New tax law could ignite job loss, destroy small businesses — Group warns
A civil society group has warned that the newly introduced tax law could lead to job losses and the collapse of many small and medium-sized businesses across the country. The group said the policy, if not reviewed, may place heavy financial pressure on entrepreneurs who are already struggling with rising costs and low consumer spending. […]
Nigeria signs ECOWAS tariff offer, waives duties on 90% of intra-African trade goods
Nigeria has taken a big step toward improving trade within Africa. On April 14, the country officially signed and published its list of tariff offers under the African Continental Free Trade Area (AfCFTA). This means Nigeria will now remove import duties on 90% of goods traded with other African countries. This announcement was made by […]
Peter Obi: Power Outages and High Fuel Costs Driving Increased Poverty
Peter Obi, the Labour Party’s presidential candidate from the 2023 elections, has raised serious concerns about the worsening poverty levels in Nigeria, attributing them to ongoing power outages and the increasing costs of petroleum products. In a recent post on social media platform X (formerly Twitter), Obi emphasized that these issues are significantly impacting small […]