Amid concerns that Nigeria’s 30 percent Capital Gains Tax (CGT), highest in history, will put the nation’s stocks at risk, Taiwo Oyedele, chairman, Nigeria's Presidential Committee on Fiscal Policy and Tax Reforms feels otherwise following his recent answers to some frequently asked questions.
Since the announcement of federal government plans to increase capital gains tax (CGT) from 10 percent to 30 percent, many stakeholders, including those in the capital market have expressed concerns regarding the changes introduced to the capital gains
