In factories where machines hum and diesel fumes spread, in pharmaceutical boardrooms recalibrating compliance software, and in airline offices bracing for thinner margins, Nigeria’s new 4 percent ...

There seems to be a debate raging among Nigerians following the announcement of a 4% Development Levy on imported goods However, the Federal Inland Revenue Service (FIRS) has issued clarification on ...

Sugar sector stakeholders have given a parliamentary committee mixed submissions on the newly reintroduced Sugar Development Levy, with some demanding the tax rate be lowered to one percent while ...

The Federal Government is projecting to earn about N1.9tn from the newly introduced development levy in 2026, the first year it will show up in the federal budget after Nigeria’s sweeping 2025 tax ...