Tag: VAT

Nigeria recorded a major increase in non-oil revenue in February 2026, with collections rising to N2.40 trillion, according to the latest ...

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the country’s major tax challenge is not ...

Nigeria’s Federation Account Allocation Committee (FAAC) has shared a total of N2.300 trillion among the three tiers of government as ...

The Federal Government has denied reports claiming it plans to introduce new taxes on telecommunications services and petroleum products, describing ...

The International Monetary Fund (IMF) has advised Nigeria to consider increasing its Value Added Tax (VAT) rate and introducing excise ...

The International Monetary Fund (IMF) has urged Nigeria to broaden its tax base by introducing excise duties on telecommunications services ...

TaxStreem, an automated tax compliance platform launched in March 2026, is seeking to use artificial intelligence to automate tax computation ...

Nigeria's January 2026 Value Added Tax (VAT) distribution figures have delivered the clearest indication yet of how the revised revenue ...

Passengers who were charged value-added tax (VAT) on airline tickets purchased in 2025 will receive refunds, following clarification from tax ...

Nigeria’s ambition to attract foreign direct investment (FDI) faces a significant hurdle: a 30 percent Company Income Tax (CIT) rate ...