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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]
A value-added tax identification number or VAT identification number (VATIN [1]) is an identifier used in many countries, including the countries of the European Union, for value-added tax purposes. In the EU, a VAT identification number can be verified online at the EU's official VIES [2] website. It confirms that the number is currently ...
Zainab Shamsuna Ahmed CON ((Listen ⓘ); born 16 June 1960) is a Nigerian accountant [1] and politician who served as the minister of Finance, Budget and National Planning of Nigeria [2] [3] from 2019 to 2023. She previously served as the minister of finance from 2018 to 2019, and as the minister of State for Budget and National Planning from ...
An Act to repeal the Companies and Allied Matters Act, Cap. C20, Laws of the Federation of Nigeria, 2004 and enact the Companies and Allied Matters Act, 2020 to provide for the incorporation of companies, limited liability partnerships, limited partnerships, registration of business names together with incorporation of trustees of certain communities, bodies, associations; and for related matters
A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax .
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LECON Financial Services, formerly Leasing Company of Nigeria Limited, was established as a wholly owned subsidiary of Bank of Industry Limited (BOI), formerly Nigerian Industrial Development Bank Limited, (NIDB) in 1989. It was set up to augment the activities of BOI by providing ancillary facilities to loan beneficiaries of the bank. [27]