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Mauritius
The Sovereign Group
Minister of Finance Dr Renganaden Padayachy presented the Mauritius National Budget 2023/2024 on 2 June, which was focused on strengthening, continuing and sustaining the economy.
Nigeria
Templars
A major highlight of 2023 was the general election which ushered in a new government. Importantly, while as a final act, the outgoing government passed the Finance Bill 2023...
KPMG Nigeria
On Tuesday, 27 February 2024, President Bola Ahmed Tinubu, GCFR, launched the Expatriate Employment Levy (EEL). The EEL is a government-mandated contribution imposed on organizations which engage
LeLaw Barristers & Solicitors
As a keen observer, then active student, and later storied contributor to Nigerian business landscape and sectoral reforms discourse for almost three decades, news of the enactment...
Aluko & Oyebode
New leadership and the regulatory changes they bring can have a profound impact on the landscape of business operations. Following the swearing in of President Bola Ahmed Tinubu on May 29, 2023
KPMG Nigeria
On Saturday, 2nd December 2023, a wheelbarrow pusher stabbed a government revenue official in Benin City (Edo State) and instantly turned the same knife on himself.
Andersen in Nigeria
Parallel foreign exchange markets or "black market" as it is popularly called, has been in existence for a while now and has become a common phenomenon in most developing countries.
Olisa Agbakoba Legal (OAL)
Nigeria's political and economic development is very badly stunted. The 10th National Assembly plans to reverse this through what it describes as a transformational legislative agenda.
S.P.A. Ajibade & Co.
On the 14th of June 2023, the Central Bank of Nigeria ("CBN") published a press release on the Operational Changes to the Foreign Exchange Market.
KPMG Nigeria
His Excellency, President Bola Tinubu, GCFR, has presented the 2024 Federal Government Budget Proposals at the joint session of the National Assembly in Abuja.
Olisa Agbakoba Legal (OAL)
Nigeria is facing major revenue challenges. The 2023 total budget deficit is N10.78 trillion.
KPMG Nigeria
The current administration has taken steps to implement its decision to generate the fiscal revenue required to leapfrog Nigeria's economy out of the current depressed level.
S.P.A. Ajibade & Co.
On 17th August 2017, Nigeria became the 71st country that subscribed to the Organisation for Economic Co-operation and Development (OECD)'s...
Andersen in Nigeria
Considering the nature of the global trade system which necessitates connections between the economies of various countries, governments implement exchange rate systems...
KPMG Nigeria
There is no doubt that President Bola Ahmed Tinubu is in a hurry to turn the economic situation of Nigeria around within the shortest time possible.
Olisa Agbakoba Legal (OAL)
The Central Bank of Nigeria (CBN) has finally adopted a free float of the naira policy. These directives imply that the government or monetary authority e.g. CBN no longer determines...
Udo Udoma & Belo-Osagie
One of the amendments made by the Finance Act 2023 to the Companies Income Tax Act, Cap C.21, LFN 2004 (as amended) is the introduction of Section 14(6), which makes it mandatory for non-resident companies ...
Udo Udoma & Belo-Osagie
The UUBO Tax Trends is a bi-annual newsletter that provides an overview of significant events in the Nigerian tax landscape. This edition offers insights on domestic and international tax developments that impacted taxpayers from January to June 2023.
Alliance Law Firm
Similar to several other countries, Nigeria is making an effort to go "green". Although it may be argued that Nigeria and other African countries have minimal contribution to greenhouse gas emissions...
Andersen in South Africa
South Africa's Finance Minister will deliver his budget speech to Parliament on 21 February 2024.
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