Posts Tagged ‘Tax’
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EFCC Summons ex-FIRS Chairman, Babatunde Fowler Over N100 Billion Tax Fraud Allegation

The Economic and Financial Crime Commission, (EFCC) invited recently Babatunde Fowler, the former chairman of the Federal Inland Revenue Service, (FIRS), over the N100 billion tax evasion allegations against Alpha Beta Consulting, a tax company. Dapo Apara, former Managing Director and Chief Executive Officer of Alpha Beta Consultancy, accused the company of tax evasion at […]

Stamp Duties Act: A Breakdown Of New Tenancy Policy By FIRS

Confusion has arisen among many Nigerians, as the Federal Inland Revenue Service (FIRS), as part of measures to reduce disputes in real estate related transactions and generate more revenue, has announced that stamp duty will be paid on house rent and Certificate of Occupancy (C of O), in line with its new adhesive duty. However, […]

Regime must tax rich Nigerians mercilessly ~ Aregbesola

The Minister of Interior, Rauf Aregbesola has called for increased taxation of rich Nigerians. Aregbesola, who was a former governor of Osun State said rich Nigerians need to be mercilessly taxed. He spoke at an event to celebrate the 70th birthday of former Governor of Oyo State Abiola Ajimobi in Ibadan, the state capital. According […]

Nigerians will be Charged For Bank Deposits In 2020 ~ Apex Bank

Starting from September 18, 2019, Nigerians operating bank accounts will begin to pay charges for deposits and withdrawals. Making the announcement on Tuesday, the Central Bank of Nigeria said that the nationwide implementation of the cashless policy will begin by March 2020. The apex bank said that implementation of the policy would signal the imposition […]

Nigerians will be Charged For Bank Deposits In 2020 ~ Apex Bank

Starting from September 18, 2019, Nigerians operating bank accounts will begin to pay charges for deposits and withdrawals. Making the announcement on Tuesday, the Central Bank of Nigeria said that the nationwide implementation of the cashless policy will begin by March 2020. The apex bank said that implementation of the policy would signal the imposition […]

Nigerians will be Charged For Bank Deposits In 2020 ~ Apex Bank

Starting from September 18, 2019, Nigerians operating bank accounts will begin to pay charges for deposits and withdrawals. Making the announcement on Tuesday, the Central Bank of Nigeria said that the nationwide implementation of the cashless policy will begin by March 2020. The apex bank said that implementation of the policy would signal the imposition […]