Tayo Koleosho, Chief of Staff to the Executive Chairman of FIRS, stated this during a two-day E-Invoice Post Go-Live workshop, highlighting the limitations of audit to drive tax compliance. He describ...
Abdul Kamra, director-general (DG) of AfDB’s Nigeria country office, spoke at the inaugural workshop of the BESS feasibility study held on Wednesday in Abuja. The workshop was organised by the Transmi...
In a statement, the customers were given N5m each. It added that since its inception, the campaign has distributed over N330 million in cash and gift prizes, positively impacting more than 5,000 custo...
Nigeria’s Federal Inland Revenue Service (FIRS) has developed a real-time portal to track all VAT-eligible electronic transactions and is mandating integration from banks, card schemes, fintechs, and ...
Before the last Monetary Policy Committee meeting of the Central Bank of Nigeria, there were mixed expectations. Some analysts advocated for cutting benchmark interest rates to increase liquidity in t...
The CIT framework is contained in the new provisions of the Nigerian Tax Act (NTA), which will take effect in January 2026. The new law also kept the tax rate for small companies (those with a gross t...
Speaking during a courtesy visit to President Bola Tinubu in Abuja on Wednesday, Anshula Kant, managing director and chief financial officer of the World Bank Group, said the global financial institut...
Agama spoke on Tuesday at the national workshop of the Chartered Institute of Stockbrokers (CIS) in Abuja. He said the move would transform the resources into tradeable securities, helping the economy...
The National Bureau of Statistics (NBS) says Nigeria’s nominal gross domestic product (GDP) is N372.82 trillion as of 2024 following the rebasing exercise. In its ‘Rebasing of Gross Domestic Product (...
In a wait-and-see approach, the Central Bank of Nigeria (CBN) on Tuesday retained its benchmark interest rate, known as the Monetary Policy Rate (MPR), at 27.5 percent, despite slowing inflation and s...
