Ten Banks Contribute N987bn in Taxes to FG
Ten Banks Contribute N987bn in Taxes to FG
Ten commercial banks in Nigeria paid a combined N987.40bn in corporate income tax to the Federal Government...
Nigeria Signs on AfCFTA Tariffs
Nigeria has gazetted its Provisional Schedule of Tariff Concessions (PSTCs) under the African Continental Free Trade Area (AfCFTA).
FIRS, NGF Partner to Enhance Economic Growth, Boost Revenue
FIRS, NGF Partner to Enhance Economic Growth, Boost Revenue
As part of the efforts to boost revenue and economic growth across the federation, the Federal...
FIRS, Flutterwave Collaborate on Digital Tax Platform
FIRS, Flutterwave Collaborate on Digital Tax Platform
The Federal Inland Revenue Service (FIRS) has integrated Flutterwave’s payment technology to enable seamless digital tax collection, making...
Reps Pass Tax Reform Bills
The four bills — the Nigeria tax bill, the Tax Administration bill, the Joint Revenue Board Establishment Bill, and the Nigeria Revenue Service Bill, scaled third reading during plenary on Tuesday.
E-invoicing to Boost tax-to-GDP Ratio, Curb Revenue Loss – FIRS
E-invoicing to Boost tax-to-GDP Ratio, Curb Revenue Loss - FIRS
The Federal Inland Revenue Service (FIRS) has stated that the implementation of the electronic-invoicing (e-invoicing)...
FIRS Pledges to Raise Tax-to-GDP Ratio, Improve Tax Compliance with e-Invoice system
The Federal Inland Revenue Service (FIRS), yesterday said it was determined to drive Nigeria’s tax-to-Gross Domestic Product (GDP) ratio.
FG Rakes in N402.3bn Tax From Dangote
FG Rakes in N402.3bn Tax From Dangote
The Dangote Industries Limited, (Dangote Group), and its subsidiaries paid over N402 billion in taxes in 2024, making...
US Tax Reforms may Reduce FDI in Nigeria – NESG
The Nigerian Economic Summit Group (NESG) has warned that the US President, Donald Trump’s tax reforms may lead to a reduction in foreign direct investment (FDI) to Nigeria.
States Predict N3tn Tax After Reform Bills Passage
Findings show that state governments have set a tax revenue target of approximately N3.12tn for the 2025 fiscal year.
Airline Operators Bemoan Excessive Taxes in Nigeria’s Aviation Industry
Airline Operators Bemoan Excessive Taxes in Nigeria's Aviation Industry
Prof Obiora Okonkwo, Founder of United Nigeria Airlines and spokesperson for the Airline Operators of Nigeria,...
Reps Kick Against Telecom Tariff Hike
Reps Kick Against Telecom Tariff Hike
The House of Representatives has called on the Minister of Communications, Innovation and Digital Economy, Bosun Tijani and the...
FG Predicts Economic Uplift as Tax Bills Take Effect
FG Predicts Economic Uplift as Tax Bills Take Effect
Experts in law and finance, including high-ranking government officials, emphasize the crucial role that law plays...
FIRS Generated N21.6trn Revenue in 2024, Targets 25trn – Adedeji
FIRS Generated N21.6trn Revenue in 2024, Targets 25trn – Adedeji
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji has announced...
FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies, Parastatals
FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies, Parastatals
President Bola Tinubu has made key appointments, naming board chairpersons for 43 federal agencies...
Nine Major Facts About Tinubu’s Controversial Tax Bills
Nine Major Facts About Tinubu's Controversial Tax Bills
President Bola Ahmed Tinubu submitted four tax reform bills to the National Assembly on September 3, 2024.
These...
Governors Back Tax Reforms, Endorse New VAT Sharing Formula
Governors Back Tax Reforms, Endorse New VAT Sharing Formula
After weeks of intense debate, governors from Nigeria's 36 states and the Presidential Tax Reform Committee...
FG Begins New Withdrawing Tax Policy
FG Begins New Withdrawing Tax Policy
The Federal Government has commenced the implementation of the 2024 Withholding Tax Regulations, signalling effort to modernise Nigeria’s tax...
Tax Burden Reduced for 90% of Public, Private Sector Workers – Oyedele
Tax Burden Reduced for 90% of Public, Private Sector Workers - Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo...
Tinubu Defies Critics, Insists on Tax Reforms
Tinubu Defies Critics, Insists on Tax Reforms
President Bola Tinubu has reaffirmed his commitment to the proposed tax reforms, despite mounting opposition from various stakeholders....
