windfall tax

70% Windfall Tax – Economists raise mixed concerns over Nigeria’s growth outlook 
Business & Economy

70% Windfall Tax – Economists raise mixed concerns over Nigeria’s growth outlook 

The 70% windfall tax on Nigerian banks has stirred debate in the financial sector, raising concerns about its impact on…
Nigeria’s 70% windfall bank tax: Rewarding effort, taxing Luck 
Business & Economy

Nigeria’s 70% windfall bank tax: Rewarding effort, taxing Luck 

In 2023, Nigeria’s President Bola Tinubu introduced significant economic reforms, including the removal of fuel subsidies and the liberalization of…
Explained: Nigeria’s 70% windfall tax and its economic necessity
Business & Economy

Explained: Nigeria’s 70% windfall tax and its economic necessity

A few months ago, the Nigerian government introduced plans to implement a 50% windfall tax targeting banks’ foreign exchange transaction…
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