Nigerian Government Unveils Tax Act Guidelines Nearly Six Months Post-Launch
The Nigerian government has finally issued general guidelines for the implementation of Tax Acts 2025 nearly six months into its commencement on January 1, 2026...
Tax
Nigerian Government Unveils New Guidelines for Tax System Transition
The Federal Government has released guidelines to steer Nigeria’s transition to a new tax regime. The guidelines, released on Thursday by the Ministry of Financ...
Nigeria's Company Income Tax Plummets to N1.37 Trillion in Q1 2026, Reports NBS
Nigeria’s company income tax, CIT, decreased in the first quarter of 2026 to N1.37 trillion. The National Bureau of Statistics, NBS, disclosed this in its CIT r...
"Taiwo Oyedele Sets the Record Straight: 'I Did Not Admit to Errors in Tax Laws'"
The Presidential Fiscal Policy and Tax Reforms Committee has dismissed reports alleging that the Minister of State for Finance, Taiwo Oyedele, had admitted to e...
Taiwo Oyedele Reveals Corrections in Progress for Nigeria's New Tax Law, Acknowledges Mistakes
Nigeria’s minister of state for finance, Taiwo Oyedele, has finally admitted that Nigeria’s new tax reform laws contain errors. He, however, assured that correc...
Recycling Companies Push for Tax Breaks to Boost Sustainability Efforts
Stakeholders in Nigeria’s recycling sector have urged the Federal Government to introduce tax incentives and strengthen policy implementation to unlock the full...
Lagos Introduces 5% Withholding Tax on Gaming Winnings
The Lagos State Government has commenced the implementation of a five per cent withholding tax on gaming winnings from licensed gaming platforms operating withi...
Enugu Achieves N406bn IGR in Just One Year, Aiming for N870bn by 2026!
Enugu State recorded a total of N406,774,321,758.87 Internally General Revenue, IGR, in 2025 out of the N509,947,000,000 projected in the 2025 Appropriation Law...
Nigerian Government Stands Firm on Tax Laws, Blames KPMG for Mistakes and Misinterpretations
The Presidential Fiscal Policy and Tax Reforms Committee has responded to a recent publication by KPMG on Nigeria’s newly enacted tax laws. Recall that or conce...
"ADC Urges Nigerian Government to Reveal Tax Reform Agreement Details or Scrap It"
The African Democratic Congress, ADC, has asked the Federal Government to publicise details of the recent agreement on digital tax reform and revenue administra...
"FG: Nigerians Required to Obtain Tax ID for Bank Account Operations"
The federal government has said every taxable Nigerian must have a Tax Identification or Taxpayer Identification Number to operate bank accounts in the country...
FIRS Chief Stays Focused on New Tax Reliefs Despite Calls for Dismissal, Says Kolawole
The chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, remains committed to delivering the benefits of Nigeria’s new tax laws despite a recen...