Browsing Tag

tax

Kenyan content creators reject tax proposals


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Kenya’s finance bill of 2023 contains a raft of proposals that intend to expand the country’s tax bracket. Eric Omondi, a renown comedian is leading content creators in opposing the proposal One of the controversial proposals is aimed…

Institute seeks review of Nigeria’s tax laws


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The Chartered Institute of Taxation in Nigeria has called for a holistic review of the country’s international tax policies to have a framework that will increase tax revenue in the country. This was part of discussions at the 25th annual…

FCT IRS urges proper documentation of expatriates in Abuja


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The Nigerian Federal Capital Territory Administration has frowned at the situation where Companies and organisations with foreign nationals operating within the FCT without remitting or paying tax to the Internal Revenue Service. …

Tax: Nigeria’s Revenue Service Blocks Leakages, Boosts Revenue with ICT


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The Federal Inland Revenue Service in Nigeria, (FIRS) has leveraged on the use of modern information and communications technology to block leakages and shore up the revenue profile of the nation to an all time high of over 10 billion naira…

NNPC debunks reports of missing N20bn


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The Nigeria National Petroleum Company Limited, has debunked reports that it hired non-existent consultants, adding that the claims that N20 billion Naira was missing from its vault was false. The NNPC was reacting to a report published…

Nigeria Renews Call For Fair International Tax Practices


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Nigeria has again, called on the United Nations and the International Tax Community to forge an inclusive, equitable, fair and universally beneficial international tax system for the attainment of the 2030 Sustainable Development Goals…

DMO Tasks President-elect on Revenue Generation


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Nigeria's Debt Management Office (DMO) and the African Centre for Leadership, Strategy and Development (Centre LSD) have tasked the incoming government on revenue generation to tackle Nigeria’s debt deficit. The stakeholders made the…

Anambra State Governor Inaugurates Board Of Internal Revenue


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Anambra State Governor, Chukwuma Soludo, has inaugurated the State Board of Internal Revenue, that would see to the improvement of internally generated revenue. The board has Mr. Richard Madiebo as its Chairman. This is contained in a…

Nigeria Earns N10.1tn from Value Added Tax – NBS


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The Federal Government has raked in N10.1tn from the collection of Value Added Tax under the President Muhammadu Buhari administration. This comes just as the Minister of Finance, Zainab Ahmed, adviced the incoming government to increase…

FCT-IRS to boost Revenue via adequate institutional framework


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The Acting Executive Chairman of the  Federal Capital Territory Internal Revenue Service (FCT-IRS), Mr. Haruna Abdullahi says the management of the Service has priortised providing an institutional framework that would stand the test of…