Tag: VAT

FIRS grows tax collection to N47.39tn amid sweeping tax reforms and digital innovation

Business Damilola Bayonle -
The Federal Inland Revenue Service (FIRS) has grown Nigeria’s total tax collection to an unprecedented N47.39 trillion between October...

Reps take bold step to end multiple taxation in Nigeria, boost business confidence

Business Damilola Bayonle -
In a renewed push to enhance fiscal clarity and end overlapping tax regimes, the House of Representatives has commenced...

Nigerians to pay more for ChatGPT as OpenAI implements 7.5% VAT

Business Damilola Bayonle -
Nigerian users of OpenAI’s popular chatbot, ChatGPT, are set to experience a price hike beginning November 1, 2025, as...