taxation

Ogunlesi Champions Bold Reforms While Inland Revenue Boss Drives Export-Led Economic Growth
Following a strategic discussion with President Bola Tinubu, Adebayo Ogunlesi, a prominent Nigerian-born international investor, conveyed a revitalized optimism about Nigeria’s economic transformation, hinting at...

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Politics Today
3 days ago3 days ago

Following a strategic discussion with President Bola Tinubu, Adebayo Ogunlesi, a prominent Nigerian-born international investor, conveyed a revitalized optimism about Nigeria’s economic transformation, hinting at forthcoming substantial investments in sectors such as energy, aviation, and maritime infrastructure. Sharing this positive outlook was Zacch Adedeji, the executive chairman of the Federal Inland Revenue Service (FIRS), who...

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Wike Champions Tinubu’s Bold Infrastructure Vision and Calls for Strict Tax Compliance
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has robustly endorsed President Bola Tinubu’s ambitious infrastructure agenda, affirming that the surge in construction...

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Politics Today
5 days ago5 days ago

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has robustly endorsed President Bola Tinubu’s ambitious infrastructure agenda, affirming that the surge in construction activities within the

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Nigeria’s Remote Workers Brace for the Taxman’s Arrival: What You Need to Know
Welcome to Follow the Money, our weekly deep dive into the financial performance, business models, and growth tactics of African fintech companies and financial institutions....

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Tech
2 weeks ago2 weeks ago

Welcome to Follow the Money, our weekly deep dive into the financial performance, business models, and growth tactics of African fintech companies and financial institutions. Tune in every Monday for fresh insights. Starting January 2026, Nigerians earning income remotely-such as a software developer making $2,000 monthly for a U.S.-based startup while residing in Lagos-will be...

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MAN Sounds Alarm on Tax Stamps: Warning of Significant Economic Impact Ahead
The Manufacturers Association of Nigeria (MAN) has voiced serious concerns regarding the planned implementation of a Tax Stamp System on excisable products within the country....

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Politics Today
3 weeks ago3 weeks ago

The Manufacturers Association of Nigeria (MAN) has voiced serious concerns regarding the planned implementation of a Tax Stamp System on excisable products within the country. According to MAN, this initiative is likely to result in substantial compliance expenses, operational delays, and only marginal increases in government revenue. Segun Ajayi-Kadir, the director-general of MAN, acknowledged the...

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AMAC’s New Radio and TV Levies Ignite Backlash from Residents and Business Owners in FCT
The Abuja Municipal Area Council (AMAC) has introduced a new charge on radios, televisions, and similar electronic devices, sparking significant backlash from residents and entrepreneurs...

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Politics Today
3 weeks ago3 weeks ago

The Abuja Municipal Area Council (AMAC) has introduced a new charge on radios, televisions, and similar electronic devices, sparking significant backlash from residents and entrepreneurs alike. Many have condemned the levy as an excessive and poorly timed form of “multiple taxation” that could jeopardize the viability of businesses within the capital city. This uproar follows...

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The Killer Touts Of Abuja: When Revenue Collection Becomes Murder
This is definitely one of the saddest news I have seen or read in a long time. A tragic incident unfolded on Wednesday afternoon under...

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Politics Today
1 month ago1 month ago

This is definitely one of the saddest news I have seen or read in a long time. A tragic incident unfolded on Wednesday afternoon under the Mabushi Bridge in Abuja, where a family of three – a man, his wife, and their son – lost their lives following a violent encounter with touts, popularly known...

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Unmasking Nigeria’s Economic Myths: How Taxing the Poor and the Illusion of a Trade Surplus Are Holding the Nation Back
Unpacking Nigeria’s Economic Landscape: The Reality Behind Trade Surplus Claims Question: “Had Nigeria developed a thriving manufacturing industry, would trade restrictions have effectively curtailed the...

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Opinion
2 months ago2 months ago

Unpacking Nigeria’s Economic Landscape: The Reality Behind Trade Surplus Claims Question: “Had Nigeria developed a thriving manufacturing industry, would trade restrictions have effectively curtailed the influx of foreign products? Contrary to expectations, imported goods continue to dominate the market.” The Manufacturing Sector’s Role in Shaping Trade Dynamics A strong industrial base is often the backbone...

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