The innovation is part of the agency’s ongoing reforms to align the country’s tax system with global standards. The Federal Inland Revenue Service (FIRS) has inaugurated a new Automatic Exchange of Information Common Reporting Standard (AEOI-CRS) system for use by financial institutions in the country. This new innovation is…
The implementation of the policy would disrupt over 80% supply chain of the business community. The Central Bank of Nigeria’s (CBN) recent policy introduced to remove third parties from accessing its SMIS forex window through FORM M forex purchases is allegedly expected to translate to disruption of the supply chain…
If ever a victim of a pay cut, you can survive with the following effective financial planning strategies. The struggle to remain strong has been one of the major concerns for businesses since the beginning of the year 2020. There is no other reason for these changes other than the…
An increase in expenses followed by a decrease in income calls for a serious cost reduction. When people say ‘unforeseen circumstances,’ nobody ever imagined an unforeseen circumstance would be as huge as the Covid-19 pandemic. The pandemic brought with it, a lot of unimaginable and unexpected changes, especially to the…
These budgeting tips can come in handy when creating a budget with an unstable income. Living on an unstable income might be difficult as this means that one cannot tell how much will be coming in every month. Many people hold the notion that an unstable income does not require…
Personal loans from banks have been saving lives for ages. At a point in life, people find themselves in situations where they need extra fund for different purposes, so they resort to getting loans from banks. Personal loans are loans granted to individuals for personal use, which includes rent, home…
