Strategies to Unlock Non-Tax Revenues in Nigeria: Nigeria confronts significant revenue difficulties, notably evidenced by the N10.78 trillion budget deficit for 2023. To cover this deficit, the Federal Government plans to primarily rely on fresh borrowings amounting to N8.80 trillion.
This is the second article in our The African Continental Free Trade Agreement AfCFTA series, where we continue our exploration of this transformative initiative. In this article, we delve into the multifaceted challenges that cast shadows on the path to AfCFTA’s success, emphasising the need for proactive measures to transform these obstacles into opportunities for collective prosperity.
Recent developments in the Nigerian music industry especially in relation to the circumstances surrounding the death of Mohbad, a Nigerian music artiste and songwriter who was formerly signed under Marlian Records (Record label) have raised concerns about some record labels engaging in exploitative practices and even criminal activities under the guise of record labels.
The Central Bank of Nigeria (CBN) has officially embraced a free float policy for the naira. This move signifies that the government or monetary authority, such as the CBN, will no longer intervene in determining exchange rates.
