Category : Search result: profit before tax


BP Profit Surges to $2.7B as Oil Prices Soar

British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.

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 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.

Profit Over Nigerians: Feyi Fawehinmi's Business Truths

Discover the eye-opening revelations from financial analyst Feyi Fawehinmi about how Nigerian businesses prioritize profits over citizens' welfare and what entrepreneurs can learn from this troubling trend.

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.

Taxaide Technologies Appoints Emeka Obi to Board

Taxaide Technologies Limited, Nigeria's leading tax technology solutions provider, announces the strategic appointment of Emeka Obi to its Board of Directors, strengthening corporate governance and digital innovation.

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.

Bella Okagbue: Kissing Before Marriage Is Wrong

Former BBNaija star Bella Okagbue sparks major conversation as she reveals her surprising stance on premarital kissing and shares her personal relationship values that got everyone talking.

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.

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 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: 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.

Samsung Profits Jump 32% in Q1 2024

Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.

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 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 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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