Dangote Group paid N402 billion in taxes for 2024, retains position as Nigeria’s highest taxpayer
The Dangote Industries Limited (Dangote Group) has disclosed that it paid over N402 billion in taxes in 2024, reaffirming its ...
Tag: taxes
Top 10 states with the highest Internally Generated Revenue in 2023
The 36 states and the FCT collectively generated N2.43 trillion in Internally Generated Revenue (IGR) in 2023, reflecting a 26.03% ...
Nigeria received highest payment from Shell to governments in 2023 at $4.92 billion
In 2023, Nigeria was the top recipient of payments from Shell, receiving approximately $4.92 billion. This amount, the highest paid ...
No dividends, no taxes as beer makers post a combined pre-tax loss of N266.6 billion in 2023
Nigeria's top brewers reported a combined staggering loss before tax of N266.6 billion in the calendar year of 2023, marking ...
Nigeria’s VAT increases by 1.75% in Q1 2023, as manufacturing sector dominates contributions
Nigeria's Value Added Tax (VAT) recorded a quarter-on-quarter increase of 1.75%, rising from N697.38 billion in Q4 2022 to N709.59 ...
Revenue Generation: VAT grows by 56% YoY, rises to N512.23 billion
The Nigerian government generated a sum of N512.23 billion as Value Added Tax (VAT) in the second quarter of the ...
Customs says only items imported by the President is exempted from duties, taxes
The Nigeria Customs Service (NCS) has said that only the items imported by the President and Commander in Chief of ...
Nigeria generates N392.8 billion from company income taxes in Q1 2021
Nigeria's company income tax revenue increased by 32.84% year-on-year in Q1 2021.
FIRS to commence recovery of all outstanding tax debts and penalties from January 1, 2021
The FIRS has stated that it shall recover all outstanding debt with penalties and interest from January 1, 2021.
CWG Plc profits in 9M 2020 hit N463.5 million
Profit for the period increased to N463.5 million as of September 2020, from N22.6million recorded in the corresponding period last ...
