Government

FG Imposes N10 per Litre Excise Duty on Non-Alcoholic, Carbonated, and Sweetened Drinks

The Federal Government has introduced an Excise Duty of N10 per litre on all non-alcoholic, carbonated, and sweetened beverages. Excise…

FIRS Issues Simplified VAT regime for Non Resident Suppliers

Further to the Finance Act 2020, the Federal Inland Revenue Service, FIRS has issued simplified VAT regime for non-resident suppliers.…

Ministry of Finance issues VAT (Modification) Order, 2021

The Ministry of Finance has issued a Value Added Tax (Modification) Order, 2021 with a commencement date of 30 July…

Nigeria Customs promotes 4 DCGs, 11 ACGs and 2,707 senior officers

The Board of the Nigeria Customs Service has approved the appointment of four Deputy Comptroller Generals and eleven (11) Assistant…

Customs seizes logs of unprocessed timber, arrests two

The Nigeria Customs Service, Federal Operations Unit (FOU) Zone ‘C’ has intercepted three trucks carrying 6×20ft containers of logs of…

Customs Tincan Island Command generates N229 billion in 6 months

The Tincan Island Command of the Nigeria Customs Service generated a total sum of N229,321,865,091.16 in revenue from January to…

FAAN uncovers plots to attack Nigerian Airports

The Federal Airports Authority of Nigeria (FAAN) has raised alarm over planned attacks on airports across the country following an…

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GTBank resumes international foreign transactions Naira Mastercard