April 5, 2022/Axxela Helios Investment Partners (“Helios”), the Africa-focused private investment firm, acting on behalf of funds it advises, and Sojitz Corporation (“Sojitz”), one of the leading conglomerate investment and trading houses listed on the Tokyo Stock Exchange, announce the completion of the sale by Helios of a 25% interest […]
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CITN President Decries Move To Deregulate Tax Practice
April 4, 2022/FICAN The President, Chartered Institute of Taxation of Nigeria (CITN), Mr Adesina Adedayo, has expressed his concern about the subtle move to deregulate tax practice in the country through legislation. He also warned that the plan, which he said was spear-headed by another professional body, would erode the […]
Nigeria’s Growing Unattractiveness to Foreign Investors
March 30, 2022/United Capital Research The National Bureau of Statistics (NBS) recently released Nigeria’s Capital Importation report for FY-2021. On a positive note, total capital imported rose 26.4% q/q and 109.3% y/y to $2.2bn in Q4-2021, from $1.7bn and $1.0bn in Q3-2021 and Q4-2020, surpassing $875.6mn in Q2-2021 and $1.9bn […]
