Category : Search result: Nigeria tax crisis

Nigeria's Baking Crisis: 80,000 Bakeries Close in 4 Years

Nigeria Baking Crisis: 80,000 Bakeries Shut Down

Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.

FG's New Capital Gains Tax: 0-30% Rates to Protect Small Investors

New Capital Gains Tax Rules Protect Small Investors

Federal Government clarifies new progressive Capital Gains Tax rates from 0% to 30% starting January 2026. Small investors get exemptions while large corporations face higher rates. Learn how this affects your investments.

Oshiomhole Urges Tax Exemption for Nigerian-Made Goods Like Beer

Oshiomhole: Don't Tax Nigerian-Made Beer, Goods

Senator Adams Oshiomhole argues for removing excise duty on locally produced goods like beer to boost Nigerian manufacturing. Read his compelling reasons and public reactions.

Nigeria Enters New Tax Era: How the Tax Administration Act 2025 Will Transform Your Business

Nigeria's Tax Revolution: Act 2025 Changes Everything

Discover how Nigeria's groundbreaking Tax Administration Act 2025 promises unified tax procedures, enhanced transparency, and simplified compliance for businesses and individuals across the nation.

FG Rolls Out 50 Tax Reliefs to Soften Impact of New Fiscal Reforms

FG Unveils 50 Tax Reliefs for New Fiscal Reforms

The Nigerian government has introduced 50 major tax exemptions and relief measures to protect citizens and businesses from the immediate effects of new fiscal reforms. Discover how these changes will affect you.

FG Unveils 50 Major Tax Breaks: How Nigerians Will Save Money Starting 2026

FG Releases 50 Tax Exemptions Nigerians Get From 2026

Nigerian government announces comprehensive tax relief package including 50 exemptions that will benefit individuals and businesses from 2026. Discover key benefits for manufacturing, agriculture, and everyday Nigerians.

BREAKING: Fuel Tax on Hold! Government Waits for Naira Recovery and Oil Price Drop

Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall

The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.

BREAKING: Tinubu Imposes 15% Tariff on Imported Fuel - What This Means for Petrol and Diesel Prices

Tinubu imposes 15% tariff on imported fuel

President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.

Breaking: President Tinubu Slashes Import Duty on Petrol and Diesel to 15%

Tinubu Cuts Petrol Import Duty to 15%

In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost Nigeria's energy sector.

BREAKING: President Tinubu Slashes Import Duty on Petrol and Diesel to 15%

Tinubu Slashes Petrol Import Duty to 15%

In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost economic activities across Nigeria.

GTCO Soars: Records Staggering ₦900.8 Billion Profit Before Tax in Q3 2024

GTCO Records ₦900.8 Billion Profit in Q3 2024

Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.

FG Firm on 7.5% VAT Collection from Legal Practitioners at NALT Conference

FG: Lawyers Must Pay 7.5% VAT at NALT Conference

The Federal Government maintains its stance on VAT compliance for lawyers and law firms, emphasizing revenue generation during the Nigerian Association of Law Teachers gathering.

Nigeria Faces Stroke Epidemic: Medical Experts Sound Alarm and Demand Urgent Public Awareness Campaign

Nigeria Stroke Crisis: Experts Sound Alarm

Medical specialists across Nigeria are raising urgent concerns as stroke cases surge nationwide. Discover the warning signs, risk factors, and prevention strategies to protect yourself and loved ones from this growing health crisis.

Nigeria Introduces New ₦15,000 International Travel Levy Starting 2025 | What Travelers Need to Know

Nigeria Introduces ₦15,000 Travel Levy for 2025

The Nigerian government has announced a mandatory ₦15,000 levy on all international travelers departing from Nigerian airports beginning January 1, 2025. Discover how this new policy will affect your travel plans and what exemptions apply.

FIRS Grants Historic E-Invoicing Licence to Nigerian Fintech Firm - Digital Tax Revolution Begins

FIRS Grants First E-Invoicing Licence to Nigerian Firm

A pioneering Nigerian company has secured the Federal Inland Revenue Service's first-ever accreditation as an electronic invoicing provider, marking a major leap in the country's tax digitalization journey.

Meta Stock Plummets: How a ₦2.4 Trillion Tax Charge Wiped Out Profits

Meta Stock Plummets After ₦2.4 Trillion Tax Hit

Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.

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