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Total taxes on products in the economy rose by 112.02 per cent from N1.43tn in 2019 to N3.03tn in 2022, coinciding with a...
ByBusinessTodayNGJune 12, 2023The recently released Q3-2022 Company Income Tax (CIT) report by the National Bureau of Statistics (NBS) revealed that company income tax receipts totalled...
ByBusinessTodayNGJanuary 5, 2023The Federal Inland Revenue Service (FIRS) has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the Sentinal National...
ByBusinessTodayNGOctober 28, 2022The new Finance Act 2020, signed into law last month by President Muhammadu Buhari, eases the tax burden on the insurance industry, paving...
ByBusinessTodayNGFebruary 25, 2020The Trade Union Congress of Nigeria (TUC) has described increase in the Value Added Tax (VAT) from 5.0 per cent to 7.5 per...
ByBusinessTodayNGJanuary 15, 2020Nigeria has one of the highest company income tax rates globally which is a disincentive for business growth, Tax leader, PwC Nigeria, Taiwo...
ByBusinessTodayNGSeptember 23, 2019The data mining efforts of the Federal Government through the Federal Ministry of Finance has identified a new batch of over 130,000 high...
ByBusinessTodayNGMarch 6, 2018