Business Hilights

Tracking Nigeria's Headline Business News Online

Mr. Tunde Fowler

Lagos losing ‘grip’ as Buhari fails to renew Fowlers’ tenure at FIRS?

…As Graduate of Sociology, Nami replaces him Undercurrent politicking spree that had spanned since last week came to an unexpected end Monday as contrary to speculations that Lagos favoured candidate for reappointment as chief executive of the Federal Inland Revenue…

tax on GSM
ICT

Can Senate drop Ndume’s Comm Tax Bill now Ghana has halted theirs?

…As ATCON fears shrinking N450bn yearly contribution to GDP Confusion may be the best word to describe a scenario that is currently playing out at the National Assembly over the recent introduction of Nigerian Communication Tax of 9% Bill by…

FIRS, JTB deepen move to cage high-income earners, 12 states sign VAIDS

The federal government has stepped up its drive to capture several Nigerian high income earners who had been evading taxes as the Joint Tax Board (JTB) and the Federal Inland Revenue Service (FIRS) have started sharing data of high net…

FIRS causing service providers to pay double VAT by hoarding receipts

Whereas the federal government through the Federal Inland Revenue Service (FIRS) is working to raise tax compliance in the country, indication has emerged showing high incidence of double payment of Value Added Tax (VAT) by companies. A number of tax…