VAT IS NOT YOUR MONEY: Understanding Nigeria's VAT Rules in 2025
Picture this: a customer walks into your shop and spends ₦20,000. At 7.5% VAT, they hand you an extra ₦1,500. That ₦1,500 is not...
DIGITAL TAXATION IN NIGERIA: TAXATION OF INCOME FROM E-COMMERCE AND E-BUSINESS
Nigeria's digital economy is booming. With over 100 million internet users and a rapidly growing e-commerce sector, the country has become one of Africa's...
VALUE ADDED TAX (VAT) IN NIGERIA
INTRODUCTION
Value Added Tax (VAT) can be defined as an indirect tax that is imposed by the government on the supply of goods and services. It is the final consumer...