Home Topics Taxes
Aviation workers have cried to the Federal Government to come to the rescue of the sector to prevent the total extinction of the sector which they described as worst hit by the rampaging coronavirus pandemic.
The United States should work to achieve a single, comprehensive agreement with Kenya that removes barriers to trade and investment, instead of pursuing a phased approach, the U.S. Chamber of Commerce said in a document viewed by Reuters.
Dana Air says it will keep the middle seats in all its aircraft empty upon resumption of flights, in line with the social distancing guideline on COVID-19.
That lawsuit went to trial in a San Francisco court on Tuesday, and the crux of the case is a 2010 deal between Facebook and an Irish subsidiary it uses to shuffle money around internationally. The IRS alleges Facebook undervalued the intellectual property it sold to the subsidiary, thereby dodging billions in taxes.
Hundreds of truck drivers on Tuesday blocked the Onitsha-Enugu expressway to protest alleged imposition of taxes, intimidation and violation of court judgement by the agents of Anambra State government.
The Auditor-General of the Federation, Mr. Anthony Ayine, has reported that some federal government Ministries, Departments and Agencies (MDAs) spent N26.606 billion in 2017 without payment vouchers or requisite approvals for such expenditures.
Arik Air received two aircraft from C-Check over the weekend, thereby boosting the operations of the airline in the coming festive season.
Nigeria’s Senate decision to approve 56 amendments in Finance Bill, an executive bill submitted by President Muhammadu Buhari, seeking an approval to raise tax rates payable by consumers and business entities to augment Federal Government’s declining cashflow, last week opened another pandora box of debate as to the fate of ordinary citizens when it eventually gets signed into law by the president in the days and weeks ahead.
British Prime Minister Boris Johnson unveils his Conservative Party’s manifesto on Sunday, pledging to move on from Brexit and austerity in a bid to secure a general election majority.
Bill Gates, the world’s richest man for nearly two decades, says he has paid over $10 billion in taxes, adding that he is willing to pay as much as $20 billion.
The tax offices established by the Federal Inland Revenue Service (FIRS) for the administration of taxes for non-resident taxpayers will become operational by January 2020.
A third of the world’s nearly 700 million children under five years old are undernourished or overweight and face lifelong health problems as a consequence, according to a grim UN assessment of childhood nutrition released Tuesday.
The National Bureau of Statistics (NBS), says in the first half of 2019, the 36 states and the Federal Capital Territory (FCT) generated N691.11 billion as Internally Generated Revenue (IGR).
The National Bureau of Statistics says in the first half of 2019, the 36 states and the Federal Capital Territory generated N691.11 billion as Internally Generated Revenue.
The decline in government revenues and the slow and uneven growth in key sectors of the economy are key factors in the stagnation of the nation’s economic development, an economic analysis conducted by the Centre for Democracy and Development (CDD) shows.
Civil Society Organizations (CSOs), under the auspices of The Tax Justice and Governance Platform, (TJGP) have called on the federal government to concentrate more efforts on ensuring the proper collection of appropriate taxes than increasing the Valued Added Tax.
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to dishonour instructions on the payment of salaries, pensions, and taxes of public and private companies that are not transmitted on approved electronic payment and collection platforms.
The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to discontinue the official exchange rate of N305 to one United States dollar.
Twitter issued a fact check of some of Donald Trump’s tweets on Tuesday, marking the first time the U.S. president’s favoured social media platform has pushed back against him spreading falsehoods.
Controversy continues over the Covid-19 status of Kogi State. Whereas the State Government affirms it’s position that the State has not recorded any case yet, the Nigeria Centre for Disease Control, NCDC, opines it is probably because enough tests are not being carried out in the State or they are not coming with all the facts.
Oyo State has recorded six new confirmed cases of COVID-19, the latest figures released by the Nigeria Centre for Disease Control (NCDC) have revealed.
An early Wednesday morning ghastly motor accident has claimed lives of not fewer than five passengers in Rimin Gata in Ungoggo Local Government area of Kano State.
YouTube says it’s begun fixing an error in its moderation system that caused comments containing certain Chinese-language phrases critical of China’s Communist Party (CCP) to be automatically deleted.
The Governor of Osun State, Gboyega Oyetola, on Wednesday commissioned an isolation centre with 160 beds in Osogbo as part of efforts to curb the coronavirus pandemic in the state.
Odion Ighalo’s representative Ladi Salami has revealed that his client could remain at Manchester United beyond next week.
Thousands of children in face masks flocked back to school in Ivory Coast on Monday after the country became one of the first in West Africa to restart lessons after a two-month coronavirus shutdown.
Recall that in the 245 figures released by the Nigeria Centre for Disease Control (NCDC) on Friday night, Kaduna State had 10 cases.
The Rivers State University Teaching Hospital said two patients admitted to the hospital tested positive for COVID-19.