Browsing Tag

Tax

Wema records 196% profit before tax

TheNigerian Apr 10, 2024 0

Wema Bank has recorded a profit before tax growth of 196 per cent from N14.75bn to N43.59 billion in its full Year 2023 Audited financial statement. The bank also proposed a dividend…
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News

2023 FY: GTCO Post Profit Before Tax of N609.3billion

TheNigerian Apr 9, 2024 0

Guaranty Trust Holding Company Plc (GTCO) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2023, to the Nigerian Exchange Group…
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News

BREAKING: Court adjourns Binance tax evasion case till April 19

TheNigerian Apr 4, 2024 0

A Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its executives. The Federal Inland Revenue Service had…
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News

Dangote, 106 others get tax holiday over N2.5tn investments

TheNigerian Apr 1, 2024 0

About 107 companies including Dangote and Mikano International are currently enjoying tax exemption from the Federal Government despite its insistence to…
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News

Failure to file annual tax return, criminal offence – LIRS director

TheNigerian Mar 26, 2024 0

The Director of Legal Services of the Lagos State Internal Revenue Service, Mr Seyi Alade, speaks on the legal implications of non-compliance with the filing of…
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News

FG files tax evasion charges against Binance

TheNigerian Mar 25, 2024 0

The Federal Government on Monday initiated proceedings against Binance, a prominent cryptocurrency exchange platform over tax evasion. The charges were filed at…
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News

Despite resistance, black tax still a burden for income earners

TheNigerian Mar 24, 2024 0

In Africa, a popular saying on family life and child upbringing that has transcended ages is that it takes a community to raise a child. Put differently, ‘a…
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News

Black Tax In Times Of Austerity

TheNigerian Mar 23, 2024 0

A rural farmer once visited his banker brother in the city. The man had heard about his younger brother’s new house and wanted to see it for himself. He also had another agenda. With…
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Business & Economy

Tax, Import Duty Provisions in Fiscal Policy Measures in 2023 Will Harm Economy

Coic Chibueze May 4, 2023 0

According to the Centre for the Promotion of Private Enterprise (CPPE), some tax and import duty provisions in the federal government's 2023 Fiscal Policy measures would significantly…
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