January 7, 2020

Pantami disagrees with Finance Minister over stamp duty collection

The arguments surrounding the Federal Government agency that warehouse proceeds of stamp duty in Nigeria has taken another dimension. Following the recent protest of workers in Nigerian Postal Service (NIPOST) over who collect the duty, Minister of Communication and Digital Economy, Isa Ibrahim Pantami, has thrown his weight behind NIPOST workers. He faulted the decision of the […]

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Firms with less than N25m turnover will no longer pay company tax- FG

The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax. Currently, all companies are expected to pay the Federal Government 30 per cent of their profit as Companies Income Tax. However, the Minister of Finance, Budget and National Planning, Zainab

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