Value Added Tax (VAT)

Business

Revised VAT Sharing Formula Boosts States’ Revenue To ₦551bn In January

THEWILL -
March 05, (THEWILL) — In January 2026, Nigerian states recorded a significant increase in their share of Value Added Tax (VAT) revenue, receiving a total of about ₦551 billion. This sharp rise followed the implementation of new tax laws...
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NewsFelix Ifijeh, THEWILL -

Nigeria, Benin, Cameroon Move To Modernise Borders, Integrate Customs Systems Under AfCFTA

Nigeria, Benin Republic and Cameroon have moved to modernise their shared border corridors and integrate their Customs systems as part of efforts to accelerate cross-border trade and advance implementation of the African Continental Free Trade Area (AfCFTA).
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