On Monday, the U.N Secretary General Antonio Guterres expressed deep concern over Israel’s recent announcement …
Read More »Bank chief rejects ‘untimely and onerous’ windfall tax
The Bank Directors Association of Nigeria (BDAN) has opposed the recently signed windfall tax introduced by the Federal Government. The association described it as “excessively burdensome and ill-timed”. In a recent statement by its chairman, Mustapha Chike-Obi, BDAN warned that high tax rates would stifle growth and innovation in the banking industry. Chike-Obi is also the chairman of Fidelity Bank …
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