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Operators urge FG to raise tax from informal sector

Some experts have called on the Federal Government to widen the tax net to include the informal sector and unregistered businesses in order to increase the country’s revenue base. ....

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Businesses must be guided by optimism, say experts

Partner and Head, Deal Advisory, Mergers and Acquisition Tax and Regulatory Practice, KPMG Nigeria, Ajibola Olomola, has said businesses need to be guided by optimism especially as it relates to the electioneering era in the country ....

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French envoy predicts economic recovery, growth for Nigeria


FIRS tasks non-residents on tax returns assures transparency
Deputy Regional Economic Counsellor, West Africa, French Embassy, William Levasseur, has expressed optimism that with the price of oil rising globally, Nigeria will recover economically, creating opportunities for starters as well as Small and Medium-scale Enterprises (SMEs).
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Levasseur disclosed this yesterday at a webinar organised by Franco-Nigeria Chamber of Commerce and Industry, in partnership with AELEX, on the ‘Finance Act 2020: Implications For Businesses’.
According to the envoy, the Finance Act is critical, involving changes for several sectors and contributing to economic stability.
MEANWHILE, the Federal Inland Revenue Service (FIRS) has appealed to non-residents to file their tax returns, as it has gone into partnership with sister agencies to ensure transparency in the process. ....

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