Lagos State Government raked in N418bn as tax revenues in 2020 despite the outbreak of the COVID-19 pandemic, the state’s internal revenue service has said. A...
The Federal Government granted Dangote Cement Plc, Nigeria’s leading cement manufacturer, tax credit certificates valued at N22.321 billion. Executive Chairman of the Federal Inland Revenue Service...
Dangote Cement Plc, Nigeria’s most capitalised listed company, paid a total of N40.391 billion in income tax in the first quarter (Q1) of 2021. This was...
Ireland is right to resist a global minimum corporation tax rate which could end up being a “masterclass in the law of unintended consequences”, affirms the...
Stanbic IBTC Holdings Plc, one of the leading financial institutions in Nigeria, paid N11.506 billion to the federal government of Nigeria as corporate income tax in...
Income tax paid by Dangote Cement, Ecobank Nigeria and Lafarge Africa stood at N137.7 billion in 2020. Nigeria’s Company Income Tax (CIT) is presently charged at...
Oil Companies Pay N48 Billion in Taxes in 2020 Oil and gas companies operating in Nigeria paid a combined N47.74 billion in the 2020 fiscal year,...
To Revive African Economy after Pandemic, Employ New-generation Tax Collection System, Experts Say The COVID-19 pandemic has forced the world’s economies to stall. While some individual...
Despite COVID-19, FG Realised N1.53 Trillion from Value Added Tax in 2020 The Federal Government of Nigeria has started seeing the positive effect of series of...
Nigeria Corporations Paid N238.1 Billion Income Tax Via E-channels in 2020 Companies in Nigeria have started embracing electronic payment platforms established to ease the tax payment...