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Statutorily and administratively, the FIRS has the responsibility for the assessment, collection and accounting of taxes to the Government: [9] The timely provision and publication of accurate data and annual reports to the Federal Government of Nigeria and other stakeholders to inform national economic planning, academic research, tax policy and development legislation [10]
3 June – 2021 Kebbi massacre; 4 June – the Minister of Information and Culture announced that Twitter's operations in Nigeria would be "suspended" indefinitely, arguing that the company engages in activities that "are capable of undermining Nigeria's corporate existence. [33] [31] [34]
Nigerian States by Estimated GDP, 2021 Nigerian States by GDP, 2010. The following table presents a listing of Nigeria's 36 states ranked in order of their estimated total GDP in 2021 according to a 2022 report by BudgIT. [1]
A Nigerian court on Friday adjourned a tax evasion trial against cryptocurrency exchange Binance and two of its executives to May 17 after the matter was stalled because the exchange has not been ...
US $300 million (£230 million) seized from former president Sani Abacha's laundered accounts will be returned to Nigeria. [9] Senate approves budget for customs. [10] 7 February – American rapper Lil Wayne says, "I'm more Nigerian than American." [11] 9 February – At least 30 people killed in Auno, Borno State, apparently by Boko Haram. [12]
Status: Current legislation The Companies and Allied Matters Act, 2020 ( CAMA 2020 ) is a Nigerian federal legislation that governs the establishment and management of companies in Nigeria. [ 1 ] It supersedes and replaces the Companies and Allied Matters Act, 2004, which was itself an update of the Companies Act of 1968.
Nigeria's inflation rate rose to 15.63 per cent in December 2021 compared to 15.40 per cent in November, the National Bureau of Statistics announced on January 17, 2022. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by 15.63 per cent in December 2021 when compared to December 2020.
The National Examination Council announced an indefinite postponement of the 2020 common entrance examination into 104 Unity schools in Nigeria, which was supposed to hold on 28 March. [64] Enugu State government banned all social and political gatherings in the state. [65] Actors Guild of Nigeria banned movie sets across Nigeria. [66]