In the pursuit of President Bola Ahmed Tinubu’s ambitious N10.4 trillion tax revenue target for 2024, tax experts are championing a substantial expansion of the tax...
The National Bureau of Statistics (NBS) has reported that the aggregate Value Added Tax (VAT) rose to N948.07 billion in the third quarter of 2023. The...
In a move to alleviate the challenges faced by taxpayers in meeting their obligations, the Federal Inland Revenue Service (FIRS) has announced a significant concession. The...
The Federal Government of Nigeria is committed to achieving its goal of raising the tax-to-gross Domestic Product (GDP) ratio to 18% within the next three years....
The Lagos State Internal Revenue Service (LIRS) has taken stern action against tax noncompliance, announcing the closure of 34 corporate organizations and 23 hotels for failing...
In a significant testament to its commitment to corporate citizenship and financial responsibility, three subsidiaries of the Dangote Group have revealed that they paid a substantial...
President Bola Tinubu’s administration is set to revolutionize the nation’s tax system. The ambitious plan seeks to redistribute the tax burden, making the wealthy pay their...
Sub-Saharan African countries have been advised by the International Monetary Fund (IMF) to tackle their fiscal deficits by focusing on eliminating tax exemptions and bolstering domestic...
Calls for Fairness, Transparency, and Seamless Tax Process to Attract Investors
The Federal Inland Revenue Service (FIRS) announced that it successfully increased Nigeria’s tax-to-Gross Domestic Product (GDP) ratio from 6.0 percent to 10.86 percent in 2022. The...