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BREAKING NEWS Federal Government announces a new scheme called the VAT DIRECT INITIATIVE, aimed at collecting Value Added Taxes (VAT) from the informal sector.

💥This initiative is expected to reduce multiple taxations and streamline the taxation process in the informal economy. Here’s everything you need to know 1️⃣ The Federal Inland Revenue Service (FIRS) is responsible for collecting VAT and other revenues for the government. They will be partnering with the Market Traders Association of Nigeria (MATAN) to collect and remit VAT from their members,…

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The Kano Commissioner of Education, Umar Haruna Doguwa, has set up a five-man committee for the planned reopening of the boarding schools that were closed.

The Kano Commissioner of Education, Umar Haruna Doguwa, has set up a five-man committee for the planned reopening of the boarding schools that were closed. Doguwa in a statement by his spokesperson, Aliyu Yusuf explained that it became necessary considering the importance of boarding schools in Kano state’s education system. The Commissioner stated that the closure of such schools by the…

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National Assembly Launches Probe into JAMB Forgery Allegations Against Ejikeme

The lower chamber of the National Assembly, the House of Representatives has announced the establishment of an ad hoc committee to conduct a thorough investigation into the allegations of manipulation of the Unified Tertiary Matriculation Examination (UTME) result against Anambra State candidate, Ejikeme Mmesoma. On Wednesday, the House confirmed its decision to initiate a probe into the various…

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Anti-Corruption Commission Confirms Authenticity Of Ganduje’s Dollar Videos

The Kano State Public Complaints and Anti-Corruption Commission (PCACC) has made a new revelation in the probe of former governor, Umar Ganduje. The comission says forensic analysis has confirmed that the dollar videos of ex-Governor Abdullahi Umar Ganduje were not doctored. In 2017, Daily Nigerian, an online publication, had released some videos of Ganduje allegedly collecting kickbacks from…

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PEB 1 ADVANCE CORPORATE REPORTING

peb-1_-adv-corporate-reportingDownload

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PEA 1Download PEA 6 Qand ADownload PEA 7 Qand ADownload PEB 1 ADVANCE CORPORATE REPORTINGDownload PEB 2 ADVANCE TAXATIONDownload Download Download Download Download Download

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ADVANCE TAXATION

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AUDIT REGULATIONS, 2020ARRANGEMENT OF THE REGULATIONS

FINANCIAL REPORTING COUNCIL OF NIGERIA ACTNO. 6, 2011PART I – OBJECTIVES AND APPLICATION Objectives Application and ScopeREGULATIONPART II – REGISTRATION AND MONITORING Registration Requirements for Registration Deregistration Monitoring of AuditorsPART III – AUDIT EXECUTION7.Power to issue guidelines Appointment of Auditor Auditing Standards Prohibited Non-Audit Services Organisation…

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NEW VAT MODIFICATION

https://home.kpmg/ng/en/home/insights/2020/09/tat-declares-that-rental-income-is-not-liable-to-vat-.html The Tax Appeal Tribunal (TAT or “the Tribunal”) sitting in Lagos on 10 September 2020 decided in the case between Ess-Ay Holdings Limited (EHL or “the Appellant”) and Federal Inland Revenue Service (FIRS or “the Respondent”) that rental income derived from the lease of real estate properties,…

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NIGERIAN YOUTH AND THE DIGITAL

Eagle eyes Nigeria, the most populous country in Africa, boasts a youthful population. According to the National Population Commission, about 64 per cent of Nigeria’s population is below the age of 25. This presents an opportunity for the country to harness the energy and creativity of its youth towards building a digital and innovative future. The world is currently experiencing a rapid shift…

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Watch "IZZAR SO SEASON 3 EPISODES 27" on YouTube

Watch “IZZAR SO SEASON 3 EPISODES 27” on YouTube

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Darajar Naira na ƙara faɗuwa a Najeriya Naira na fuskantar karin koma baya wajen musaya da kudaden kasashen waje kamar dalar Amurka da kuɗin yuro da kuma kuɗin Ingila.

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Boko Haram: Yadda aka yi wa manoma 43 yankan rago a jihar Borno Mayakan ISWAP Dana Boko Haram Shugaban Najeriya Muhammadu Buhari, ya yi alla-wadai da kisan da ake zargin mayaƙan Boko Haram sun yi wa wasu mazauna ƙauye a jihar Borno.

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ASUU AGREES TO CALL OFF STRIKE AS FG INCREASES PAYMENT TO N70BN

The Academic Staff Union of Universities has agreed to call off its eight-month strike which has grounded academic activities in the public universities since March.

The union leadership reached the consensus during a meeting with the government team led by the Minister of Labour and Employment,  Dr Chris Ngige, in Abuja, on Friday.

The government also pledged to pay N40bn as the Earned…

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2023: Jonathan is working for Buhari government – APC

The All Progressives Congress (APC) has said former president, Goodluck Jonathan, is working for the current government.

The ruling party’s Deputy National Publicity Secretary, Yekini Nabena, stated this while answering questions on Channels Television’s Politics Today on Friday.

Nabena also slammed the Peoples Democratic Party (PDP) for not being a worthy opposition.

According to him,…

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Hisbah Conducts Door-to-door Search To Fish Out ‘Sinners’ In Kano

Officials of Hisbah in Kano State on Friday conducted a door-to-door search at Hills and Valley, a holiday and relaxation resort located at Dawakin Kudu, Kano metropolis.

SaharaReporters gathered that staff of the resort were made to take Hisbah personnel round all parts of the building.

During the search, operatives of the Islamic security outfit searched all rooms and spaces to detect…

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Daga Bakin Mai ita

BBC Hausa

Daga Baking mai ita

Hadiza Kabara