LIRS: 98% of Workers’ll Pay Less or Zero Tax Under New Regime
LIRS: 98% of Workers’ll Pay Less or Zero Tax Under New Regime The Lagos State Internal Revenue Service (LIRS), has said that under Nigeria’s new tax regime, only 1.6 per cent of Lagos taxpayers will face higher tax bills, while about 98 per cent... Read More →
Naira slips across FX markets on supply constraints
Naira slips across FX markets on supply constraints The naira closed the week on a weaker note across both official and parallel market segments, with analysts pointing to supply constraints and demand pressures in the foreign exchange market. At the... Read More →
Equities decline as NGX sheds N394bn in weekly trading
Equities decline as NGX sheds N394bn in weekly trading The Nigerian equities market experienced a sharp pullback last week as investors engaged in profit-taking, causing the Nigerian Exchange Limited to lose N394bn in market capitalisation. Market activity slowed compared with... Read More →
New tax law tackles double taxation – NRS
New tax law tackles double taxation – NRS The Federal Government has outlined fresh measures to curb double taxation, expand the tax net, and strengthen compliance under Nigeria’s new tax laws, according to a Frequently Asked Questions report obtained by... Read More →