Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

FG Sets up Technical Committee to Review 2025 Tax Acts

• Recommendations to form part of 2027 finance bill •CSOs, others protest rising debt profile, demand end to excessive borrowing Ndubuisi Francis in Abuja The federal government has set up

The Nigerian government has established a technical sub-committee to review the 2025 Tax Acts, with the aim of addressing implementation ambiguity, unintended consequences, and areas for improvement. The committee, chaired by the Permanent Secretary of the Federal Ministry of Finance and co-chaired by the Chairman of the Tax Advisory Committee, consists of over 20 sectoral representatives from both public and private sectors. The recommendations from this review are expected to be incorporated into the Finance Bill 2027.

Brief written by urgent.news from This Day's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thisdaylive.com →

More in Finance & Markets

Oando Shareholders Reaffirm Confidence in Management at 47th AGM

• Company approves digital assets provisions, directors re-elected Emmanuel Addeh in Abuja Shareholders of Oando Plc yesterday reaffirmed their confidence in the company’s management and strategic…

  • Shareholders reaffirm confidence in Oando's management at 47th AGM
  • Several directors re-elected, including Ademola Akinrele and Omamofe Boyo
  • BDO Professional Services retained as external auditors

Dangote Refinery IPO: Uwaleke, Ndanusa, Teriba Raise Stakes for Investors, Say Offer Can Cut Reliance on Debt, Others

• Declare refinery listing could deepen equity market, mobilise domestic savings, reshape financing of productive assets • Urge investors to test earnings, cash flows, leverage, governance before…

  • Dangote Refinery IPO could reduce reliance on debt for financing productive assets.
  • Analysts emphasize need for sustainable returns, sound governance, and investment discipline.
  • Refinery's IPO may boost market liquidity, industrial linkages, and employment generation.

More from Friday 18 September →