Nigeria’s Company Income Tax dropped by 28.20 per cent to N1.77 trillion in the third quarter of 2024 from N2.47 trillion collected in Q2 the same year. The National Bureau of Statistics ...
The government says that value added tax (VAT) and company income tax have been on the increase since 2015. But a UN report this year showed that in 2018, Nigeria's estimated VAT gap - the ...
Google, Netflix, Facebook, and other foreign companies operating in Nigeria paid N3.85tn in taxes to the Federal Government in the first nine months of 2024, The PUNCH reports. The amount ...
Nigeria is one of Africa's biggest oil producers. Its oil and gas exports account for 90% of foreign exchange earnings, according to the International Monetary Fund. It already costs companies in ...
The Nigeria Tax Bill 2024 is not just about collecting taxes from the people. It is also a credible industrial policy instrument that, if properly utilised, could help Nigeria tackle its age-long ...