Directors worry over banks’ windfall tax, say lending to SMEs, businesses will suffer

The Chartered Institute of Directors Nigeria (CIoD) has expressed deep concern over the impact of the recent Federal Government policy, which imposed a 70 per cent windfall tax on profits generated from FX transactions by banks from 2023 to 2025. 

The post Directors worry over banks’ windfall tax, say lending to SMEs, businesses will suffer appeared first on The Guardian Nigeria News – Nigeria and World News.

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