Methodology of FAAC allocation
The Nigerian government financial system operates a structure where funds flow to…
Nigeria introduces 7.5% VAT on crypto transactions
KuCoin, a cryptocurrency exchange, says it will commence collection of a 7.5…
Tinubu signs executive order to introduce zero tax on imported pharmaceutical inputs
President Bola Tinubu has signed an executive order to introduce zero tariffs,…
Court discharges Tigran Gambaryan, Nadeem from tax evasion case against Binance
A Federal High Court of Nigeria has discharged Tigran Gambaryan, Nadeem Anjarwalla…
States banning sale of alcohol shouldn’t get VAT on beer, says ex-minister
Isaac Adewole, a former minister of health, has called for fiscal federalism…
I didn’t propose increase in VAT rate, says Taiwo Oyedele
The chairman of the presidential committee on fiscal policy and tax reforms,…
FG should increase VAT rates but exempt more items, says Taiwo Oyedele
The presidential committee on fiscal policy and tax reforms says there is…
VAT collection in Nigeria lowest in Africa – Abbas
Tajudeen Abbas, speaker of the House of Representatives, says Nigeria’s efficiency in…
Reps public accounts committee accuses CBN, commercial banks of sharing VAT on Remita
The public accounts committee of the House of Representatives accused the Central…
FG exempts LPG importation from VAT, customs duty
The federal government has exempted the importation of liquefied petroleum gas (LPG)…