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June 26, 2019

ICAN accredits Mapoly’s Accountancy programme for another 3 years

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The Institute of Chartered Accountants of Nigeria has again accredited the Accounting/ Accountancy programme of Moshood Abiola Polytechnic, Abeokuta (MAPOLY). ICAN certificate dated 10th May, 2019 which was presented to the Rector of the Polytechnic, Dr. Samson Adeola Odedina, certified that MAPOLY has fulfilled all the requirements by the Institute for the accreditation of Accounting …

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Five Ways To Get Better Tax Credit For Your Organization

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Tax credits are much welcome, and often invaluable additions to any organization’s finances. A tax credit is the amount of money that taxpayers can subtract from their taxes. They differ from tax deductions and exemptions in that while they reduce the amount of your organization’s taxable income, tax credits reduce the actual amount that you …

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TAX: NECA, NACCIMA, LCCI fume as Buhari asks govs to raise IGR

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President Muhammadu Buhari on Thursday asked the governors of the 36 states to raise their internally generated revenues and the Value Added Tax in the next four years. The President said this was to help the states to meet the challenges of providing infrastructure and the funding needed to provide equipment for fighting insecurity. However, …

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Ebonyi seals building materials’ market over unpaid tax

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The Ebonyi State Government has ordered the sealing off of the popular building materials’ market, on Afikpo Road, Abakaliki, the state capital. The order to seal off the market, which was given by Governor David Umahi, followed the refusal of the traders to pay income tax. Umahi, who directed the Secretary to the State Government …

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Tax: FCMB Restates Commitment to Growth of Businesses

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In line with its commitment to deepen the capacity and growth of businesses in Nigeria, particularly Small and Medium Scale Enterprises (SMEs), First City Monument Bank (FCMB) will next week in Lagos, host a seminar on tax matters. The seminar, tagged, “Tax Enforcement and Implications on Businesses in Nigeria,” is aimed at equipping entrepreneurs with …

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