Nigeria can get over $7.5bn annually from wealth tax, 99% of the wealthiest avoid...
The Country Director of Oxfam International in Nigeria, John Makina, has said that implementing a progressive wealth tax could enable Nigeria to generate over...
Fidelity Bank improves ease of revenue collection with tax booths
As part of initiatives towards increasing efficiency in revenue collection in Anambra State, leading financial institution, Fidelity Bank Plc, has donated 10 units of...
Nigeria’s tax collection rate too low -Bill Gates
The co-chair of the Bill and Melinda Gates Foundation, Bill Gates, stated yesterday that Nigeria’s tax collection rates are low, pointing out that this...
Otedola urges banks to embrace windfall tax, cut lavish spending
Chief Femi Otedola, chairman of FBN Holdings and Geregu Power Plc, has thrown his weight behind the new windfall tax policy of President Bola...
Tax Conference: Sanwo-Olu, Zulum, Amosun, other experts seek transparent tax system to boost IGR
Lagos State Governor, Mr. Babajide Sanwo-Olu, and his counterparts from Sokoto and Borno States have emphasised the need to make the country’s tax system...
Presidency reveals fresh plan to increase VAT rate
The presidency, through its Committee on Fiscal Policy and Tax Reforms, has announced that there is a need to increase the value-added tax (VAT)...
Nigerian tax laws allegedly violated by Binance
The Federal Inland Revenue Service (FIRS) has filed criminal charges against Binance, a renowned cryptocurrency exchange platform.
The lawsuit, filed at the Federal High Court...
34 companies granted three-year tax holidays in 2023
The Nigerian Investment Promotion Commission (NIPC) has revealed that the Federal Government approved tax holidays for 34 companies in 2023.
Lovina Kayode, Head of Incentives...
LIRS announces deployment of upgraded revenue collection process for hospitality sector in Lagos State
The Lagos State Internal Revenue Service (LIRS) has announced the immediate deployment of an upgraded process for the collection of Hotel Occupancy and Restaurants...
Tinubu directs immediate implementation of tax reforms
President Bola Tinubu on Tuesday directed the immediate implementation of fiscal policy and tax reforms recommendation of a report on the ‘quick-win achievement’.
The Special...
