Tax: FG captures 5m more Nigerians – Osinbajo
At least five million more Nigerians have been added to the tax net following reforms in the tax collection architecture, Vice President Yemi Osinabajo has said.
Prof. Osinbajo who spoke yesterday at the 20th annual tax conference by...
VAIDS: A Call for Humane Taxation
By Comfort Yakubu
Voluntary Assets and Income Declaration Scheme(VAIDS) was introduced by the current administration as an initiative designed to encourage voluntary disclosure of previously undisclosed assets and income for payment of all outstanding taxes.
It has been implemented by the...
SMEDAN, JTB, FIRS , Begin Sensitisation For SMEs
The Federal Inland Revenue Service (FIRS), Joint Tax Board (JTB) and the Small and Medium Enterprises Development Agency (SMEDAN) have begun a sensitisation exercise for Business Membership Organisations (BMOs) on tax payment and their rights as taxpayers,...
Sterling Bank Records 65% Growth Profit After Tax To N8.521bn
Sterling Bank Plc on Monday reported a growth of 65 per cent in profit after tax (PAT) for the year ended December 31, 2018. The audited results of the bank showed PAT of N8.521 billion,...
Tax: Global Body Tightens Noose Against Evaders
The multilateral convention to implement tax treaty related measures and Prevent Base Erosion and Profit Shifting (BEPS) will enter into force on July 1, 2018, marking a significant step in international efforts to update the existing network of...
Recovering From Loss,Ecobank Posts N70 Billion Profit After Tax
Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, has recorded a profit after tax (PAT) of N69.992 billion for the year ended December 31, 2017, which is a recovery from a loss of N52.6...
