Tags Taxation

Tag: taxation

Fed Govt Generates N127.03bn Tax From Calls, SMS

The Federal Government made N127.03bn from Value Added Tax on calls, SMS, data, and other information and communication services in the first...

VAT Revenue Rises By 33% To N2.07trn

The National Bureau of Statistics (NBS) said the federal government generated N2.07 trillion as Value Added Tax (VAT) last year. This...

CITN Expresses Commitment To Grow Taxation

The President and Chairman in Council, Chartered Institute of Taxation of Nigeria, Adesina Adedayo, has said the institute is committed to expanding...

FIRS To Tax Profits From Bonds, Securities

The Federal Inland Revenue Service (FIRS) has announced that it would tax profits accruing from investments in bonds and short-term government securities...

Zenith Bank’s Pre-Tax Profit Rises To N180bn

Zenith Bank Plc has reported a one per cent increase in its profit before tax to N180bn in the nine months ended...

Tax Reliefs Deprive FG Of N5.16tn in 12 Months

The Federal Government lost about N5.16tn to tax reliefs granted on Value Added Tax, Company Income Tax and Petroleum Profit Tax in...

VAT row: FIRS workers fear cut in salaries, bonuses

The dispute between the Federal Inland Revenue Service and some states over the collection of Value Added Tax seems to be taking...

Banks Pay N80.2bn Taxes To FG In H1

The federal government, in continuation of its aggressive revenue drive, was able to reap N80.2 billion in taxes from banks in the...

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