IMF Urges Nigeria to Expand VAT and Telecom Taxes to Boost Revenue
The International Monetary Fund (IMF) has urged Nigeria to broaden its tax base by introducing excise duties on telecommunications services ...
Tag: VAT
TaxStreem Seeks to Automate Tax Compliance for Businesses
TaxStreem, an automated tax compliance platform launched in March 2026, is seeking to use artificial intelligence to automate tax computation ...
VAT Allocation Shift Reshapes Fiscal Federalism as States Gain Revenue Primacy
Nigeria's January 2026 Value Added Tax (VAT) distribution figures have delivered the clearest indication yet of how the revised revenue ...
Overland Airways to Refund Passengers Over Wrong VAT Charges
Passengers who were charged value-added tax (VAT) on airline tickets purchased in 2025 will receive refunds, following clarification from tax ...
Nigeria’s Tax Hike Imperils Foreign Investment
Nigeria’s ambition to attract foreign direct investment (FDI) faces a significant hurdle: a 30 percent Company Income Tax (CIT) rate ...
VAT, Company Taxes Push Nigeria’s Non-Oil Revenue to N4.39 Trillion in Q4 2024 as Oil Earnings Fall Short
Nigeria’s non-oil revenue rose sharply to N4.39 trillion in the fourth quarter of 2024, outpacing government projections and helping to ...
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