Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the United States, consumption ...

The clarification was made in a public sensitisation video on the new tax laws that has been circulating online ...

With the new arrangement, all Nigerians who have been issued a NIN are now deemed to automatically possess a Tax ID and can be brought into the tax net, provided they earn income that is subject to ...

The Federal Inland Revenue Service (FIRS) has clarified that Nigerians’ NINs and companies’ CAC RC numbers will automatically ...

The National Identification Number issued by the National Identity Management Commission (NIMC) has now automatically become a Tax ID for Nigerians starting from January 2026, according to the Federal ...

The Federal Inland Revenue Service (FIRS) has declared that the National Identification Number issued by the National Identity Management Commission ...

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This transforms taxation from an ordeal into a routine administrative step. Digital analytics can also deliver targeted and ...

Bank will restrict transactions on accounts without a Tax Identification Number (TIN) or National Identity Number (NIN) starting January 1, 2026.

Citizenship and national identity challenges in Nigeria took the centre stage last week, at a national discourse organised by the National Peace Committee in collaboration with the European Union (EU) ...