Bank Chairmen, CEOs Divided Over FG’s Forex Windfall Tax

LAGOS – Confusion is currently brewing between boards of banks and chief executive officers on the decision of the Federal Govern­ment to impose a 70 percent tax on foreign exchange gains by banks. Daily Independent gathered that notable chairmen of boards of banks like Femi Otedola, Chairman of FBN Holdings; Mustapha Chike-Obi, Chairman of Fidelity [...]

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