New VAT Formula Boosts States' Share to 55% in 2026
Nigeria's new VAT sharing formula, effective January 2026, shifts N461.27bn to states. Federal allocation drops to 10%. Discover the state-by-state impact and fiscal future.
Category : Search result: Ikeja store VAT
2025 Tax Reforms: Nigeria's Path to Fiscal Stability
Nigeria's 2025 Tax Acts aim to rebuild the nation's fiscal architecture, protect low earners, and drive digital compliance. Discover the long-term strategy beyond the revenue debate.
Lady Laments N23k VAT on N181k Restaurant Bill
A Nigerian lady's viral TikTok video exposes a N23,000 tax charge on a N181,000 restaurant bill, sparking debate on new tax policies and hidden costs in Lagos eateries. See the full breakdown and public reaction.
Lady cries out over N23k VAT on N181k restaurant bill
A Nigerian lady's viral TikTok video exposes a hefty N23,000 tax charge on a N181,000 restaurant bill, sparking debate on new tax policies and business practices in 2026.
Nigeria's Tax Reform: 10 Ways States Will Benefit
Nigeria's proposed tax reform bills aim to reshape fiscal federalism, granting states more autonomy and revenue. Discover the 10 key benefits set to transform governance and infrastructure.
Chinese Lady Accuses Nigerian Nanny of Theft, Assault
A Chinese national in Lagos tearfully accuses her former Nigerian nanny of stealing millions, assault, and online trolling. She issues a 3-day ultimatum for apology and video deletion. Read the full story and public reactions.
Nigerian Lady Alarms Over Huge VAT on ₦3m Goods
A Nigerian lady's viral TikTok video exposes alarming VAT charges at an Ikeja store, sparking a national conversation on Nigeria's new tax law implementation and consumer rights.
Woman Calls Out Vendors Over Illegal VAT Charges
A Nigerian woman raises alarm over vendors illegally charging 'VAT' on everyday purchases. She shares shocking examples and calls for government intervention. Read her full story.
Drivers Union Rejects 10% Tax on E-hailing Trips
The Amalgamated Union of App-based Transporters of Nigeria rejects a new 10% tax burden on inDrive trips, calling it discriminatory. Read their full demands.
Influencer charged N487,500 VAT on N6.5m purchase
Social media influencer Rita 'Raye' Ushie cries out after being charged a huge 7.5% VAT on a N6.5 million purchase for her tech startup. See public reactions and why NANS plans protests.
Fire guts Moore Pharmaceutical Store in Jalingo
A devastating fire razed Moore Pharmaceutical Store and other shops in Jalingo's Michelin area on Jan 1, 2026. No casualties, but traders face ruin. Read more and see how to help.
Ikeja Council Shares Rice to Ease Festive Burden
Ikeja Local Council Vice Chairman Abisola Omisore distributed rice to over 200 vulnerable residents to ease festive burdens. The initiative aims to strengthen community support and public confidence in grassroots governance.
Barber Adds VAT to Haircuts Ahead of 2026 Tax Law
A Nigerian man's viral post reveals his barber adding a 7.5% VAT charge from January 1, 2026, sparking debate on the new tax law's reach. Read more about the public reaction.
New Tax Laws Will Reduce Airlines' Costs - Oyedele
Tax reform chief Taiwo Oyedele clarifies that Nigeria's new 2026 tax laws aim to lower airline operating costs, countering claims of massive fare hikes. Details inside.
FG: New Tax Laws to Support Airlines, Not Harm Them
The Presidential Tax Committee clarifies that new tax reforms will aid Nigerian airlines by removing burdensome charges and improving cash flow, countering Air Peace CEO's warning of soaring fares.
Rotary Club Ikeja donates medical equipment to LASUTH
Rotary Club of Ikeja District 9111 boosts healthcare at Lagos State University Teaching Hospital with a major donation of vital medical equipment and staff awards. Read about this festive gesture of hope.
Lagos Island Fire: Parents Lose Store in 22-Storey Blaze
A Nigerian lady cries out after her parents' store was destroyed in the Great Nigeria Tower fire on Lagos Island. This marks the second time her father's shop has been lost to flames this year.
Family Seeks Return of Chinwuba's Portrait to Police College
The family of ACP Aneto Chinwuba demands the Nigeria Police Force restore his legacy as the first indigenous Commandant of the Ikeja Police College, threatening legal action over historical erasure.
Italy fines Apple €98m over App Store privacy rules
Italy's competition authority fines Apple €98 million for allegedly abusing its dominant App Store position with restrictive privacy rules for third-party developers. The tech giant says it will appeal.
Lagos Celebrates Christmas with 19th Carol of Nine Lessons
Lagos State Government hosted the 19th Christmas Carol of Nine Lessons at Lagos House, Ikeja. Governor Sanwo-Olu, top officials, and religious leaders gathered for the event themed 'The Reign of the Messiah'. Read more about this key spiritual gathering.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
FAAC Revenue Falls by N428bn, N1.93trn Shared
FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.
Govt Cuts Corporate Tax, Offers N3.4trn Relief to Businesses
The Federal Government has announced major fiscal reforms, cutting corporate income tax to 25% and offering N3.4 trillion in VAT relief to stimulate investment and support the private sector. Read more.
Aviation Experts Warn of Job Losses from 2026 Tax Reforms
Nigerian aviation experts warn new tax reforms from January 2026 could slash sector GDP by 20% and cut 30% of jobs. Learn the risks and calls for government intervention.
10-Year Jail Term for Teen Who Assaulted Child in Lagos
An Ikeja court has sentenced Obisesan Saltan to 10 years imprisonment for sexually assaulting a 4-year-old girl in Gbagada. His name will be added to the sex offenders register.
Kelani wins 2025 Ikeja Golf Club Championship
Amusa Kelani clinched the 2025 Ikeja Golf Club Championship title, dedicating his victory to his caddie. Read about his winning score, prizes, and the tournament's new three-day format.
Tesla Sets New Sales Record in Norway
Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.
Manufacturing Tops Nigeria's VAT Revenue in H1 2025
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
Lagos Fans React to Chelsea-Arsenal Draw at EPL Watch Party
Thousands of Lagos football fans expressed frustration at the MTN EPL Watch Party after Chelsea's 1-1 draw with Arsenal. Read fan reactions and event highlights.
Top 10 Nigerian Banks by Mobile App Downloads
Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech
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