Taxation in Nigeria is enforced by the Federal, State, and Local Governments. The Corporate Affairs Commission regulates the registration of businesses.
Child Allowance – A relief of N2,500 is granted for each child up to a maximum of four children, provided that none is above 16 yrs or married. However, a relief can be granted for a child over 16 yrs if he is in a recognised school, under articleship... read more
Under current Nigerian law, taxation is enforced by the 3 tiers of Government, i.e. Federal, State, and Local Government with each having its sphere clearly spelt out in the Taxes and Levies (approved list for Collection) Decree, 1998. Of importance... read more
Child Allowance – A relief of N2,500 is granted for each child up to a maximum of four children, provided that none is above 16 yrs or married. However, a relief can be granted for a child over 16 yrs if he is in a recognised school, under articleship... read more
“Taxpayers should be wary of scams and promises to avoid paying taxes that seem too good to be true,” Acting IRS Commissioner Linda Stiff said. “There is no secret formula that can eliminate a person’s tax obligations. People should be wary of anyone... read more
1. Telephone Excise Tax Refund Abuses: Early filings show some individual taxpayers have requested large and apparently improper amounts for the special telephone tax refund. In some cases, taxpayers appear to be requesting a refund of the entire amount... read more
The first Companies Ordinance was introduced in Southern Nigeria - Lagos in 1912. This was then ammended in 1917 to cover the whole country (Companies Amendment and Extension Act of 1917). Both acts were then repealed and replaced in 1922 by the Companies... read more
Chamber of Commerce (unless limited by guarantee), Federal , National, Regional, State, Government, Group, Holding, Co-operative, Building Society, Municipal, Chartered or any other word which in the opinion of the commision suggests or is calculated... read more
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither NGEX nor any other independent provider is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein
