Latest News Taxation

Oyo Revenue Service Shuts 23 Entities Over Tax Default

The Oyo State Board of Internal Revenue (OYBIR) on Thursday shut 23 corporate entities and public sector agencies’ premises for failure to comply with their tax obligations, despite several demand and efforts by the tax authorities to make them pay their due taxes. In a major raid by the Inter-Ministerial Joint Task Force Team in […]

Banking Latest News Taxation

Oyo Revenue Service Seals Off 12 Banks Over Levy Default

The Oyo State Board of Internal Revenue yesterday halted   operation at 12 banks’ branches in Ibadan, the Oyo State capital, over alleged non-payment of Environmental Development Levy spanning over three years. As early as 9 am on Monday, two enforcement teams from the board stormed the banks’ branches at Dugbe, Ring Road, Challenge, Jericho, Bodija, […]