The Nigeria Labour Congress (NLC) has described the planned cybersecurity levy introduced by the Central Bank of Nigeria (CBN) on all electronic transactions has been described as another burden on Nigerians.  

Mrs Abimbola Essien-Nelson, the Media Relations Manager of Shell Nigeria, revealed that the oil company has exclusively paid $1.09 billion in corporate taxes and royalties to the Nigerian Government in 2023. 

Digital Economy: 21 African Countries Enact Tax Laws on Electronic Services - PwC Twenty-one African countries have enacted rules for non-resident suppliers to account for value-added tax, goods, and sales tax on electronically supplied services, a new report by PwC has revealed. According to the report,...

World Bank Yet To Consider FG’s $2.25bn Loan Request – Wale Edun   The World Bank is yet to consider the approval of the federal government’s $2.25 billion loan application, which the government said would provide crucial support to Nigeria’s economic recovery efforts amidst ongoing fiscal...

ICPC, FIRS Join Forces to Tackle Tax Evasion, Target N1.9trn   The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN has assured the Federal Inland Revenue Service (FIRS) that the Commission will assist the agency to tackle...

‘Remittance Task Force’ to Operate Under Cardoso’s Direct Supervision - CBN The Central Bank of Nigeria (CBN) has announced the formation of a “Remittance Task Force,” a specialized team dedicated to overseeing remittances and ensuring their smooth operation. The Governor of the CBN, Yemi Cardoso, made...