Search Results for "tax"
208 results found
NRS, JRB issue guidelines on virtual asset P2P marketplace

…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…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
Tax revenue hits N27tn after 113% surge - Report

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…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
World Cup final: Real reasons we lost 1-0 to Spain - Argentina's Tagliafico

…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…

Sports by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
US court orders halt to Trump ballroom construction

…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…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
Uproar as politician joins city council meeting from bathroom with underwear drying

…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

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 31 views
Transfer: Bruno Guimarães faces battle to take preferred shirt number at Arsenal

…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.…

Sports by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
50 of the most ugly characters from cartoons, movies and shows

…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…

Entertainment by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Presidency reacts as NGX-listed Nigerian firms record N14.40tn revenue

…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…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 27 views
Actor Brad Pitt asks court to order ex-wife Angelina Jolie to turn over financial records

…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…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 28 views
See more as hope rises for Nigerians on lower petrol prices

…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…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Ex-NIPOST boss urges FG to link NINs with verified addresses

…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…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Still on Oshiomhole’s spat with Minister of Works

…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…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Senate panel approves Trump's ex-lawyer as US attorney general

…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…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
How and where to buy US Open 2026 tickets and what they cost for each seat category

…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…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
(EXPLAINER) New crypto tax: Who pays, how much, what's exempt, penalties

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…

Investment by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
Beyond the ballot: Why Nigeria must reform its institutions, by Dakuku Peterside

…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…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
US explains 5 reasons citizens could lose their nationality

…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…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
DMO offers FGN 2yr, 3yr savings bonds for August

…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.”…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 26 views
NRS releases guidelines on virtual assets taxation

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…

Investment by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Tax Ombud and professionals: The debate on transparent tax administration

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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 22 views
No N7.98tn oil windfall, Presidency faults Atiku's criticism

…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…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
Sweden tightens citizenship process, introduces 4 major conditions for applicants

…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…

world-news by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Kano govt suspends 10% statutory tax payment for private schools

…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…

General News by nigerianewsfeed · 2 mons ago · 0 comments · 25 views
Atiku Slams Tinubu’s Economic Claims: 'Nigerians Deserve Honesty'

…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…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
Probe alleged ₦6.79bn police funds scandal, recover missing firearms’, SERAP tells Tinubu

…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…

General News by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
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