A 38-year-old Nigerian man, Onomen Uduebor, who was arrested and extradited from the United Kingdom to the United States of America on an indictment in the Western District of Washington was arraigned for wire fraud involving stolen tax information. Uduebor was arraigned on Friday, March 7, 2025, in U.S. District Court in Seattle, Acting U.S. […]

High tourist taxes did not stop 39-year-old Susanne Meier from visiting the Himalayan country of Bhutan twice. In fact, Bhutan boasts the world’s highest tourist tax, known as the “Sustainable Development Fee.” Tourists are charged $100 (€95) per person per day to visit — a steep price tag for most travelers. The tourism tax comes in

The Senator representing Plateau South Senatorial District of Plateau State who is also a member Senate Committee on Finance, Simon Bako Lalong has expressed optimism that Nigeria’s economy will experience a boost when the tax reform bills kick in. Senator Lalong who joined other members of the Committee at a retreat held at the Zuma

Uba Sani, governor of Kaduna, has introduced policies at the state scholarship and loans board to enable students from less-privileged backgrounds to obtain sponsorships with ease. Yahya Saleh Ibrahim, executive secretary of the board, announced the policies on Sunday while speaking to journalists. He said the governor has ordered the removal of tax clearance as

The Socio-Economic Rights and Accountability Project has called on Senate President Godswill Akpabio to immediately reverse the suspension of Senator Natasha Akpoti-Uduaghan. SERAP described it as “patently unlawful” and a violation of her right to freedom of expression. Natasha was suspended for six months last week following allegations of “speaking without permission” and refusing to

The Nigerian equity market faces continued pressure, with the NGX All Share Index dropping 0.5% in the previous session, nearing the key support level of 106,000 points. The market remains negative overall, as only 2 of the 19 sectors closed in the positive territory. Technology, commercial services, and tech services were the weakest performers, down

The Governor of Ekiti State has emphasized the importance of maintaining the certification standards set by the Institute of Chartered Accountants of Nigeria (ICAN). During a recent address, he highlighted the institute’s role in upholding the “credibility” and “high reputation” of the accountancy profession in Nigeria. Governor Biodun Oyebanji commended ICAN-certified accountants for their contribution

Federal Capital Territory Internal Revenue Service (FCT-IRS) has disclosed that it generated a sum of N43 billion as taxes collected in the month of January 2025. This disclosure was made by the FCT-IRS Acting Executive Chairman, Michael Ango during a roadshow in Abuja which was organized by the Service to sensitized members of the public

Speaker of House of Representatives Abbas Tajudeen says the house will thoroughly scrutinise the tax reform bills to ensure they align with interests of Nigerians. Mr Tajudeen stated this during a public hearing on the bills organised by the Special Committee on Tax Reform Bills on Wednesday in Abuja. The bills are the Nigeria Tax

A technical assistant on broadcast media to the executive chairman of the Federal Inland Revenue Service, Arabinrin Aderonke Atoyebi, has said that the tax reform bills undergoing legislative proceedings will transform businesses in Nigeria and better livelihoods if implemented effectively, it will ensure that the benefits of democracy reach everyone, not just a select few.