Nigeria has raked in over N600bn in Value Added Tax (VAT) from foreign digital giants including Facebook, Amazon and Netflix, a senior government official has disclosed....
A recent audit conducted by OOM Professional Services has uncovered discrepancies amounting to ₦101.17 billion in revenue remittances by the Nigeria Customs Service (NCS), prompting urgent...
A Federal High Court sitting in Lagos has confirmed that the Federal Inland Revenue Service (FIRS) has the legal authority to collect Value Added Tax (VAT)...
The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.818 trillion in revenue for June to the Federal Government, state governments, and Local Government Councils. This was disclosed in...
The Nigeria Police Force has apprehended and extradited a Chinese national, Mr. Chen Gaochong, who had been on the run from authorities in China over allegations...
President Bola Tinubu on Thursday enacted four pivotal tax reform laws, signaling a major shift in Nigeria’s fiscal structure and centralising the authority to collect federal...
Fellow Nigerians, as we mark the second anniversary of our administration, I salute your resilience and undaunting spirit. Two years ago, you entrusted me with the...
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.681 trillion among the federal, states, and local governments for the month of April 2025....
More than nine months after the Supreme Court directed that local government allocations be paid directly to their accounts, the Federal Government has continued to channel...
The Federation Account Allocation Committee (FAAC) has announced the disbursement of N1.578 trillion to the Federal Government, states, and Local Government Councils (LGCs) as revenue for...
