Tag: Investors have warned that amending the Finance Act 2023 could undermine confidence and negatively impact Nigeria’s investment climate if enacted.

Investors have warned that amending the Finance Act 2023 could undermine confidence and negatively impact Nigeria’s investment climate if enacted

Some foreign investors who spoke to THISDAY on Thursday on condition of anonymity, have expressed concerns over move by the Senate to retroactively amend the Finance Act 2023, and impose a one-time windfall tax on banks’ foreign exchange gains realised in their 2023 financial statements. This comes as the Minister[Read More…]