The Nigeria Revenue Service (NRS) has moved to debunk rumors circulating regarding the implementation of Value-Added Tax (VAT) on banking services, such as electronic...
The global advisory firm KPMG has identified various gaps, errors, and inconsistencies in the new Nigeria Tax Act (NTA).
The firm is calling for urgent...
The following banks have met the Central Bank of Nigeria’s (CBN) recapitalisation thresholds:
Access Holdings (Access Bank)
Zenith Bank
United Bank for Africa (UBA)
...
The Federal Inland Revenue Service (FIRS) has announced that individual Nigerians will no longer need to apply for a separate Tax Identification Number (TIN),...
In a significant restructuring of Nigeria’s fiscal leadership, President Bola Tinubu has ordered a major redistribution of responsibilities within the Federal Ministry of Finance.
This...
