Trending News: ‘My Task Was To Clean Up Faeces’ – Quadri Shares Ordeal In Detention After Viral Photo With Peter ObiPope Francis’ Romance With FootballGov Adeleke Condemns, Orders Investigation Into Burning Of Ilesa High Court‘I No Send Una’ – Peter Okoye Reveals Those Responsible For PSquare SplitPope Francis Demise: Four La Liga Games Scheduled For Today Get New DateJonathan Pledges Continued Commitment To Peace After Receiving Sunhak Global Peace PrizeYour Response Is Lazy – Baba-Ahmed Slams Onanuga‘Kenneth Okonkwo Works For Tinubu’ – Sowore AllegesOver ₦10 Million Raised For 17-Year-Old Quadri Alabi Following Alleged Wrongful ArrestBoko Haram Terrorists Kill Three Soldiers In Fresh Attack On Yobe CommunityAide To Governor Of Delta State Allegedly Murdered By HusbandAtiku Mourns Pope FrancisFrom Pope Leo XIII To Pope Francis: Meet The Ten Oldest Popes In HistoryWhy My Father Opposed Marriage To Olu Jacobs – Joke Silva Opens UpFlying Eagles Arrive In Cairo For Under-20 AFCON, To Face Egypt In FriendlyLedger and Pudgy Penguins Tease CollaborationMikel Arteta Gives Update On Bukayo Saka’s Fitness StatusWhy I’m Against Any Coalition With APC – Rhodes-VivourPope Francis’ Death Marks Loss Of A ‘Trenchant Voice For Justice,’ – Tinubu MournsPope Francis Was A Moral Compass In A Troubled World – Peter ObiWorld Leaders Mourn Pope Francis‘APC Is Funding Wike To Bring Down The PDP’ – Rivers PDP Chairman AllegesWike Is Unlike You, Whose Only Achievement Is Deceiving Obasanjo To Remove Elected Governor – Olayinka Blasts OjoduAllowing Citizens To Defend Themselves Against Bandits Will Cause Anarchy – Gov Namadi Replies DanjumaWho Will Be the Next Pope? Key Contenders Emerge After Pope Francis’ Death At 88Protests Break Out In Jos Over Plateau Killings16 Things To Know About Late Pope FrancisNRC Extends Suspension Of Warri-Itakpe Train ServicesAPC Suspends State Secretary, Avajah, Over Alleged Constitution ViolationsAPC Considers Automatic Ticket For Tinubu In 2027 Presidential ElectionYou Saw Evil In Gaza, Condemned It – Fani-Kayode Mourns Pope FrancisSynthetix Founder Warns SNX Stakers to Embrace New Mechanism or Face ‘The Stick’Bitcoin’s Holiday Price Rebound Signals Return of Institutional Confidence, Says QCP CapitalIndependence Day Bomber In Critical Condition After Maiduguri Explosion‘My Friend’ – Tinubu Hails Abia Ex-Gov, Orji Kalu On 65th BirthdayNigeria’s Kanyinsola Ajayi Becomes Second Fastest Sprinter Globally In 2025Just In: Onanuga Confirms When President Tinubu Will Return To NigeriaBreaking: Pope Francis Is Dead“National Assembly To Push For State Police As Part Of Efforts Against Terror Attacks” – BamideleCoalition: You Are An Incurable Virus, We Are Not Considering You For The Merger – Babachir Lawal Slams PDP GovsTinubu, Tchiani To Meet After 20 Months Face-offFG Declares New Target For National GridAbia Teachers Threaten To Strike Over Unpaid Minimum Wage, OthersTake A Back Seat And Enjoy Your Retirement – Babachir Lawal Fires Back At Bode GeorgeAustin Okocha Speaks On Failure To Win African Player Of The Year AwardTraditional Ruler Speaks On Emergence Of New Terrorist Group, Mahmuda In Parts Of Kwara, Niger“We Must Change Our Strategy” – David Mark Urges Tinubu Gov’t To Consider Border Fencing Like U.S, Israel To Tackle InsecurityEkiti APC Caucus Endorses Tinubu, Gov Oyebanji For Second Tenure10th Senate Reschedules Resumption Date To May 6, 2025NEC To Meet On Thursday, State Police Off AgendaBoko Haram Currently Uses Unmanned Drones To Monitor Military – BukartiIf Current Leaders Can Imitate Jonathan, Nigeria Will Be Better – Peter ObiS’Court To Hear PDP Govs Suit Challenging Rivers State Emergency Declaration After Easter BreakGov Lawal Speaks On Defecting From PDP To APCFubara: Is Sole Administrator, Ibas On Tinubu’s Side Or Setting Rivers On Keg Of Gunpowder?Bitcoin Breakout Alert—Are Bulls Targeting $90K?Vitalik Buterin Proposes RISC-V Upgrade to Boost Ethereum’s Execution SpeedMore Details Emerge On Clash Between Tinubu’s Minister And Bauchi Deputy GovernorPlateau, Benue Violence: APC Chieftain Accuses ‘Forces’ Of Plotting Against TinubuRivers: Stop Parading Yourself As Defender Of Nigeria’s Judiciary – Falana Fires WikePortable Opens Up On Using ‘Juju’ To Defeat Speed Darlington In Celebrity Boxing MatchBlack Market Dollar (USD) To Naira (NGN) Exchange Rate Today 21st April 2025Tinubu Directs VP Shettima To Visit Plateau TodayInsecurity: ‘Steer Clear, Don’t Be Part Of Those Attacking Us’ – Gov Alia Warns PoliticiansPDP Chieftain Discloses Regions That Peter Obi Would Win In 2027 If He Returns To The PartyBomb Explosion Reportedly Rocks Maiduguri Prison‘Instead Of Preaching Peace, You’re Sowing Seeds Of Discord’ – Ibas Knocks Tunde BakareTop Nigerian Newspaper Headlines For Today, Monday, 21st April, 2025Naira Rises against EUR, USD as GBP Rally—CBN FX DataSEC Warns Influencers, Bloggers against Promoting Ponzi SchemesBanks Levy: Shareholders Want Authority to Wind up AMCONFemi Otedola Increases Direct Interest in First Holdco by 4,121%Gumi Warns President Tinubu Over Rising InsecurityWilfred Ndidi’s Leicester City Relegated Again After Losing To LiverpoolNnamdi Kanu’s Family Accuses FG Of Media Manipulation, False NarrativesTunde Onakoya Sets New Guinness World Record Wth 64-Hour Chess MarathonJigawa Police Under Fire For Dispersing APC Supporters With Teargas At Government EventNigeria Police Force Intensifies Operations, Arrests Terrorists, Rescues Kidnapped VictimsWhy I Resigned As Tinubu’s Political Adviser – Baba-Ahmed Reveals, Says North Will Decide On 2027 CandidateState Of The Nation: Presidency Reacts To Pastor Bakare’s Message To TinubuWhoever Is Against A Coalition In 2027 Is An Agent To Tinubu – Kenneth OkonkwoCafu Begs Carlo Ancelotti To Leave Real Madrid For BrazilMalami, Others Have Been Planning Against Tinubu Since 2024 – Obono-OblaInmates Seize Guns, Kill 3, Injure Governor In Chad Prison BreakPremier League Results: Chelsea Survive Fulham Scare, Arsenal Win Big, Man United Fall‘Xabi Alonso May Join Real Madrid Before 2025 FIFA Club World Cup’NDLEA Intercepts Cocaine Hidden In Religious Books Bound For Saudi ArabiaKevin De Bruyne Expresses Surprise Over Pending Exit From Manchester CityPastor Bakare Warns Nigeria Is Heading Toward Tyranny Under Tinubu’s Administration‘I Don’t Like Money, My Wife Doesn’t Even Have A Car’ – AmaechiOdion Ighalo Reveals Why He Might Not Play In NPFLDanjuma Urges Nigerians To Defend Themselves Against Bandits, CriminalsTunde Onakoya Breaks Guinness World Record For Longest Chess MarathonGov Okpebholo Extends Easter Greetings To Edo People, Calls For Peace And ProgressSecondus Urges President Tinubu To Reinstate Rivers Governor FubaraVictor Osimhen Agrees Personal Terms With Manchester United – ReportU.S. Supreme Court Stops Trump’s Controversial Deportation Of Migrants‘The Nation Is Bleeding, Bring Us Down From This Cross Of Evil’ – Kukah Urges Tinubu In Easter MessageSERAP Drags NBC To Court Over Ban On Eedris Abdulkareem’s ‘Tell Your Papa’Nigeria’s Flamingos Get ₦6 Million For Beating Algeria
Mon. Apr 21st, 2025
Trending News: ‘My Task Was To Clean Up Faeces’ – Quadri Shares Ordeal In Detention After Viral Photo With Peter ObiPope Francis’ Romance With FootballGov Adeleke Condemns, Orders Investigation Into Burning Of Ilesa High Court‘I No Send Una’ – Peter Okoye Reveals Those Responsible For PSquare SplitPope Francis Demise: Four La Liga Games Scheduled For Today Get New DateJonathan Pledges Continued Commitment To Peace After Receiving Sunhak Global Peace PrizeYour Response Is Lazy – Baba-Ahmed Slams Onanuga‘Kenneth Okonkwo Works For Tinubu’ – Sowore AllegesOver ₦10 Million Raised For 17-Year-Old Quadri Alabi Following Alleged Wrongful ArrestBoko Haram Terrorists Kill Three Soldiers In Fresh Attack On Yobe CommunityAide To Governor Of Delta State Allegedly Murdered By HusbandAtiku Mourns Pope FrancisFrom Pope Leo XIII To Pope Francis: Meet The Ten Oldest Popes In HistoryWhy My Father Opposed Marriage To Olu Jacobs – Joke Silva Opens UpFlying Eagles Arrive In Cairo For Under-20 AFCON, To Face Egypt In FriendlyLedger and Pudgy Penguins Tease CollaborationMikel Arteta Gives Update On Bukayo Saka’s Fitness StatusWhy I’m Against Any Coalition With APC – Rhodes-VivourPope Francis’ Death Marks Loss Of A ‘Trenchant Voice For Justice,’ – Tinubu MournsPope Francis Was A Moral Compass In A Troubled World – Peter ObiWorld Leaders Mourn Pope Francis‘APC Is Funding Wike To Bring Down The PDP’ – Rivers PDP Chairman AllegesWike Is Unlike You, Whose Only Achievement Is Deceiving Obasanjo To Remove Elected Governor – Olayinka Blasts OjoduAllowing Citizens To Defend Themselves Against Bandits Will Cause Anarchy – Gov Namadi Replies DanjumaWho Will Be the Next Pope? Key Contenders Emerge After Pope Francis’ Death At 88Protests Break Out In Jos Over Plateau Killings16 Things To Know About Late Pope FrancisNRC Extends Suspension Of Warri-Itakpe Train ServicesAPC Suspends State Secretary, Avajah, Over Alleged Constitution ViolationsAPC Considers Automatic Ticket For Tinubu In 2027 Presidential ElectionYou Saw Evil In Gaza, Condemned It – Fani-Kayode Mourns Pope FrancisSynthetix Founder Warns SNX Stakers to Embrace New Mechanism or Face ‘The Stick’Bitcoin’s Holiday Price Rebound Signals Return of Institutional Confidence, Says QCP CapitalIndependence Day Bomber In Critical Condition After Maiduguri Explosion‘My Friend’ – Tinubu Hails Abia Ex-Gov, Orji Kalu On 65th BirthdayNigeria’s Kanyinsola Ajayi Becomes Second Fastest Sprinter Globally In 2025Just In: Onanuga Confirms When President Tinubu Will Return To NigeriaBreaking: Pope Francis Is Dead“National Assembly To Push For State Police As Part Of Efforts Against Terror Attacks” – BamideleCoalition: You Are An Incurable Virus, We Are Not Considering You For The Merger – Babachir Lawal Slams PDP GovsTinubu, Tchiani To Meet After 20 Months Face-offFG Declares New Target For National GridAbia Teachers Threaten To Strike Over Unpaid Minimum Wage, OthersTake A Back Seat And Enjoy Your Retirement – Babachir Lawal Fires Back At Bode GeorgeAustin Okocha Speaks On Failure To Win African Player Of The Year AwardTraditional Ruler Speaks On Emergence Of New Terrorist Group, Mahmuda In Parts Of Kwara, Niger“We Must Change Our Strategy” – David Mark Urges Tinubu Gov’t To Consider Border Fencing Like U.S, Israel To Tackle InsecurityEkiti APC Caucus Endorses Tinubu, Gov Oyebanji For Second Tenure10th Senate Reschedules Resumption Date To May 6, 2025NEC To Meet On Thursday, State Police Off AgendaBoko Haram Currently Uses Unmanned Drones To Monitor Military – BukartiIf Current Leaders Can Imitate Jonathan, Nigeria Will Be Better – Peter ObiS’Court To Hear PDP Govs Suit Challenging Rivers State Emergency Declaration After Easter BreakGov Lawal Speaks On Defecting From PDP To APCFubara: Is Sole Administrator, Ibas On Tinubu’s Side Or Setting Rivers On Keg Of Gunpowder?Bitcoin Breakout Alert—Are Bulls Targeting $90K?Vitalik Buterin Proposes RISC-V Upgrade to Boost Ethereum’s Execution SpeedMore Details Emerge On Clash Between Tinubu’s Minister And Bauchi Deputy GovernorPlateau, Benue Violence: APC Chieftain Accuses ‘Forces’ Of Plotting Against TinubuRivers: Stop Parading Yourself As Defender Of Nigeria’s Judiciary – Falana Fires WikePortable Opens Up On Using ‘Juju’ To Defeat Speed Darlington In Celebrity Boxing MatchBlack Market Dollar (USD) To Naira (NGN) Exchange Rate Today 21st April 2025Tinubu Directs VP Shettima To Visit Plateau TodayInsecurity: ‘Steer Clear, Don’t Be Part Of Those Attacking Us’ – Gov Alia Warns PoliticiansPDP Chieftain Discloses Regions That Peter Obi Would Win In 2027 If He Returns To The PartyBomb Explosion Reportedly Rocks Maiduguri Prison‘Instead Of Preaching Peace, You’re Sowing Seeds Of Discord’ – Ibas Knocks Tunde BakareTop Nigerian Newspaper Headlines For Today, Monday, 21st April, 2025Naira Rises against EUR, USD as GBP Rally—CBN FX DataSEC Warns Influencers, Bloggers against Promoting Ponzi SchemesBanks Levy: Shareholders Want Authority to Wind up AMCONFemi Otedola Increases Direct Interest in First Holdco by 4,121%Gumi Warns President Tinubu Over Rising InsecurityWilfred Ndidi’s Leicester City Relegated Again After Losing To LiverpoolNnamdi Kanu’s Family Accuses FG Of Media Manipulation, False NarrativesTunde Onakoya Sets New Guinness World Record Wth 64-Hour Chess MarathonJigawa Police Under Fire For Dispersing APC Supporters With Teargas At Government EventNigeria Police Force Intensifies Operations, Arrests Terrorists, Rescues Kidnapped VictimsWhy I Resigned As Tinubu’s Political Adviser – Baba-Ahmed Reveals, Says North Will Decide On 2027 CandidateState Of The Nation: Presidency Reacts To Pastor Bakare’s Message To TinubuWhoever Is Against A Coalition In 2027 Is An Agent To Tinubu – Kenneth OkonkwoCafu Begs Carlo Ancelotti To Leave Real Madrid For BrazilMalami, Others Have Been Planning Against Tinubu Since 2024 – Obono-OblaInmates Seize Guns, Kill 3, Injure Governor In Chad Prison BreakPremier League Results: Chelsea Survive Fulham Scare, Arsenal Win Big, Man United Fall‘Xabi Alonso May Join Real Madrid Before 2025 FIFA Club World Cup’NDLEA Intercepts Cocaine Hidden In Religious Books Bound For Saudi ArabiaKevin De Bruyne Expresses Surprise Over Pending Exit From Manchester CityPastor Bakare Warns Nigeria Is Heading Toward Tyranny Under Tinubu’s Administration‘I Don’t Like Money, My Wife Doesn’t Even Have A Car’ – AmaechiOdion Ighalo Reveals Why He Might Not Play In NPFLDanjuma Urges Nigerians To Defend Themselves Against Bandits, CriminalsTunde Onakoya Breaks Guinness World Record For Longest Chess MarathonGov Okpebholo Extends Easter Greetings To Edo People, Calls For Peace And ProgressSecondus Urges President Tinubu To Reinstate Rivers Governor FubaraVictor Osimhen Agrees Personal Terms With Manchester United – ReportU.S. Supreme Court Stops Trump’s Controversial Deportation Of Migrants‘The Nation Is Bleeding, Bring Us Down From This Cross Of Evil’ – Kukah Urges Tinubu In Easter MessageSERAP Drags NBC To Court Over Ban On Eedris Abdulkareem’s ‘Tell Your Papa’Nigeria’s Flamingos Get ₦6 Million For Beating Algeria
Mon. Apr 21st, 2025

Tax Dispute: MultiChoice to Pay $37.3m to FIRS

Tax Dispute: MultiChoice to Pay $37.3m to FIRS

The owner of DSTV and GOTV, MultiChoice, has agreed to pay about $37.3 million after front-and-back discussions over tax payment disputes in Nigeria.

Recall that in 2022, the Federal Inland Revenue Services (FIRS) froze MultiChoice Nigeria’s accounts and served the company with a N1.8 trillion tax claim for its Nigerian operation and a $342 million claim for VAT.

Pan-African Television broadcaster MultiChoice Group has disclosed that its subsidiaries have reached a settlement with Nigerian tax authorities and have agreed to pay a total tax of about $37.3 million.

According to a report by Reuters, the broadcaster said, “The total tax amount of $35.4 billion which MultiChoice Nigeria and MultiChoice Africa Holdings will pay will be offset against the security deposits and good faith payments made to date.”

In 2022, Nigeria’s tax governing body, the Federal Inland Revenue Service (FIRS) froze MultiChoice Nigeria’s accounts and served MultiChoice Group with a N1.8 trillion ($1.27 billion) tax claim for its Nigerian operation and a $342 million claim for value-added taxes.

The broadcaster owns DStv, GOtv, Showmax, M-Net, SuperSport, Irdeto, and KingMakers and offers services to over 23.5 million households in 50 markets across sub-Saharan Africa.

Nigeria’s Federal Inland Revenue Service (FIRS) froze MultiChoice Nigeria’s accounts in 2022 and served MultiChoice Group with a N1.8 trillion ($1.27 billion) tax claim for its Nigerian operation and a $342 million claim for value-added taxes.

The entertainment platform in Africa offers products and services, including DStv, GOtv, Showmax, M-Net, SuperSport, Irdeto, and KingMakers for over 23.5 million households in 50 markets across sub-Saharan Africa.

According to the company, MultiChoice Nigeria launched in 1993 as a joint venture between MultiChoice Africa and Adewunmi Ogunsanya (SAN).  According to the company, the MultiChoice supply value chain comprises more than 12,000 dealers, retailers, installers, sales agents and Sabimen. #Tax Dispute: MultiChoice to Pay $37.3m to FIRS#

Taxation: Plateau Introduces Intelligent Billing System
The post Tax Dispute: MultiChoice to Pay $37.3m to FIRS appeared first on MarketForces Africa.

February 2024
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