Women are not asking Nigeria for charity. They are asking for the opportunity, capital, education, security and institutional space to convert their enormous contribution into economic and political power.
The biggest hurdle facing insurance in Nigeria is not a lack of capital; it’s the pervasive issue of trust. Many Nigerians harbour the belief that insurers are quick to collect premiums but sluggish when it comes to settling claims.
Markets move, technology advances and customers develop new habits. Sometimes, despite all the planning and experience we bring to the first tee, we discover that the course is no longer playing the way we prepared for it.
With approximately 90 percent of Nigeria’s workforce operating outside the formal economy, pension coverage for informal workers is almost non-existent.
Under the old, fragmented regulatory landscape, tracking virtual asset transactions felt like an impossible task for the government. Cryptocurrencies operated in a grey market, allowing traders to buy, sell, stake, and yield-farm without clear rules about formal tax reporting.
Under Section 36 of the Nigeria Tax Administration Act (NTAA), the rules surrounding tax audits and additional assessments have been laid bare. The truth is simple: the tax authority can revisit your old books far beyond the six-year mark, and if you cannot prove your numbers because you threw your records away, you will pay dearly for it.
West Africa faces a climate-finance problem that extends beyond the amount of capital available. The deeper constraint is that many countries must finance increasingly expensive climate adaptation while managing high debt.
A dancer who ignores a change in the beat may still move with great confidence but soon looks as though they and the drummer came to different celebrations.
Starting from 29 May 2023, when President Bola Tinubu announced the removal of fuel subsidy, the movement of the price of the commodity (PMS or petrol) has been like a yo-yo: literally shooting through the roof, at times.
Under the old, repealed Value Added Tax Act, businesses were trapped in an unfair, distorted tax system that treated essential operational expenses as luxury overheads.