Tax & Revenue

The Federal Government is considering an excess-profit tax on energy operators accused of taking undue advantage of consumers amid rising petrol prices. Taiwo Oyedele, Minister of Finance and Coordinating Minister …

Nigerian businesses may be paying more tax than necessary because some companies are still relying on accounting and tax practices from the previous tax regime, tax practitioners have warned. The …

The Nigeria Revenue Service (NRS) has sealed the headquarters of Kaduna Electricity Distribution Company (KAEDCO) over outstanding statutory tax liabilities. The enforcement action was carried out at the company’s headquarters …

Stakeholders across Nigeria’s North-West have agreed to strengthen the protection of taxpayers’ rights and improve trust between taxpayers and revenue authorities. The agreement was reached at a two-day stakeholder engagement …

The Executive Chairman of the Ogun State Internal Revenue Service (OGIRS), Mr. Olugbenga Olaleye, has said that tax enforcement remains a crucial part of Nigeria’s tax system, especially in the …

The Federal Government has launched a nationwide revenue recovery exercise aimed at boosting inflows into the Federation Account and blocking financial leakages across key revenue-generating agencies. The initiative was unveiled …

Ghana’s petroleum revenue experienced a remarkable rise in 2024, reaching US$1.36 billion, representing a 27.8 percent increase from US$1.06 billion in 2023, according to the latest Annual Report by the …

The Angolan Ministry of Finance has announced new rules that will guide the country’s transition to electronic invoicing in all commercial transactions. This development came with the recent publication of …