MSMEs ‘ll thrive with tax exemptions under new reform bill – SMEDAN

By Lucy Ogalue The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says the proposed tax reform bill will significantly reduce financial burden and create a growth-enabling environment for small business owners. The Director-General of SMEDAN, Mr Charles Odii, said this at a stakeholder engagement on tax reforms organisedContinue Reading

KADIRS rakes N14.16bn IGR in 2 months

By Sani Idris-Abdulrahman The Kaduna State Internal Revenue Service (KADIRS), said it has collected N14.16 billion revenue between January and February 2025, while debunking claims of a decline in Internally Generated Revenue (IGR). The KADIRS Head of Corporate Communications, Zakari Muhammad, disclosed this in a statement issued to newsmen onContinue Reading

FCT-IRS seals 3 business premises over unpaid taxes

By Nana Musa The Federal Capital Territory Internal Revenue Services (FCT-IRS) on Friday, sealed the business premises of Phase3 Telecom and Cilantro Restaurant in Abuja, for failing to pay their tax obligations. Mr Festus Tsavsar, acting Director, Legal Services, FCT-IRS, told journalists after the exercise in Abuja, that Phase3 Telecom,Continue Reading

Nigeria, India seek stronger trade ties

By Rukayat Moisemhe Representatives from Nigeria and India have explored ways to strengthen their long-standing friendship and bilateral trade partnership while identifying new areas of cooperation. This was the focus of the Nigeria-India Bilateral Business Meeting held in Lagos on Thursday. Mr Gabriel Idahosa, President of the Lagos Chamber ofContinue Reading