MTN Share Price Increases After Revoked Tax Case   The share price of MTN increased by 5.3 per cent to 83.67 rand on Friday following the announcement of the revocation of its $2bn tax case in Nigeria. The increase in the share price pushed the company’s market...

NLNG Has Paid $7bn Tax, $15bn Dividend To FG - MD   The Nigeria LNG Limited says it has paid over $7bn as taxes and issued more than $15bn as dividend to the Federal Government since it started operations. NLNG’s Managing Director, Tony Attah, who disclosed this...

Experts Oppose IMF’s Call For Tax Hike   Finance experts, Lagos Chamber of Commerce and Industry, a university don, among others, have disagreed with the International Monetary Fund on the fund’s latest recommendation to the Federal Government to raise its tax rate in order to meet...

Expert Calls For Simplified Tax System   The federal and state governments have been advised to address grey arears in the nation’s tax policies in order to increase the country’s non-oil revenue. The Director, Fin Insurance Company Limited/Union Insurance Brokers Limited, Mr. Afolabi Elebiju, said there was...

Investors Seek Tax Removal On Investments To Promote Savings   The prevailing high tax regime in the country has come under fresh criticism, as investors have called on the Federal Government to remove the various taxes imposed on investment in the capital market, stating that such...

Nigeria Earned N35trn From Tax In 8 Years, Says FIRS   Within an eight-year period covering 2011 and 2018, the country earned a total of N35.56tn as tax revenue, statistics obtained from the Federal Inland Revenue Service have revealed. An analysis of the tax revenue statistics showed...