Category Archives: Finance

The case for imposing broad-based sales taxes in the states

The Nigerian sub-national economies have always had cashflow problems, which have become acute in the last two years. With very few exceptions, the states are finding it difficult to pay workers and pensioners. Between four to 12 months’ – or … Continue reading

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VAIDS and the need for effective tax administration in Nigeria

As part of efforts to improve non-oil revenue amid a global outlook of low oil prices, Nigeria’s Acting President, Yemi Osinbajo, recently signed an Executive Order (EO) on the Voluntary Asset and Income Declaration Scheme (VAIDS). The main objective of … Continue reading

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Review of Online Payment Gateway in Nigeria

Well it’s no news that Nigeria is a fast growing developing country and same can be said about its technology sector, if you read my post on digital marketing in Nigeria you will understand this statement So with the soar growth … Continue reading

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Banks and Fintech- Friends or Foes​?

Despite the vast differences in organizational culture, banks and startups in the field of Fintech are a successful combination, when the main beneficiary of this cooperation is the customer The steady increase in the number of Fintech companies in Israel … Continue reading

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Nigeria should focus more on Local Direct Investment

Over the past decade, Nigerian government officials have acquired great admiration for foreign direct investment, also known as FDI. There has been a lot of junketing abroad, supposedly to attract FDIs into the country. Actually, FDI has been rising in … Continue reading

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Israel’s Flourishing Fintech Has Many Fathers

Israeli finance technology has taken giant leaps in the last few years. Hundreds of local startups are developing new technologies for payment and security solutions, and multinational companies and banks are flocking to Israel for a piece of the action. … Continue reading

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MTN, Regulations and Economic development

In October last year MTN Nigeria was slammed with a $5.2 billion fine by the Nigerian Communications Commission (NCC). This was later reduced by 25% to $3.9billion. The matter is in court and yesterday it was postponed to allow for … Continue reading

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Nigeria—Act with Resolve, Build Resilience, and Exercise Restraint-IMF Chief

By Christine Lagarde, Managing Director, International Monetary Fund, Speech to the Nigerian National Assembly Abuja, January 6, 2016 Introduction Honorable Speaker of the House, Honorable Members of Parliament, Honorable Members of the Government, Ladies and Gentlemen, Good morning—and—Happy New Year! … Continue reading

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Tasks before the new FIRS Boss

The federal government has its eyes on the agency saddled with collection of taxes in Nigeria. It is evident that the government realizes that taxation is the only source of sustainable revenue to finance government expenditure. The recent appointment of … Continue reading

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Why Israel is leading fintech innovation- Avi Zeevi

Over the past couple of decades, Israel has developed a strong fintech ecosystem thanks to continued overseas interest, a local commitment to innovation, and a community that’s dedicated to addressing the emerging needs of this industry. The Israeli fintech industry … Continue reading

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