Nigeria Predicts Historic $9.5 Billion Tax Collection in Second Half
Nigeria is set to achieve another record in tax collection as it forecasts raising 7.5 trillion naira ($9.5 billion) in ...
Tag: tax compliance
FG Aims to Recoup N553 Billion in Unremitted Taxes from International Petroleum Shipping Companies
The Federal Government of Nigeria has announced its intention to recover more than N553 billion in unremitted taxes from international ...
FIRS and MATAN Collaborate to Simplify VAT Collection in Nigeria’s Informal Sector
The Federal Inland Revenue Service (FIRS) is joining forces with the Market Traders Association of Nigeria (MATAN) to introduce a ...
FG Grants Three-Month Grace Period for Vessel Owners to Settle Outstanding Tax Bill
In a bid to resolve a long-standing issue, the Federal Government of Nigeria has provided a three-month grace period for ...
Shocking Revelation: Nigeria’s Tax-to-GDP Ratio Soars, Unveiling Hidden Revenue.
In a significant development for Nigeria's fiscal landscape, the National Bureau of Statistics (NBS) recently announced an upward revision of ...
Nigerian Banks to Demand Tax Clearance Certificate Before Customers Can Buy Dollars, Other Foreign Currencies
Nigerian banks have implemented a new requirement for customers engaging in foreign exchange transactions. Customers are now mandated to present ...
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