Chartered Institute of Taxation of Nigeria Archives

CITN says eNaira would reduce tax evasion

The Chartered Institute of Taxation of Nigeria has projected that the introduction of the eNaira into the Nigerian economy will ...

#EndSARS: NEC to review implementation strategy for reports of Judicial Panels - Osinbajo

FG to raise taxes from foreign tech companies operating in Nigeria – Osinbajo

by William Ukpe

June 28, 2021

The Vice President has stated that the FG will commence taxing of foreign tech companies with operations in Nigeria.

CITN,Why court absolved three AIICO staff members of N1.5 billion fraud charges

CITN issues rejoinder to ICAN’s claim over court case

by Emmanuel Abara Benson

July 9, 2020

The rebuttal claims that there are some 'critical misinterpretations' contained in ICAN's claims concerning the judgment.

Court rules ICAN members do not need CITN license to file tax returns

by Emmanuel Abara Benson

July 8, 2020

The suit, which was filed some years ago by CITN, was basically struck out for lacking merit.

Finance Act: Take advantage of the many opportunities – CITN

by Titobioluwa Okunade

January 24, 2020

Tax consultants have been encouraged to take advantage of the many opportunities that abound in the country’s new Finance Act.

FIRS issues 30-day window to obtain tax clearance certificates

by Fakoyejo Olalekan

December 30, 2019

The Federal Inland Revenue Service (FIRS) has given taxpayers 30 days window to secure their 2020 tax clearance certificates. The ...

$NCC, MDA, SEEPCO, local content laws, CBN Cashless Policy: Reps eye policy reversal, court Emiefele approval , Lawmakers tackle Finance Minister over failed CCTV project worth $460 million , Former Ghanaian President, Mahama begs Buhari to open border Former President of Ghana, John Mahama has appealed to President Muhammadu Buhari to open up its borders saying that Ghana has been heavily affected by Nigeria’s decision to close its borders. Mahama said that for economic activities to resume in West Africa, Nigeria needs to reconsider its decision on the total border closure. He made this plea while delivering the seventh anniversary lecture of investiture into The Realnews Hall of Fame and the unveiling of a book, titled: Pathways to Political and Economic Development of Africa. According to the former president as reported in The Nation, the closure of especially the Benin border, was taking a significant toll on many small and medium businesses, especially in Togo, Ghana and Cote D’Ivoire, which relied on inter-country trade. “I am sure that businesses in Nigeria that rely on supplies from these countries are also suffering. With the signing of the joint border task force agreement between Nigeria and her neighbours, I will like to take this opportunity to appeal to Nigeria to open up her border so that economic activities can resume,” Mahama said. While reacting to the shut down of shops owned by Nigerians by the Ghana Union of Traders’ Association (GUTA) as retaliation to the border closure, Mahama said; “Back home in Ghana, I also look forward to our government’s intervention that brings an immediate cessation to the forceful and illegal closure of shops of foreigners, especially Nigerians, by members of the local trade associations”. Mahama who is a former Chairman of the Economic Community of West Africa States (ECOWAS) spoke on how he still has an abiding interest in the progress of ECOWAS and its people. In this light, he said that Nigeria being the home of ECOWAS and the largest economy in West Africa should not allow the objective principles for establishment of ECOWAS to be lost. Meanwhile, the Vice Chancellor of Niger Delta University, Bayelsa State, Prof. Samuel Edoumiekumo, advised President Muhammadu Buhari not to yield to pressure to reopen the borders. Edoumiekumo who was also present at the lecture said President Buhari should remain firm in his resolve to ensure economic growth and the country’s development as the border closure will generate more revenue for the nation and tackle smuggling., Nigerians are enraged as lawmakers reject Innoson cars for latest Toyota Camry , FMBN ex-MD ordered to refund his salary, submit FMBN accounts over infractions$