From Monday, January 19, 2026, millions of Nigerians who use mobile banking and USSD financial services will begin paying an…
Browsing: #VAT
Nigeria’s aviation sector faces a potential crisis as a sweeping new tax law set to take effect on January 1,…
The Federal Government has reiterated that all lawyers and law firms across Nigeria are legally required to remit 7.5 percent…
The Federal Government, state governments, and local government councils (LGs) shared a total of N2.25 trillion from the federation account…
Taiwo Oyedele, chairman of the presidential committee on tax policy and fiscal reforms, says the tax reform bills will be…
Senate Committee Recommends Retaining 7.5% VAT In Tax Reform Bills. In a significant development for Nigeria’s fiscal policy, the Senate…
FAAC Reports Decline In VAT Revenue, Distributes N1.678 Trillion To Governments. The Federation Accounts Allocation Committee (FAAC) has reported a…
Nigeria’s VAT Collection Reaches Record N1.78 Trillion In Q3 2024. The Nigerian government has achieved a remarkable milestone, collecting a…
Well, except something changes in the state of the economy to ameliorate the very perceived “shege” being experienced and expressed…
Former Vice President Atiku Abubakar has condemned the recent increase in Nigeria’s Value Added Tax (VAT), warning that the hike…
In a bid to address its fiscal deficit and debt service obligations, including social and job creation projects, the federal…