasing financial access for healthcare businesses and transforming the sector. The ... Read more

The Lagos Chamber of Commerce and Industry (LCCI) and Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) worried over the impacts of the new 0.5 per cent cybersecurity levy on business, urging for immediate withdrawal or drastic reduction of the charge. The Director-General of LCCI, Dr. Chinyere Almona, note ... Read more

The Rating and Research firm, Agusto & co, has disclosed that Federal Government’s ability to tackle the nation’s rising inflation from demand pull-induced sources and attract sustained foreign investment that goes beyond familiar players is crucial to repositioning the country on a path of sustainable growth. The agency, in its repo ... Read more

The National Union of Pensioners Contributory Pension Scheme (NUPCPS) has urged the Pension Fund Operators Association of Nigeria (PenOp) to grow better relationships with retirees for information sharing that would help them to improve on documentation process. While commending the impact of the contributory pension scheme (CPS) in the country, ... Read more