Tax

FULL LIST: FG removes VAT on electric vehicles, gas generators, 61 others

The Federal Government has announced the removal of Value-Added Tax (VAT) on 63 items, including electric vehicles and gas generators.…

3 months ago

FG removes VAT on diesel, cooking gas

The Federal Government has removed Value-Added Tax (VAT) on Liquefied Petroleum Gas and diesel in the country. The Minister of…

3 months ago

FIRS to introduce e-invoice to enhance tax system

The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in…

3 months ago

Bill Gates: Tax collection in Nigeria too low

American business magnate Bill Gates says Nigeria’s tax collection rate is low. Gates, who is the co-founder of the software…

4 months ago

Eguavoen to lead Super Eagles as German tax laws foil Labbadia deal

The deal between the Nigeria Football Federation (NFF) and the new Super Eagles Coach Bruno Labbadia has been aborted. The…

4 months ago

Osun, Delta fine Google, Meta $350m for tax evasion

Tax authorities in Osun and Delta States have fined Google Nigeria and Meta $150 million and $200 million, respectively, for…

5 months ago

Kenya president withdraws tax hike after protests

President William Ruto, on Wednesday, June 26, 2024, withdrew planned tax rises, bowing to pressure from protesters who had stormed…

6 months ago

Court discharges Binance executives in tax evasion charge

A Federal High Court sitting in Abuja has discharged the executive of Binance Holdings Limited, Tigran Gambaryan, and his fleeing…

6 months ago

Nigeria records N1.43trn VAT in Q1 2024

The National Bureau of Statistics (NBS) has declared that the aggregate Value Added Tax (VAT) stood at N1.43 trillion in…

6 months ago

Sanwo-Olu, Zulum, others seek transparent tax system to boost revenue

Lagos State Governor Babajide Sanwo-Olu and his counterparts from Sokoto and Borno States, Babagana Zulum and Ahmad Aliyu Sokoto, respectively,…

7 months ago

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