The CBN bank dividend payout policy
Businessam Staff
February 26, 2018
The new dividends payout policy announced last week by the Central Bank of Nigeria (CBN) would, on the face of it, seem targeted at shareholders of banks, who fail to meet some set conditions. According to the apex financial institution, banks, by the new policy, are restricted from paying a dividend if they have high […]
Still on taxing business to death
Businessam StaffFebruary 19, 2018
Nigerian government officials, politicians, and bureaucrats like to pretend that they are a part of this world. In truth they are not. On the matter of taxation, they like to sing a swan song once the slogan was established that the country’s tax-to-GDP ratio is one of the lowest in the world. You would think […]
The FIRS property evaluation and assessment
Businessam StaffFebruary 13, 2018
At some point we think that government and business will need to nd a way to work together for the good of this country. is is because for as long as anyone could remember, there has been no love lost between the Nigerian government and business. Government after government, the story has remained the same […]
Our philosophy is driven by the pursuit of more efficient markets
Businessam StaffFebruary 5, 2018
Today we set out on a journey, like the Wall Street Journal did over a century ago, influenced by the twin principles of “free markets and free people”, principles, we believe, the true fighters for our independence believed in. They are anchored on Thomas Jefferson’s Declaration of Independence in America and Adam Smith’s Wealth of […]
Federal government of Nigeria’s 2018 budget
Businessam StaffNovember 10, 2017
FG-2018-Budget
How to cope after being passed over for a promotion
Businessam StaffOctober 11, 2017
Being passed over for a promotion that you really wanted stings. Your first reaction may be to hit the job boards and start shooting your resume over to friends, hatching a plan to get out of there as soon as you can. But just because you suffered this (major) setback doesn’t mean you need to jump ship. Nearly […]
Nigeria’s domestic debt: A ticking time bomb
Businessam StaffAugust 4, 2017
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Full text of Executive Order on Voluntary Assets and Income Declaration Scheme, VAIDS
Businessam StaffJuly 1, 2017
Full Text of Executive Order No. 004 of 2017 on the Voluntary Assets and Income Declaration Scheme, VAIDS, signed on Thursday, June 21, 2017 by the Acting President, Yemi Osinbajo Whereas the Constitution imposes a duty on every citizen to declare his/her income fully and honestly to appropriate and lawful agencies and pay taxes promptly; […]
South Africa, US banks and Amazon
Businessam StaffJune 29, 2017
All 34 of the biggest US banks can return capital to shareholders after the Federal Reserve judged that they had enough capital, with Capital One in fact receiving only conditional approval and being told to resubmit its capital plan. It’s thought that Capital One was paying insufficient attention to potential risks in its credit card […]
President Trump, US banking regulations and China’s internet giants
Businessam StaffJune 22, 2017
US banking regulations seem set for profound change as lawmakers consider whether to pass the Financial Choice Act into law. Advocates argue that the 2010 Dodd-Frank Law currently in place was created in the heat of the post-crisis moment and left bankers in the US facing a confusing and costly thicket of regulation. Among other […]