CBN should develop policies to address interest rate, dollarisation of economy
Fiscal and monetary policies are the instruments government use to manage the economy. The main focus of economic policy is the over all well being of the citizenry. Economic policy worldwide is meant to gear the economy towards full employment of resources, stable prices, balanced growth, and a favourable external reserve as a back up to exchange rate stability. These overall objectives can be conflicting and it requires men and women with deep knowledge of the workings of the economy to manage the unintended outcome of policy. In Nigeria today, it will appear that monetary policy is concerned mainly with price and exchange rate stability with little concern for balanced growth and the attainment of full employment
Administration of withholding tax (1)
Withholding Tax is an advance payment of income tax. In principle, WHT is a payment on account of the ultimate income tax liability of the taxpayer or company. Withholding tax is not a separate tax on its own and does not confer an exemption from the filing of annual tax returns by the company which had suffered WHT. The tax is normally to be deducted at source when a payment is to be made to the beneficiary.
Alleged looting of Federal coffers: Lawmakers differ on new probe
MEMBERS of the House of Representatives, yesterday, differed on whether the House should constitute an investigative enquiry into allegations levelled against the Federal Government by the Alhaji Kawu Baraje-led Peoples Democratic Party, PDP, that due to massive looting of the treasury, government was unable to allocate funds to states.
No meaningful development without quality statistics — World Bank
There is no country that can attain meaningful development without quality statistics to address its socio-economic challenges.
This is coming from the World Bank Country Director, Ms Marie-Francoise Marie-Nelly, at the opening of a two-day National Statistical User Satisfaction End-line workshop organised by the National Bureau of Statistics (NBS) in Abuja.
Capacity building drives microfinance sector — LAPO MD
The objective of the certification programme is to continue to build a sustainable skilled labour force for the microfinance sub-sector through the certification of operators and non-executive directors of microfinance banks in Nigeria.
Distribution as ambit to product availability
The Nigerian consumer market is growing on all fronts and this is a pointer that it cannot continue to be business as usual. Brand handlers who understand this are thinking outside the box to create strategies for a deepened consumer affinity that will guarantee market share, profitability and brand loyalty.
