Oludayo Adeniji, a partner with KPMG focusing on M&A transaction structuring, was the latest guest on Drinks and Mics Episode 20 where he opened up about...
The Federation Account Allocation Committee (FAAC) has announced the distribution of N1.123 trillion to various levels of government for March 2024 from various revenue sources, including statutory allocations, value added tax (VAT), and electronic money transfer levies (EMTL).
Nigeria has recorded a 45.02% increase in its Value Added Tax (VAT) collections, amassing a total of N3.64 trillion in 2023, according to data from the National Bureau of Statistics (NBS).
A new report from Ernst and Young estimates that 17 out of 24 banks might not meet the capital requirement from the CBN if it is increased 15-fold from its current N25 billion.
It is common knowledge that our tax system in Nigeria is heavily flawed. There is a plethora of...
