Experts Back FG’s 70% Windfall Tax on FX Gains
The Association of National Accountants of Nigeria (ANAN) and the Chartered Institute of Taxation of Nigeria (CITN) have pledged their support for the government’s recent initiative to impose a 70% windfall tax on foreign exchange (FX)...
FG To Jail Defaulting Bank Executives Over Windfall Tax
The Federal Government has proposed the imprisonment of principal officers of banks who refuse to comply with the one-time windfall tax on banks’ foreign exchange profits in 2023.
It also proposed a penalty of 10 per cent...
