Search Results for "tax"
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Filmmaker Niyi Akinmolayan questions those who blamed filmmakers when Prime and Netflix left Nigeria as Uber also leaves

…and blamed for Prime and Netflix's exit. He then asked if Nigerians would now blame taxi drivers for the exit of Uber. He wrote: "That thing you people did to filmmakers when Prime left and netflfix cut investment, are you now going to blame drivers for Uber leaving?" by Linda Ikeji at 03/09/2026 1:04 PM | Share this S…

Entertainment by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Uber exit: Drivers, Nigerians react as e-hailing giant quits Nigeria’s $450m market

…Nigeria. A good opportunity for our local startups to take over the business. Even our taxi unions can create an app and become our Uber. It’s not rocket science,” he stated on X. Similarly, Dr Yakubu Sani Wudil said: “Uber has left Nigeria. “The drivers are still here. “The cars are still here. “The passengers are sti…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
FG: Revenue growth crucial to Nigeria's investment upgrade

…including the removal of the fuel subsidy, foreign exchange reforms and changes to the tax system. According to him, the measures were strengthening the economy through improvements in external reserves, a more resilient external position, moderating inflation and stronger monetary policy transmission. The Finance Mini…

Investment by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
High aviation charges, taxes driving up cost of flights — Olawuyi

…Adedayo Olawuyi, has urged the Federal Government to reduce aviation charges and taxes as an intervention to make air travel more affordable. Speaking as a panelist at the AeroWest conference held in Lagos on Wednesday, with the topic, “The Real Cost of Running Aviation Business: Fixing Connectivity, Affordability, FX,…

Travel by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
C'River residents, motorists accuse police of extortion, command denies allegations

…that officers block the road every evening and collect between N200, N500 and more from taxi and commercial bus drivers plying the highway to the popular Watt Market. Some of the drivers, who spoke on condition of anonymity, said the collection had become a daily routine, especially during peak hours when commuters tro…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
UK-based Nigerian, Kola jailed after falling asleep at wheel, killing man

A Nigerian-British taxi driver, Kolawole Erunkulu has been jailed for six years after falling asleep at the wheel and causing a crash that killed a 59-year-old man in Surrey, UK. Surrey Police said Erunkulu of Bexleyheath, pleaded guilty to causing death by dangerous driving after his Audi crossed into a roadside layby…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
Nigerian Uber driver jailed for k!lling another motorist in the UK after falling asleep while driving

…jailed for k!lling another motorist in the UK after falling asleep while driving A taxi driver who killed a man on the A23 in Surrey after driving for prolonged periods has been jailed for six years.Kolawole Erunkulu fell asleep at the wheel shortly before 6.30am on Sunday, 17 August, causing his Audi to swerve across…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 19 views
How cooking gas prices crashed 39 per cent across Nigeria

…Nigerian households,” Falade said.The NLNG chief also called for action on the multiple taxes, levies and regulatory charges imposed by different government agencies and levels of government.According to him, these charges increase operating costs, create uncertainty for businesses and could discourage fresh investment…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
PZ Cussons Nigeria PAT soars 349% to N45.2bn

PZ Cussons Nigeria Plc has reported a 349 percent surge in profit after tax (PAT) to N45.2 billion for the financial year ended May 31, 2026, driven by stronger operating performance, foreign exchange gains and asset disposals. The company, in its audited results released to the Nigerian Exchange Limited (NGX), also pr…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
Osun Auditor-General seeks stricter overhead controls for MDAs

…State in 2025, comprising Federation Account Allocation Committee receipts, Value Added Tax, Internally Generated Revenue, capital receipts and development partners’ funds, stood at N363,628,291,927.66.” He added that total expenditure for the year, comprising personnel, overhead, other recurrent and capital expenditur…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
How EFCC secured 10,872 convictions, N1.23tr recoveries in 34 months — Olukoyede

…institutions. The commission also recovered about N288.1 billion in federal and state taxes, comprising N173.2 billion for the Federal Government and N114.9 billion for state internal revenue services. Another N257.2 billion was recovered for federal ministries, departments and agencies. Recovered loot funds education,…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
Petrol price rises 9% to N1,310/litre despite falling crude oil prices – Report

…rates, freight and marine logistics, storage and depot charges, financing costs, taxes and competition among suppliers. The development also comes as Nigeria’s domestic refining industry continues to expand, with locally refined products increasingly competing with imported petroleum products. At the international leve…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
Liverpool legend Jamie Carragher faces being declared bankrupt over unpaid tax claim

Liverpool legend Jamie Carragher faces being declared bankrupt over unpaid tax claim Former Liverpool and England player turned pundit, Jamie Carragher, faces being declared bankrupt over an unpaid tax bill Solicitors acting for HMRC are said to have filed the case against the former Liverpool and England defender at t…

Sports by nigerianewsfeed · 1 mon ago · 0 comments · 27 views
FAAN clears Bolt to resume operations at aiports; says it's in talks with other e-hailing rides

…or other mobility platforms. The authority also addressed public criticism over airport taxi fares, saying rates cited in recent public discussion were not newly imposed by FAAN or created by its management system, and were not substantially different from fares that existed previously. It said the system had simply ma…

Travel by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
2027 politics: Atiku-Tinubu faceoff widens over subsidy, $16bn power projects

…government revenues have increased, while fiscal incentives, waivers, tax credits and concessions continue to be available to powerful economic interests. So, our question remains brutally simple: where is the people’s money?” Atiku argued that the government could not justify removing a major form of relief from Niger…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
Tourist reveals exorbitant price charged for a ride at airport after e-hailing cabs were temporarily banned at Lagos and Abuja airports (video)

…among the parties. This was reportedly in an effort to streamline the operations of taxis at the Abuja, Lagos and other airports under its management. However, FAAN said it has not banned e-hailing services from operating at the nation's airports. FAAN, in a statement on Thursday, August 20, said its position was not i…

Travel by nigerianewsfeed · 1 mon ago · 0 comments · 27 views
Governors spend N512bn on travels, offices

…therefore, is not simply how much governors earn as salaries, but how much it costs taxpayers to maintain the offices they occupy.

General News by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
Oyebanji reappoints retired Ekiti Accountant-General

…Chartered Accountants of Nigeria and an Associate member of the Chartered Institute of Taxation of Nigeria, Mrs Olayinka holds a Bachelor’s degree in Accounting and a Master of Business Administration. She has extensive experience in the private sector, public sector and international development. “She is widely credit…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
Atiku accuses Tinubu of favouring oil companies with tax incentives amid rising petrol prices 

Former Vice-President Atiku Abubakar has accused the Federal Government of giving tax incentives and other benefits to oil companies while Nigerians continue to struggle with high petrol prices and the rising cost of living. Atiku, the African Democratic Congress (ADC) presidential candidate, made the allegation in a s…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
FG's infrastructure spending hits N6.47tn, highways dominate

…at N460, it became one dollar at N1,004, N1,003, N1,005. The NRS, Petroleum Profit Tax that it collected before, same dollar, higher amount in naira. So, the savings showed up in the Federation accounts by way of higher revenue collections as a result of the reforms.” A further analysis of the documents showed that the…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
FAAC bonanza: Govs face questions as payouts hit N47tn

…petrol subsidy and changes to the foreign exchange regime, alongside efforts to improve tax collection and revenue remittances. Earlier analysis by the Nigeria Extractive Industries Transparency Initiative had attributed the increase in federation revenue in 2023 to improved remittances following the removal of the pet…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Osun election: Banditry in Nigeria affecting our democracy – Osita Okechukwu

…late delivery of court judgments, which often result in the loss of millions of Naira in taxpayers’ money. In the statement, Okechukwu noted that while one frowns at the killings and prays for the repose of the souls of those who lost their lives, the real lesson is that the banditry bedevilling Nigeria should be addre…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
FAAC trillions: Govs list projects, Nigerians await relief

…also ranked among the states with the highest receipts, largely due to Value Added Tax, internally generated revenue and oil derivation. Lagos received N344.06bn from VAT during the period. Adamawa, Gombe, Ekiti and Ebonyi were among the states with lower receipts during the period. The increase in revenue is a departu…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 26 views
Denmark lists six types of debt that can disqualify foreigners from permanent residence permit

…categories of debt appear on the government's conclusive list, covering everything from taxes to child support and day-care paymentsPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Denmark has drawn a clear line for foreigners hoping to settle permanently in the country, confirming that outstanding…

Investment by nigerianewsfeed · 1 mon ago · 0 comments · 28 views
See list of 10 consumer goods companies in Nigeria by revenue

…the continued demand for its products.Nigerian Breweries also recorded a profit after tax of N92.95 billion during the period, making it one of the most profitable companies in the sector.2. BUA Foods Plc — N765 billionBUA Foods ranked second with revenue of N765 billion in H1 2026, maintaining its position as one of N…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
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