Business & Economy Archives - Page 25 of 34

Nigeria’s Cash Crunch: Are Mobile Money Agents Ripping Us Off?

Emeka OkonDecember 9, 2024December 9, 202404 mins

Nigeria’s reliance on mobile money agents has skyrocketed due to the ongoing cash crunch. While these agents provide a vital service, concerns are rising about their potentially exploitative practices, adding to the financial burden faced by many Nigerians. Cash scarcity fuels the rise of mobile money agents. Nigerians grapple with high transaction fees and limited…

Tax Reform Sparks Debate: Northern Leaders Back Bills, Akume Assures Nigerians

Kayode NwankwoDecember 9, 202404 mins

Nigeria’s proposed tax reforms continue to generate heated discussion, but Secretary to the Government of the Federation (SGF), George Akume, has dismissed claims of northern opposition. He asserts that consultations with influential figures in the region, including religious leaders and elders, reveal widespread support for the bills. These reforms aim to simplify the tax system,…