SEC to clamp down on illegal capital market operators

SEC to clamp down on illegal capital market operators

The Securities and Exchange Commission, SEC, on Friday vowed to clamp down on illegal capital market operators, especially operators of Ponzi Schemes.

Coy Income Tax increases by N472.07 billion in Q2 – NBS

Coy Income Tax increases by N472.07 billion in Q2 – NBS

The National Bureau of Statistics (NBS) says N472.07 billion was generated as Company Income Tax (CIT) in Quarter Two (Q2, 2021) as against N392.64 billion generated in Q1.

NNPC revenue increases by 17.73% in April- Report

NNPC revenue increases by 17.73% in April- Report

The Nigeria National Petroleum Corporation (NNPC) says its group operating revenue in April increased by 17.73 per cent amounting to N535.61 billion.

VAT increased by N15.86bn in Q2 - NBS

VAT increased by N15.86bn in Q2 - NBS

Nigeria recorded an increase of N15.86 billion Value Added Tax, VAT, revenue from N496.39 billion generated in quarter one (Q1, 2021) to N512.25 billion in Q2.

OGIRS reduces direct assessment on stamp duty

OGIRS reduces direct assessment on stamp duty

The Ogun State Internal Revenue Service (OGIRS) has reduced the direct assessment tax payable on stamp duty from 17 to 12 percent, in order to encourage taxpayers and boost revenue generation.

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