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Jan 8, 2025 | 
businessday.ng | Cynthia Egboboh |Zainab ADEROUNMU
As Nigerians await the National Assembly’s passage of the proposed tax reform bills, Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has listed some of the potential benefits of reforms.
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Dec 13, 2024 | 
businessday.ng | Zainab ADEROUNMU
Naira’s recent fluctuation against the dollar will not help to reduce the prices of goods and services in the short term until FX rate stability is relatively achieved, economic analysts and business owners have said. The naira had earlier this week reversed its five-day winning streak as increased demand for the dollar among end users led to a depreciation of the local currency across various segments of the FX market. This shift had a noticeable effect on the naira’s performance.
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Dec 13, 2024 | 
businessday.ng | Boluwatife Omotayo |Feyishola Jaiyesimi |Zainab ADEROUNMU |Faith Esifiho
Experts and speakers at the 13th edition of the Inspiring Woman Series, themed: ‘Audacity to dare’ charged women to take bold career steps and break gender barriers and stereotypes. Kemi Ajumobi, editor, Women’s Hub and convener, Inspiring Woman Series conference shared her story on how and why the conference began. She spoke about her interaction with the women she had interviewed and how it was something she enjoyed but knew she had to take it a notch higher hence the birth of the conference.
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Dec 11, 2024 | 
businessday.ng | Zainab ADEROUNMU
Business owners and households expect the level of inflation to taper, over the next three months, the Central Bank of Nigeria (CBN) Inflation Expectation report shows. According to the report, 50 percent of business respondents expect inflation to decline next month, while 52.9 percent of respondents expect the inflation rate to go lower over the next three months. In six months, only 46.5 percent of respondents expect inflation to reduce.
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Dec 11, 2024 | 
businessday.ng | Zainab ADEROUNMU
The Naira sharply plummeted on Wednesday from N1600 to N1,780 per dollar, reversing its recent gains in the black market. “We are buying at N1720 and selling at N1780 per dollar,” a BDC operator told BusinessDay. On Wednesday, the local currency depreciated for the second straight time since the launch of EFEMS to N1,665 per dollar, losing N85 from N1,580 quoted on Monday, in the black market. The rates above N1,700/$1 suggest that last week’s gains were temporary.
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Dec 10, 2024 | 
businessday.ng | Zainab ADEROUNMU |Boluwatife Omotayo
Female leaders have urged women to break social and economic barriers in their industries while making their voices heard. Temitayo Lore Dada, trade commissioner, Global Affairs, Canada, said women must take up the space and make their voices heard in their different domains. Speaking at the BusinessDay’s ‘Inspiring Women Series’ held in Lagos on Wednesday, Dada shared an example of a fight in a ring between a heavyweight champion and a skinny opponent.
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Dec 10, 2024 | 
businessday.ng | Boluwatife Omotayo |Zainab ADEROUNMU
Imaan Sulaiman-Ibrahim, Minister of Women Affairs and Social Development, has called on women to embrace bold leadership, mentorship, and collaboration as indispensable tools for empowerment and progress. Speaking at BusinessDay’s Inspiring Women Series event in Lagos, themed “The Audacity to Dare,” the Minister reflected on the need for women to take proactive steps to realise their potential and drive societal transformation. She said, “Daring to dream has never been a solitary pursuit.
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Dec 10, 2024 | 
businessday.ng | Zainab ADEROUNMU |Boluwatife Omotayo
Temitayo Lore Dada, Trade Commissioner, Global Affairs, Canada, has advised women to take up space and make their voices heard in different industries. Speaking at the BusinessDay’s Inspiring Women Series event in Lagos, themed “The Audacity to Dare,” she stated, “Punch above your weight class, because you just may win.”She shared the example of a fight in a ring between a heavyweight champion and a skinny opponent.
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Dec 9, 2024 | 
businessday.ng | Zainab ADEROUNMU
Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said that high-income earners will enjoy VAT exemption on personal sales not exceeding N5 million and on the purchase of real estate. In a recent post on X, he stated that “there is something in the tax bills for everyone”, including households and low-income earners, business owners and investors, High-Networth Individuals, and state governments.
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Dec 5, 2024 | 
businessday.ng | Zainab ADEROUNMU
Samuel Agbeluyi, president, the Chartered Institute of Taxation of Nigeria (CITN) has said that the Institute will present its observations regarding the proposed tax reform bills at the public hearing. Speaking at the Media Workshop for Tax and Finance Reporters/Correspondents held Wednesday in Lagos, he stated that the Institute welcomes the bills as capable of transforming the Nigerian tax space.
