…the Joint Revenue Board (JRB) have issued comprehensive guidelines on the regulation and taxation of virtual asset peer-to-peer (P2P) marketplaces, ending years of regulatory ambiguity for Nigeria’s cryptocurrency sector. On August 3, the NRS released the Guidelines on […] The post NRS, JRB issue guidelines on virtual…
Nigeria’s tax collections have surged by 113 per cent in less than three years, rising from N12.3tn in 2023 to N27.1tn as of July 2026, the Nigeria Revenue Service has said. The revenue authority attributed the sharp increase to the digitisation of the tax system, the enactment of four new tax reform laws, the transfor…
…displays, but with sheer heart. Enduring each match in that manner is incredibly taxing.” Despite the Albiceleste failing to register a shot on Spain’s goal, goalkeeper Emiliano Martinez’s remarkable performance, which included a record 12 saves, nearly kept his team in contention, even after Enzo Fernandez received a…
…ballroom will be privately financed, but media reports in June showed that significant taxpayer funds were going to the project, which could cost as much as $600 million. While the White House initially cited a $200 million price tag for the project, it quickly doubled the estimate to $400 million. The ballroom is just…
…under a YouTube livestream of the meeting. "What a freaking comedy show paid for by the taxpayer," another user said. by Linda Ikeji at 07/08/2026 10:39 AM | Share this Story
…is keen to wear the number 39 in honor of his father. The number symbolizes the taxi his father drove in the city of Rio de Janeiro, which bore the number 039. However, Arsenal youngster Levi Copple currently wears the number 39 shirt. Guimarães may have to negotiate with Copple, if he wants to maintain this tradition.…
…Leprechaun28. Vladimir Harkonnen29. Davros30. Emperor Palpatine31. Darth Vader32. Zombie Taxi Driver33. Count Orlok34. Immortan Joe35. Lord Voldemort36. PenguinUgly characters in the cartoons1. Quasimodo2. Shrek3. Ursula4. John Herbert5. Squidward Tentacles6. Sideshow Bob7. Mr Mackey8. Hades9. Kermit the Frog10. Yoda11…
…Seplat Energy, Aradel Holdings, BUA Cement and others, recorded a combined profit after tax of N4.99 trillion in the first quarter of 2026. Reacting, the presidency said the strong financial performance recorded by many companies listed on the Nigerian Exchange in the first half of 2026 was attributable to several key…
…her production to 2020 and 2021, and later produced profit participation statements and tax returns for those two years only as well.' They are now seeking to produce documents showing her annual income and profit participation statements from 2017 to 2019. 'Prior to the IDC [Informal Discovery Conference], Plaintiffs…
…stock.Beyond inventory costs, the naira's performance, transportation logistics, and taxes will continue to shape the final price Nigerians pay at filling stations, regardless of where crude trades internationally.For Nigeria's government, cheaper crude carries its own risks. Lower oil prices typically shrink export ea…
…Adegbuyi argued that verified location data could improve policing, emergency response, tax administration, social investment programmes and logistics by allowing government agencies to accurately identify people, businesses and infrastructure. He also linked the proposal to local government administration, saying coun…
…federal allocation. It is Mr President’s good will that he directed that they should use tax credit to deal with part of this section. Otherwise, all the budgets over the past three years, in spite of the first motion under your leadership that was moved to draw his attention, the federal minister of works has failed d…
…over a $1.8 billion fund for alleged victims of politically motivated prosecution and a tax audit immunity deal with the Republican president. Blanche issued a written order over the weekend scrapping the so-called “anti-weaponization fund” and said the audit immunity agreement with Trump, his two eldest sons and the T…
…category and tournament stage. Prices are subject to change based on demand and exclude taxes, fees and resale mark-ups.Ticket category/SessionStarting priceGrounds AdmissionFrom $65Arthur Ashe Stadium (early-round day session)From $43Louis Armstrong StadiumFrom $139GrandstandFrom $180Arthur Ashe Stadium – Quarter-fina…
Who is affected? Crypto/virtual asset taxes apply to virtually everyone involved in virtual asset transactions. This includes individuals and companies that buy, sell or exchange cryptocurrencies and other digital assets, earn income in crypto, or provide services related to virtual assets. In practical terms, the rule…
…public trust is the decisive test. Citizens accept state authority, obey laws, and pay taxes in exchange for security, justice, opportunity, and services. When institutions repeatedly fail, confidence erodes. Trust cannot be manufactured through slogans. It is accumulated through encounters with institutions that act f…
…they may still have certain obligations or entitlements, including possible US tax responsibilities or eligibility for Social Security benefits, depending on their circumstances.The government also warned that individuals who give up US citizenship must obtain another nationality or risk becoming stateless. They may al…
…Investment Act. “Qualifies as Government securities within the meaning of Company Income Tax Act, (“CITA”) and Personal Income Tax Act, (“PITA”) for Tax Exemption for Pension, Funds, amongst other investors.“ Listed on The Nigerian Stock Exchange. “Qualifies as a liquid asset for liquidity ratio calculation for banks.”…
The Nigeria Revenue Service has issued comprehensive guidelines on the taxation of virtual assets, providing a regulatory framework for the taxation of cryptocurrency and other digital asset transactions in line with the Nigeria Tax Act, 2025, and the Nigeria Tax Administration Act, 2025. The new guidelines are aimed a…
As Nigeria advances tax reforms, stakeholders are advocating an independent Tax Ombud, stronger professional collaboration and greater institutional transparency to foster taxpayer confidence, improve compliance and strengthen revenue administration. CHIMA NWOKOJI in this report examines various shades of opinions in t…
…borrowing, imposing hardship through the removal of fuel subsidy, and implementing tax policies he described as punitive. Atiku also questioned what he termed an unaccounted oil revenue windfall and warned that the country’s economy was drifting. Responding, Onanuga accused the presidential candidate of the African Dem…
…Agency set the income threshold at roughly SEK 20,000 (N2.8 million) per month before tax, equivalent to at least three income base amounts annually. Income from a partner, personal savings, or unstable temporary jobs does not count towards this threshold. Those receiving old-age pensions, people with permanent disabil…
…educational institutions in the state to suspend payment of the statutory 10 per cent tax for the First Term of the 2026/2027 academic session pending the issuance of fresh assessment notices. The directive was contained in a circular signed by the Board’s Director of Special Duties, Mustapha Badawi Yahya, on behalf of…
…made by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, saying the claims do not hold up against publicly available data.In a statement released on Sunday, August 2, by his senior special Assistant on public communication, Phrank Shaibu, Atiku took aim at several key arguments Oy…
…Centre Kudan, Kaduna State. But the project was not executed.’” “The Section ‘inserted taxes of over ₦4 million [₦4,011,627.89] to inflate a contract. The money should not have been paid to the contractor.’” “The Section ‘paid over ₦1 billion [₦1,938,299,452.00] for fourteen contracts in 2022 as ongoing projects. But t…