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Business & Investments6

7.2 Percent VAT Increase: Good or Bad For Nigeria?

The increase of Value Added Tax (VAT) from 5 to 7.2% by the Federal Executive Council (FEC) on Thursday has been met with controversy. The president of the Chartered Institute of Taxation of Nigeria (CITN), Dame Olajumoke Simplice, stated the increase was long overdue, as Nigeria's VAT is still currently one of the lowest in the world, and the lowest in the ECOWAS subregion. In t ...Read more
2019-09-13
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  • Business & Investment

How to Trade and Convert Bitcoin into the Ghana Cedi

Bitcoin x Ghana. Before we delve into the title, here is some light information on Bitcoin for the unfamiliar. Although paperless and striclty digital, Bitcoin is like any other currency. But unlike other currencies, it can be transmitted globally, instantly and at a lower rate. Bitcoin allows you to "be your own bank," meaning you have complete control over your funds; ...Read more
2019-09-10
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  • Business & Investment

Top 10 fastest growing industries in Nigeria

Top 10 fastest growing industries in Nigeria    Here are a list of the fastest growing Industries and businesses that have the most opportunity in Nigeria:    Agriculture Agriculture has become one of the leading industries in Nigeria with many millionaires are being created every year. We have found that many Nigerians have moved back and invested heavily in ...Read more
2019-09-03
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SEC Begins Close Monitoring, Supervision of Capital Market Operators

Abuja — The Securities and Exchange Commission (SEC) has begun a close monitoring and supervision of capital market operators in a bid to ensure that investors' interests are not violated, misused or mismanaged in any form. It has also enjoined investors to make use of the commission's Complaints Management Framework (CMF) in expressing their reservations, if any, in the capita ...Read more
2019-09-02
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South Africa and Nigeria are hurting the rest of Africa

The two nations that account for almost half of sub-Saharan Africa’s gross domestic product are proving to be a damper on the region’s economic expansion. Nigeria and South Africa, which vie with each other to be the continent’s biggest economy, both release second-quarter growth data on Tuesday. While the figures will probably show South Africa dodged a recession and ...Read more
2019-09-02
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