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Lagos Government enforces 5% withholding...

Lagos Govt enforces 5% withholding tax on...

NANS fixes January 14 for...

NANS fixes January 14 for nationwide protest...

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

FG removes 5%...

FG removes 5% telecom tax on voice, data services The Federal Government has announced the removal of the 5% excise tax on telecommunications services, a...
Salim Sani -
International

Desperation for music...

Desperation for music success led me to tax fraud – Nigerian tells US court Story by Zara Ahmed A Nigerian musician, Onomen Uduebor, also known as...
Ibrahim Hassan Gimba -
News

Prof Ndubizu jailed...

Prof Ndubizu jailed 2 years in America for fraud A United States-based Nigerian Professor, Gordian Ndubizu, has been sentenced to two years imprisonment by a...
Dajen Comfort Yakubu -
News

TUC kicks against...

TUC kicks against VAT hike, warns of more hardship Story by Dajen Comfort Yakubu  The Trade Union Congress of Nigeria (TUC) has strongly opposed the proposed...
Gift Luckson -
Columns

“Breathe in, breathe...

“Breathe in, breathe out, Nigeria," by Hassan Gimba The Arbiter Some time ago, I had an oblique conversation with Governor Mai Mala Buni about my health...
Gift Luckson -
News

How Tinubu, governors...

How Tinubu, governors struck deal on tax bills New details have emerged about how President Bola Ahmed Tinubu and the 36 state governors reached an...
Jane AISO -
FIRS

NASS hails FIRS...

NASS hails FIRS for exceeding revenue target, projects ₦25 trillion in 2025 Story by Dajen Comfort Yakubu The National Assembly has set an ambitious revenue...
Gift Luckson -
News

NLC calls for...

NLC calls for dialogue on tax reform bills to address workforce concerns The Nigerian Labour Congress (NLC) has called for constructive dialogue with the Federal...
Maryam Umar -
Columns

Tax Reform Bills...

Tax Reform Bills and the economic outlook for 2025 by Abiodun Komolafe  The Year 2024 has been flogged to death! With 2025 now underway, it's...
Maryam Umar -
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