Tax

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual income tax returns to April...

Minister of State for Finance, Taiwo Oyedele, has acknowledged the existence of errors in Nigeria’s new tax laws, stating that a finance...

Nigeria’s manufacturing sector contributed a total of N1.17 trillion in Value Added Tax (VAT) in 2025. This is according to...

Nigeria’s mining and quarrying sector contributed a total of N723.33 billion in Company Income Tax (CIT) in 2025.

Nigeria’s manufacturing sector contributed a total of N881.29 billion in Company Income Tax (CIT) in 2025. 

Nigeria’s electricity, gas, steam, and air conditioning supply sector contributed a total of N62.12 billion in Company Income Tax (CIT)...

Nigeria’s Company Income Tax (CIT) collections fell sharply in the fourth quarter of 2025, dropping to N1.49 trillion from N2.96 trillion...

Nigeria’s Value Added Tax (VAT) collections stood at N2.19 trillion in the fourth quarter of 2025, representing a 3.78% decline from the N2.28 trillion recorded...

VAT allocations to Nigerian states surged by 74% month-on-month to N423.25 billion in January 2026, marking a sharp rebound from...

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual tax returns by two weeks,...