Archives Tag: finance bill
President Buhari has Signed the Finance Bill into Law
April 19, 2022
President Muhammadu Buhari has signed the Finance Bill into law. The bill, which introduces significant changes to Nigeria’s tax rates and collections, should now come into effect across the sectors which it targets. The president announced the signing of the bill on Monday, via his Twitter handle. According to him, it was the first time … Continue reading President Buhari has Signed the Finance Bill into Law
How the New Finance Bill Will Impact Your Business
April 19, 2022
Soon, you’ll need a Tax Identification Number (TIN) to open a bank account in Nigeria. But you won’t be paying that irksome ₦50 charge on PoS transactions anymore- unless you’re transferring more than ₦10,000. These are just two of the many changes to the country’s tax system that could be coming into effect shortly. It’s … Continue reading How the New Finance Bill Will Impact Your Business
