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Trump shields Big Tech from tariff war with exemptions
President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, representing a major reprieve for global technology manufacturers including Apple Inc. and Nvidia Corp. even if it proves a temporary one. The exclusions, published late…
Analysts hiss as FG celebrates N5.6 trn H1 tax income
Sopuruchi Onwuka Federal government recorded slight increment in tax revenues in the first half of the year despite the palpable depression in the economy associated with depreciation in the value of the Naira and jumps in inflation. The N5.6 trillion…
Drilling firms get court order to pay NCDF levy
Sopuruchi Onwuka The Federal High Court sitting in Yenagoa, Bayelsa State has ordered the drilling firms in the country to comply with regulatory directive requiring them to remit one percent of the value of contracts they executive in the country…
Chevron wins FIRS tax awards, denies blocking gas to NLNG
Local affiliates of Chevron Corporation in Nigeria, Chevron Nigeria Limited (CNL) and Star Deep Water Petroleum Limited (STAR), have both been honoured by the Federal Inland Revenue Service (FIRS) with top tax compliant organization awards. Corporate spokesman for Nigeria, Mr…
Lagos Employment Fund facilitates 275,051 jobs, businesses
Creates 68,000 tax payers, earns budget boost Sopuruchi Onwuka The Lagos State government through its employment creation agency has facilitated the creation and enhancement of 275,051 small businesses, new employment opportunities and existing jobs in the state. Chairperson of Lagos…
