Features

Under Section 36 of the Nigeria Tax Administration Act (NTAA), the rules surrounding tax audits and additional assessments have been laid bare. The truth is simple: the tax authority can revisit your old books far beyond the six-year mark, and if you cannot prove your numbers because you threw your records away, you will pay dearly for it.

West Africa faces a climate-finance problem that extends beyond the amount of capital available. The deeper constraint is that many countries must finance increasingly expensive climate adaptation while managing high debt.

A dancer who ignores a change in the beat may still move with great confidence but soon looks as though they and the drummer came to different celebrations.

Starting from 29 May 2023, when President Bola Tinubu announced the removal of fuel subsidy, the movement of the price of the commodity (PMS or petrol) has been like a yo-yo: literally shooting through the roof, at times.

Under the old, repealed Value Added Tax Act, businesses were trapped in an unfair, distorted tax system that treated essential operational expenses as luxury overheads.

FCMB's market capitalisation had risen 49.7 percent to about N771.7 billion by August, even though its share price was still 2.9 percent lower year-to-date.

Food is supposed to do more than silence hunger. It must nourish the body, develop the brain, strengthen immunity and provide the energy required for people to learn, work and build productive lives.

Akwa Ibom State is celebrating not as the fledgling entity created by the military government of General Ibrahim Babangida, but as a state that has passed through military administration, democratic transitions, infrastructure expansion.

For years, many high-earning remote workers, tech professionals, international consultants, and big-time executives in Nigeria lived by one simple tax rule: the "183-day game."

SAM DIALA highlights Nigeria’s troubling situation and argues that the country can no longer afford to treat environmental sustainability as an afterthought.