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Finance Bill

31 Jan 2020
The Association of Licensed Telecommunications Operators of Nigeria (ALTONS) said it will start implementing the country's new 7.5% Value Added Tax (VAT) increase from Saturday, February 1 2020. "Further to the assent of the Finance Bill by President Muhammadu Buhari...which reviewed the Value Added Tax (VAT) from 5% to 7.5%, ALTONS wishes to notify consumers…
20 Jan 2020
The presidency had made pubic the breakdown of Finance Bill, 2019, which was submitted to the National Assembly by President Muhammadu Buhari alongside the 2020 Appropriation Bill, and signed
14 Jan 2020
Some experts have identified a lack of infrastructure and enabling environment; transparency and accountability; and effective utilisation of public funds, as the major challenge that will beset the expected gains of the Finance Bill signed into law by President Muhammadu Buhari.
13 Jan 2020
Nigeria President Muhammadu Buhari on Monday signed the finance bill into law. "I am pleased to announce that this morning I signed into Law the Finance Bill, 2019," Buhari said in a tweet. Buhari said the finance bill was "specially designed to support its implementation and to create a truly enabling environment for business and…
27 Dec 2019
Chairman, Senate Committee on Finance, Sen Olamilekan Adeola on Thursday said the plan by the Federal Government to borrow about 30 billion dollars was a necessary step to catalyse development.
23 Dec 2019
It is gladdening to note that for the first time in many years, the country’s National Assembly has passed the Federal Government budget before the New Year
22 Nov 2019
State governors yesterday expressed support for the Finance Bill, which seeks to increase Value Added Tax (VAT) from five per cent to 7.5 per cent. Vice-chairman of the Nigerian Governors Forum (NGF) and Sokoto State Governor Aminu Tambuwal disclosed this at the NGF monthly meeting in Abuja.
22 Nov 2019
Nigeria's Senate on Thursday passed the Finance Bill after it scaled through the third reading on the floor of the Senate.

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1 day ago
Gov. Babagana Zulum of Borno has announced that some associates of key presidential aspirants of All Progressives Congress (APC) have offered him Vice President slot.
1 day ago
The Nigeria Customs Service (NCS) Lagos Industrial Command on Thursday gave companies not yet registered for payment of excise duty under its command 14-days to comply or face sanctions.
1 day ago
Lagos State Governor, Mr Babajide Sanwo-Olu, has won the All Progressives Congress governorship ticket to run in the 2023 election. At the end of the primary election spearheaded by the Electoral Committee Chairman, Mr Adamu Shettima Yuguda, Sanwo-Olu scored 1170 votes though he was unopposed as the two other candidates who bought forms were not…
1 day ago
The Federal High Court, Abuja, on Thursday, stopped the Independent National Electoral Commission (INEC) from recognizing or accepting ad hoc delegates produced by Gov. Godwin Obaseki’s faction of the People’s Democratic Party (PDP) in Edo.
1 day ago
Hollywood actor Kevin Spacey is facing sexual assault charges in the UK, police and prosecutors said on Thursday, after a review of allegations against him. The two-time Oscar winner for "The Usual Suspects" and "American Beauty" was artistic director of The Old Vic theatre in London between 2004 and 2015. Allegations against him first emerged…