Monday
September 22
2025

Nigeria Rakes in ₦600B VAT from Netflix, Facebook

By Victoria Fakiya

Nigeria just pulled in over ₦600 billion in VAT from global digital giants like Facebook, Amazon, and Netflix, a first-of-its-kind milestone in taxing foreign companies operating in the country’s cyberspace.

Photo courtesy of Pixabay.

Source: Techpoint Africa (link opens in a new window)

Categories
Technology
Tags
corporations, digital inclusion, regulations