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Lagos Government enforces 5% withholding...

Lagos Govt enforces 5% withholding tax on...

NLRC set to prosecute operators...

NLRC set to prosecute operators of unlicensed...

Lagos Government enforces 5% withholding tax on betting and gaming winnings

Lagos Govt enforces 5% withholding tax on betting and gaming winnings The Lagos State Government has commenced the enforcement of a 5 per cent withholding tax on gaming and betting winnings, directing all licensed operators in the state to begin immediate deductions at the point of payout. The directive, issued through the Lagos State Lotteries and Gaming Authority, mandates gaming companies to automatically deduct 5 per cent from players’ net winnings before disbursing funds. Chief Executive Officer of the Authority, Are Bashir, said the enforcement forms part of broader regulatory measures aimed...
Abdullahi Mustapha Haruna -
News

Lagos Government enforces...

Lagos Govt enforces 5% withholding tax on betting and gaming winnings The Lagos State Government has commenced the enforcement of a 5 per cent withholding...
Abdullahi Mustapha Haruna -
Nation

NLRC set to...

NLRC set to prosecute operators of unlicensed sports betting companies in Nigeria The National Lottery Regulatory Commission (NLRC) said it will deploy every available...
Gift Luckson -
Medicine, Science and Technology

Study shows shooter...

young people's brains get weakened from playing “shooter” video games and puts them at greater risk of dementia in later life, a new research has suggested. A...
Aisha Auyo -
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