The MPC retained the asymmetric corridor at +100 basis points and -300 basis points around the MPR.President Bola Tinubu has asked the national assembly to amend the 2023 Finance Act to impose a one-time windfall tax on banks’ foreign exchange gains.Tinubu requested the amendment in a letter read by Senate President Godswill Akpabio on the floor of the upper legislative chamber on Wednesday.
Dangote’s threat comes two months after his company said it was making plans to invest in the steel industry and expand the economy. on Meta, the parent company of WhatsApp, Facebook, and Instagram, for multiple data privacy violations.The FCCPC said the penalty follows a joint investigation with the Nigeria Data Protection Commission into Meta platforms’ conduct, privacy policies, the operation thereof, and practices between May 2021 and December 2023 — a period of 38 months.