The Federal Government yesterday issued a directive to all Ministries, Departments and Agencies (MDAs) to verify all Tax Clearance Certificates

Nigeria’s debt stock and service bill will receive a notch up as the fourth straight budget deficit plan of about N1.95 trillion in the 2018 fiscal appropriation awaits President Muhammadu Buhari’s assent.The appropriation bill of N9.2 trillion will be signed into law tomorrow.

The Federal Executive Council (FEC) yesterday approved the review of the country’s tax law system to exempt the charges of Value Added Taxes (VAT) on some goods and services.FEC had on February 1, 2017, approved the revised National Tax Policy...

The new excise duty for alcoholic beverages and tobacco earlier approved by President Muhammadu Buhari will take effect from Monday, June 4, 2018, says the Federal Government.

For a very long time in the President Muhammadu Buhari administration, the monthly federal allocation for the month of May reached N700 billion. Thanks to the resurging international price of crude oil, Nigeria’s near sole earner of foreign exchange, as well as relative peace in the oil-rich area that allowed steady production. But this means…

The Federation Account Allocation Committee (FAAC) has approved the sharing of N701.022 billion among Federal Government and states as revenue generated in the month of April 2018, representing an all-high level of revenue distributed in more than two years by FAAC.

Stakeholders in the manufacturing sector have called on the Federal Government to reverse the proposed upward review of the excise duty rates on alcoholic beverages and tobacco from June 4, 2018.They submitted that it was with deep regret that this is happening at a time manufacturers in the industry...

The National Economic Council (NEC) has directed the Nigerian National Petroleum Corporation (NNPC) and other agencies in the country to refund unremitted revenues in the sum of N8trillion (about $21billion) and another...

The recent IMF/World Bank Spring Meetings must have been a much more pleasant experience for the team led by the Minister of Finance, Kemi Adeosun and consisting of the Central Bank of Nigeria Governor...

At the 2018 Spring Meetings of the IMF/World Bank Group, Finance Minister Kemi Adeosun repeated the quest for external loans, which was first made at the 2017 Spring Meetings.

Minister of Finance, Mrs. Kemi Adeosun, has revealed that the federal government has so far recovered about N13.9billion from tax evaders through the assistance of volunteers who provided tips on evading tax companies in the country.

The Minister of Finance, Mrs. Kemi Adeosun, has disclosed that the Federal Government would mobilise more revenues to drive its growth plan for the economy.The Minister made this known in Abuja at a meeting with a World Bank Mission of 10 Executive Directors led by Patrizio Pagano...