Tag: gaming
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FG proposes 5% tax on telecoms services, gaming, betting activities
The Federal Government has proposed a five per cent excise duty on telecommunications services, gaming, and betting activities as part of a new bill to overhaul Nigeria’s tax framework. The bill, titled, “A Bill for an Act to Repeal Certain Acts on Taxation and Consolidate the Legal Frameworks relating to Taxation and Enact the Nigeria…
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NCC moves against illegal lottery, gaming
The Nigerian Communications Commission has signed a revised Memorandum of Understanding with the National Lottery Regulatory Commission, with provisions to deter unapproved lottery and gaming practices on telecommunications platforms through information and intelligence sharing. The Executive Vice Chairman of NCC, Prof. Umar Danbatta, noted that the MoU, which would impact the gaming industry, was in…