Rivers State Governor, Nyesom Wike has dragged the Federal Inland Revenue Service (FIRS) to the Supreme Court over the collection of Value Added Tax (VAT). In a...
Telecommunication companies have increased the tariffs for calls, SMS and data services following the implementation of the new 7.5% Value Added Tax (VAT) on February 1,...
President Muhammadu Buhari has officially signed the 2020 Finance Bill into law, which seeks to increase the value-added tax (VAT) from 5 percent to 7.5 percent....
Nigerian Senate has finally approved an increase in the value-added tax (VAT) rate from 5% to 7.5% in a bid to help the government pay for...
The Federal Executive Council (FEC) which President Muhammadu Buhari presided over on Wednesday, approved the increment of value-added tax (VAT) rate from 5 percent to 7.2%...
Federal Government is planning to deduct 5% VAT for every online transaction via bank cards carried out by Nigerians from next year. The burgeoning digital economy...
The National Leader of the ruling All Progressives Congress (APC), Asiwaju Bola Tinubu, has warned President Muhammadu Buhari-led government not to increase taxes in the country....