NNPCL announces N5.4tn profit after tax on N45.1tn revenue in 2024
The Nigerian National Petroleum Company Limited has announced its financial performance for the full year ended 2024, reporting a profit after tax of N5.4 trill...
Tax · Page 2
Tax burden majorly on workers, foreign companies contribute nothing – Experts
Tax justice advocates from Ghana, Kenya, and Nigeria have called for urgent reforms to Africa’s tax systems to reduce the burden on workers and ensure multinati...
‘Extra burden on struggling Nigerians’ – ADC slams 5% petrol tax
The African Democratic Congress, ADC, has slammed the Federal Government for introducing a 5% petrol tax, describing it as an additional burden on Nigerians sti...
EFCC arraigns Katsina revenue officials, bank manager over alleged N1.2bn tax diversion
The Economic and Financial Crimes Commission (EFCC), Kano zonal command, has arraigned five senior officials of the Katsina State Board of Internal Revenue and...
100 shops sealed in Umuahia over unpaid tax
About 100 shops were sealed on Thursday by the Abia State Board of Internal Revenue over the alleged failure of their owners to pay taxes.The affected shops, lo...
Nigeria Overhauls Tax System: What It Means for Households and Small Businesses
President Bola Ahmed Tinubu has signed into law a series of tax reforms aimed at modernising Nigeria’s tax system, simplifying compliance, and improving revenue...
Tinubu signs Tax Reform Bills into law
President Bola Tinubu has signed four tax reform bills into law, signalling what he described as a bold new era of economic governance in the country.The Presid...
Tax Reforms, Rivers crisis top Senate’s agenda as plenary resumes Tuesday
As the Senate is set to resume plenary on Tuesday, 6th May 2025, following the Sallah and Easter breaks, the Leader of the 10th Senate, Michael Opeyemi Bamidele...
How tax reforms bill will make housing affordable to Nigerians – Presidency
The Presidency on Thursday said the Tax Reforms Bill, when passed, will make housing more affordable and available to Nigerians by reducing the tax burden on th...
KIRS seals nine businesses in Kano over tax default
The Kano State Internal Revenue Service (KIRS) has sealed off nine business premises, including educational institutions, for allegedly failing to remit taxes.A...
Nigeria’s low Tax-to-GDP ratio stems from hidden wealth culture – VP Shettima
Vice President Kashim Shettima has attributed Nigeria’s low tax-to-GDP ratio to decades of widespread efforts by citizens to conceal wealth from the government....
US: No taxpayer dollars will be used to provide care, shelter for illegal aliens – HUD Secretary
The United States of America Secretary of Department of Housing and Urban Development, Scott Turner, has declared that no taxpayer' dollars will go to organisat...