Our Latest Articles
Explore our expert insightss on financial management and industry trends.
June 26, 2026 · 4 min read
Widening the Tax Base in Nigeria
This article explains taxation in Nigeria, including the meaning of tax, tax base, Nigeria’s decentralized tax structure, the importance of taxation, types of taxes paid, strategies for expanding the tax base, and the Federal Inland Revenue Service (FIRS) tax collection performance from 2020 to 2024.
June 26, 2026 · 4 min read
The Cost of Governance in Nigeria and its Impact on Citizens
The high cost of governance in Nigeria continues to strain public resources, with massive recurrent expenditure, bloated government structure, and corruption driving up administrative costs. This article examines the major factors responsible, lessons from countries like India, Rwanda, and Kenya, and practical recommendations to reduce governance costs and redirect funds toward development.
June 26, 2026 · 5 min read
WINDFALL TAX: HOW DOES IT AFFECT THE ECONOMY
Windfall tax is a special levy imposed on unexpected corporate profits arising from external events such as exchange rate movements, commodity price increases, or policy changes. This article explains the meaning of windfall tax, its purpose, global examples, Nigeria's proposed windfall tax on banks, economic implications, and the potential benefits and challenges of implementing the policy.
June 26, 2026 · 5 min read
The Import Duty Exemption Certificate (IDEC) & Its Impact on Revenue Collection
The Import Duty Exemption Certificate (IDEC) Scheme is a fiscal incentive that exempts eligible imports from customs duties to support industrialisation, investment, and economic growth in Nigeria. This article explains how the IDEC scheme works, its application process, benefits, challenges, and its impact on government revenue collection and customs administration.
June 26, 2026 · 8 min read
Nigeria's Mounting Debt Level & The Way Forward
Learn about Nigeria's mounting public debt, its causes, economic consequences, debt-to-GDP ratio, debt servicing challenges, and practical policy recommendations for sustainable debt management and long-term economic growth.
June 25, 2026 · 10 min read
Wealth Tax
Wealth tax is a fiscal policy tool designed to levy a tax on individuals or entities based on their net wealth. Unlike income tax, which is based on income per time, wealth tax is based on the total value of assets owned, such as real estate, investments, cash, and luxury goods, after deducting liabilities. It is often implemented to promote economic equity, reduce wealth concentration, and generate government revenue.
June 25, 2026 · 6 min read
Progressive Tax Policies
Progressive taxation is a tax system where individuals with higher incomes contribute a larger percentage of their earnings compared to lower-income earners. This article examines the benefits of progressive taxation, tax expenditures, smart tax reforms, global examples, challenges, and recommendations for Nigeria to achieve fiscal equity and inclusive economic growth.
June 25, 2026 · 5 min read
TRANSFER PRICING REGIME, BENEFITS & LIMITATIONS
Transfer Pricing (TP) is a key component of modern tax administration that regulates the pricing of transactions between related enterprises. This article explains transfer pricing in Nigeria, its regulatory framework, approved methods, documentation requirements, benefits, limitations, and its role in preventing profit shifting while promoting fair taxation.
June 25, 2026 · 8 min read
Ownership Wealth Demographic Mapping in Nigeria
Ownership Wealth Demographic Mapping examines how wealth is distributed among different demographic groups in Nigeria. The analysis highlights economic inequalities influenced by region, gender, ethnicity, age, historical events, and socioeconomic factors while exploring how wealth mapping can support better policies, financial inclusion, and sustainable economic growth.