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Hot SourceNigeria’s plan to raise its capital gains tax (CGT) from 10% to 25% starting January 2026 has drawn mixed reactions from investors, with concerns that the new regime could dampen capital inflows and complicate large transactions. The increase, contained in the Tax Reform Act signed in October 2025, marks a sharp departure from the country’s […]
The post CGT: How Nigeria compares with other African countries appeared first on Nairametrics.
Hot SourceNEM Insurance Plc has released its third-quarter financial statement, reporting a pretax profit of N5.8 billion, an increase of 66.94% from N3.4 billion in the same quarter of 2024. The post NEM Insurance records N5.8 billion Q3 2025 profit on booming investments appeared first on Nairametrics.
Hot SourceHigh ferry fares remain a major obstacle to the widespread adoption of inland water transport in Lagos, despite the system’s potential to ease the city’s chronic traffic congestion, experts have said. Although waterways account for about 22% of Lagos’ landmass, linking 15 of the state’s 20 local government areas, ferries remain out of reach for […] The post Lagos water transport: High fares threaten potential amid €410 million Omi Eko push appeared first on Nairametrics.
