Tag: Tax
CAN kicks as Abia introduces tax on church signposts
The Alex Otti administration in Abia State has introduced a tax on churches for their signposts, a move that has sparked widespread criticism from rel [...]
Guaranty Trust Bank Plc releases half year audited results with profit before tax of ₦93.1bn
Guaranty Trust Bank Plc (“GTBank” or “the Group”), now Guaranty Trust Holding Company Plc, has released its audited financial results for the period e [...]
Dangote Cement to pay N40.39 bn in corporate tax
…ramps up production capacity to meet local demand
Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the natio [...]
Fidelity Bank’s first quarter profit rises 64% on higher forex gains
Fidelity Bank’s profit after tax for the first three months of 2021 swelled by nearly two-thirds, the unaudited financial statements of the tier 2 len [...]
GTBank releases Q1 2021 unaudited results, reports profit before tax of ₦53.7bn
Guaranty Trust Bank plc has released its unaudited Financial Results for the period ended March 31, 2021 to the Nigerian and London Stock Exchanges.
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UBA posts 26.8% jump in Q1 net profit, double-digit growth on income lines
The United Bank for Africa (UBA) Plc says its profit after tax (PAT) increased by 26.8 percent in the first quarter (Q1) for the period ended Marc [...]
Dangote Cement to pay over N97bn in corporate tax for 2020
Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the financia [...]
Lagos introduces new tax for videos, songs
The Performing Musicians Employers Association, the umbrella body of musicians in Nigeria, has rejected the new five per cent tax introduced by the La [...]
Suspend VAT, print more naira notes, provide stipends to Nigerians – Tinubu tells FG
The leader of the All Progressives Congress, Bola Tinubu, has asked the Federal Government to print more naira notes in order to save the economy from [...]
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