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Nigeria's COVID-19 Outbreak Could Impoverish 5 Million People, World Bank Says June 26, 2020
Nigeria's coronavirus outbreak may push 5 million people into poverty as it triggers the worst recession in the African powerhouse since the 1980s, the World Bank said on Thursday. The twin shock of the pandemic and a global oil price crash has pummelled Nigeria, which has Africa's largest economy mainly because it is the continent's […]
Why Nigeria Cannot Enforce Tax Against Facebook, Google, Others—Expert June 12, 2020
Nigeria will find it impossible to place taxes on the transactions of foreign tech companies like Netflix, Facebook, Google, Youtube and other virtual firms without foreign help, Head of Research at SBM Intelligence, Ikemesit Effiong, has said. It will be recalled that the federal government announced its intent to tax OTT’s in the Finance act […]