Full List of Taxes in Nigeria
In this article, we will look at the comprehensive list of taxes that apply in Nigeria. Taxes are mandatory monetary levies imposed by a...
Top 10 Major Economic Problems Facing Nigeria (2023)
From underdevelopment to lack of proper infrastructures, these and many others are the significant economic problems facing Nigeria as a country. With the country...
Bank Account: Meaning and Types
A bank account is the arrangement made with a bank which enables one to deposit and withdraw money and in some cases, be paid...
Wages: Definition, Types, Wage Determination
Wages are rewards paid for the services of labour. That is to say, the amount paid to labour for the services it rendered during...
The Nigerian Tax Law: All You Need Know
Collecting taxes are one of the ways government generates revenue for carrying out it assignments. People in the developed world know the importance of...
Indirect Taxes: Types, Advantages and Disadvantages
Indirect Taxes are taxes levied on locally made, imported and exported goods and services.
These taxes imposed on goods and services are layer on transferred...
Forms of Tax: Advantages and Disadvantages
There are two major forms of tax. Direct and Indirect taxes. Direct tax is collected directly from individuals and profits of companies. The profit...
Reasons For The Imposition of Taxes by the Government and the Economic Effects of...
Reasons For The Imposition of taxes by The government
There are various reasons for the imposition of taxes by the government and we shall...
Taxation: Features, Principles of Good Tax System
Tax may be defined as a compulsory contribution contribution imposed by a government authority on goods, individuals, corporate bodies, etc, irrespective of the exact...
Basic Economic Problems of Society Explained
Every society irrespective of the type of economic system adopted; whether capitalism or socialism, is faced with the following basic fundamental economic problems:
What To...