Nigeria’s Value Added Tax (VAT) revenue rose in January 2026 as the implementation of a revised sharing structure increased the portion allocated to state governments while...
Nigeria’s fiscal structure is set for a major transformation as the Value Added Tax (VAT) reform takes full effect in 2026, granting states a larger share...
The Federal Government has introduced new fiscal measures to reduce investment risks and improve profitability across key sectors as part of a broader effort to strengthen...
Nigeria has reported a 84.6% year-on-year (YoY) increase in Value Added Tax (VAT) from N3.64 trillion recorded in 2023 to N6.72 trillion in 2024. The surge...
President Bola Ahmed Tinubu has announced the removal of Value Added Tax (VAT) on critical goods and services including food, healthcare, education, rent, public transportation and...
In the Value Added Tax (VAT) collections report released by the Federation Account Allocation Committee (FAAC) for Q1 2025, the 36 states generated a combined N1.5...
President Bola Tinubu’s effort to drive economic reform through a proposed increase in the Value-Added Tax (VAT) has suffered a major blow following rejection by the...
The Nigeria Governors’ Forum (NGF) on Thursday rejected the proposed increase in Value Added Tax (VAT) and reduction in Corporate Income Tax (CIT), citing the need...
The National Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has urged the administration of President Bola Tinubu to prioritise tax reforms that stimulate...
Nigeria’s Federation Account increased by 7.48% to N6.86 trillion in the third quarter (Q3) of 2024, according to the latest Economic Report from the Central Bank...