TAX
What You Need To Know About 7.5% VAT Imposed On Bank Transfers And PoS Transactions
Nigerian banks will from January 19, 2026, begin charging a 7.5% value-added tax (VAT) on certain banking services, including mobile…
NIN Now Serves As Tax ID For Nigerians – FIRS Announces
The Federal Inland Revenue Service (FIRS) has announced that the National Identification Number (NIN) issued by the National Identity Management…
Carlo Ancelotti Sentenced To One Year In Person For Tax Fraud In Spain
A Spanish court has handed football manager Carlo Ancelotti a one-year prison sentence for tax fraud, but he won’t be…
Senate Suspends Action On Tax Reform Bill, Schedules Meeting To Address Disputes
The Senate has ordered its Finance Committee to suspend further action on the proposed tax reform bill until after a…
Tinubu’s Tax Reform Bills Must Be Objective And Transparent – Atiku Tells NASS
Former presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has called on the National Assembly to be objective…
Bill Gates Says Tax Collection Is Very Low In Nigeria
American billionaire and philanthropist, Bill Gates has spoken about Nigeria's agriculture and low tax collection rates. Speaking at the Nutrivision…
FG Proposing Law To Increase VAT To 10% For Nigerians — Taiwo Oyedele
The Federal Government is planning to propose a law to the National Assembly to raise the value-added tax (VAT) from…
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