PPP participation in Nigeria should be promoted and increased because the benefits much outweigh the drawbacks.
However, it is critical that both the government and the private sector embrace transparency and accountability
This article delves into the history of both the gig economy and the contractor-employee divide, using insights from their intersection to propose a new test for properly categorizing workers.
Most Nigerians depend on telecommunication as their major means of communication and to run their businesses; and at one point or another, they have experienced some sort of network failure. This can be easily traced to an interconnection-related dispute between network service providers.
This article focuses on the laws regulating or rather, criminalising the cultivation and processing of Cannabis in Nigeria. It interrogates Nigeria’s legislative growth regarding drugs, particularly Cannabis, and questions whether there is need for a change in the way we approach the topic. It ends by highlighting the costs of these laws, considering the human capital and potential economic activities involved.
Omaplex 365: Nigeria 2022 Socio-economic and Technological Outlook Download PDF As with several countries across the globe, Nigeria has had to deal with the many…
Tax compliance is a labour-intensive and time-consuming process, often involving a lot of paper work and professionals, thereby driving up costs. The tax payer would ordinarily collate, prepare, and submit their returns, also calculating and deducting their allowable where applicable, while the tax authorities verify, cleanse, and validate the returns before the process is completed. This process drives up costs and needlessly consumes the time of the taxpayers and the authorities. There’s also the unending battle between taxpayers and authorities in interpreting and applying tax laws, leading to indecision and risks of audits and even litigation.
The Organisation for Economic Co-operation and Development (‘OECD’) identified the need for a multi-national approach to redefining PE, and proposed some models under their Base Erosion and Profit Sharing Projects (‘BEPS’).
Cryptocurrencies are not without their challenges however, for instance, they have exhibited periods of extreme volatility, which limits an asset’s ability to fulfill two of the classic functions of money to wit; to act as a stable store of value that people can hold and use predictably in the future, and to serve as a meaningful unit of account that can be used to assign a comparable value of goods and services.
Indeed, it is believed that Ponzi schemes and indeed all other fraudulent practices in breach of capital market rules can ideally be addressed by the deployment of Regtech systems that leverage advanced data analytics and artificial intelligence to generally identify suspicious financial dealings or activities on which such Ponzi schemes thrive.