Category : Search result: tax system


Child Marriage Victim Faces Execution in Nigeria

A Nigerian woman forced into marriage as a child now faces execution for her husband's murder unless she raises ₦800,000 for legal appeal. Her tragic story exposes the devastating consequences of child marriage and Nigeria's justice system.

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.

Man drags Ochanya's sister to court in viral case

A Nigerian man's viral video exposes legal battle against late Ochanya's sister in controversial 'enemy of progress' case that's sparking nationwide debate about justice and family conflicts.

APC Faces Pressure to Review Party Reward System

Prominent pro-Tinubu organization demands comprehensive review of APC's reward structure, citing concerns over party cohesion and future electoral prospects in Nigeria's political landscape.

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.

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.

IJAP Backs INEC: End Courtroom Elections Now

The Independent Journalists Association of Publishers supports INEC Chairman's call to stop determining election winners in courtrooms rather than ballot boxes. Discover the urgent reform agenda needed for Nigeria's democracy.

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.

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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