Introduction The Nigerian Entertainment Industry stands as a cornerstone of the nation’s economy and cultural heritage, significantly contributing to economic growth and job creation. This sector, comprising film, music, and other media, thrives on the rich talent and creativity inherent in Nigeria’s population of over 200 million. As the epicenter of African media and entertainment, […]

Introduction In a bid to bolster its fiscal landscape, the Federal Government of Nigeria has introduced a measure to tax the realized profits from all foreign exchange transactions of banks in the 2023 financial year. This measure is captured in the Finance (Amendment) Bill 2024, which proposes a one-off tax of 50% on such realized