Politics
Senate Passes Tax Reform Bills to Second Reading
Senate has passed President Tinubu’s four tax reform bills for second reading, aiming to overhaul Nigeria’s tax system
28 November 2024
Tax
Politics
Tax Reform Bills ‘Dead on Arrival’ – Senator Ali Ndume
Senator Ali Ndume calls for the withdrawal of President Tinubu’s tax reform bills, labeling them “dead on arrival.”
5 November 2024
Breaking News
NEC Demand Withdrawal of National Tax Reforms Bill
Nigeria’s 36 state governors have called for the withdrawal of the National Tax Reforms Bill to allow for broader consultations
1 November 2024
Business
Financial Experts Laud Proposed 25% Income Tax On Wealthy Nigerians
Financial experts back Nigeria’s proposed 25% income tax for the wealthiest, calling it a key step toward economic recovery and fairer wealth distribution
28 October 2024
Business
New bills seeks to tax betting and gaming services
Nigerian Government aims towards greater revenue generation by targeting gaming and betting services with taxes.
21 October 2024
Business
FIRS Launches USSD Code for Seamless Tax Payment in Nigeria
The Federal Inland Revenue Service (FIRS) launches *829# USSD code for easier tax payment and services in Nigeria
14 October 2024
Breaking News
New Bill in Nigeria Mandates Tax Identification Number (TIN) for Banking and Financial Services
A proposed bill in Nigeria requires individuals in banking, insurance, and financial services to provide a Tax Identification Number (TIN) for account operations
12 October 2024
Business
FG to Harmonize Tax System for all 36 States in Nigeria
The Federal Government of Nigeria plans to harmonize tax across all 36 states, with the FCT as a pilot for the initiative. This aims to simplify taxation and increase state revenues.
30 September 2024
Business
FEC To offer Tax Breaks To Companies With More Staffs
FEC approve tax breaks for companies employing large numbers of staff to address Nigeria’s unemployment crisis, along other economic reforms.
24 September 2024
Business
Finance Minister Debunks Rumors Of 10% VAT Increase From 7.5%
Finance Minister refutes rumors of a VAT hike from 7.5% to 10%, clarifying the government’s stance on tax policy.
9 September 2024
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