30 results
- 5 Nov 2025
FIRS to Unveil Nigeria Tax Reform Acts, Engage Stakeholders on Implementation
The Federal Inland Revenue Service (FIRS) has announced plans to officially unveil the Nigeria Tax Reform Acts on Monday, November 10, during a high-level Strategic Stakeholder Engagement Session at…
- 18 Jun 2026
FG Issues Transition Guidelines for Tax Acts 2025
The federal government has issued the general guidelines for the implementation of the Tax Acts 2025, establishing a formal framework for managing the country’s transition from its repealed tax laws…
- 1 Jan 2026
FIRS Rebrands as Nigeria Revenue Service, as New Tax Laws Take Effect
The Federal Inland Revenue Service (FIRS) has officially metamorphosed into the Nigeria Revenue Service (NRS), unveiling its new institutional brand identity. The development ushers a new dawn in…
- 11 Sept 2025
FG Says Tax ID, NIN Mandatory for Financial Transactions from January 2026
Nigeria Tax Administration Act, 2025 specifies that beginning from January 2026, Nigerians will be required to provide their full details — including National Identification Number (NIN), Tax…
- 9 Jan 2026
KPMG Identifies ‘Flaws, Inconsistencies, and Omission’ in New Tax Law
KPMG Nigeria has identified what’s described as “errors, inconsistencies, gaps and omissions” in Nigeria’s tax laws that came into force at the beginning of this year. The professional services…
- 4 Jan 2026
House of Reps Releases Certified Copies of Tax Reform Acts amid Gazette Discrepancy Claims
House of Representatives has released certified true copies of the four tax reform Acts signed into law by President Bola Tinubu, addressing public concerns over alleged discrepancies between…
- 22 May 2023
Nigeria Startup Act Secretariat, ONE Campaign, Urge State Governments to Unlock Digital Economy with Startup Act
The ONE Campaign, in collaboration with the Nigeria Startup Act Secretariat, calls on state governments to embrace the Nigeria Startup Act and harness its provisions to unlock the vast potential of…
- 27 Jun 2021
Global Tech, Digital Giants Won’t Escape Tax in Nigeria- FG
Federal government has vowed big technology and digital companies with a significant economic presence in Nigeria, though without physical offices, won’t escape tax payments henceforth. The…
- 22 Dec 2025
Oyedele Warns Delay in Tax Reforms Will Keep 98% of Workers Overtaxed
Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has cautioned that failure to implement Nigeria’s new tax laws by January 1, 2026, would leave the vast majority…
- 15 Jun 2020
Nigeria Cannot Enforce Tax against Facebook, Others—Expert
Nigeria will find it impossible to place taxes on the transactions of foreign tech companies like Netflix, Facebook, Google, Youtube and other virtual firms without foreign help, Ikemesit Effiong,…
- 2 Jan 2026
FIRS Transforms into NRS as Nigeria Ushers in New Tax Era
Federal Inland Revenue Service (FIRS) has officially given way to the Nigeria Revenue Service (NRS), signalling a pivotal shift in the country's revenue administration framework as the Nigeria…
- 9 Feb 2022
Reps Want Foreign Betting, Lottery Firms to pay Tax to Nigeria
Akin Alabi, chairman of the House of Representatives’ Committee on Governmental Affairs, has said international betting companies operating in Nigeria must pay tax to the Nigerian government. Alabi,…
- 17 Nov 2025
FG Lists Bank Charges Nigerians Will Stop Paying from January 2026
Nigerians won’t have to worry about the payment of five common bank charges again, as from January 2026, when the new tax laws come into effect. This was made known by Taiwo Oyedele, chairman of the…
- 31 Dec 2025
How Nigeria’s New Tax Law Could Redefine Risk in the Banking Sector
By Blaise Udunze Nigeria’s new tax identification portal goes live nationwide tomorrow, Monday, January 1, 2026, marking a pivotal moment in the country’s fiscal and financial governance. Designed to…
- 12 Jan 2026
Why Nigeria's New Tax Regime Will Fail Without Public Trust
By Blaise Udunze Millions of Nigerian citizens are watching with cautious anticipation as the federal government begins implementing its far-reaching 2026 tax reforms. This is to say that the…
- 21 Dec 2025
SERAP Asks Tinubu to Release CTC of Tax Bill
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “urgently direct Mr Lateef Fagbemi, SAN, the Attorney General of the Federation and Minister of Justice to…
- 15 Jan 2026
FG Halts Tax Guidelines Amid Uncertainty Over Final Laws – Oyedele
Federal Government has suspended the issuance of implementation guidelines for the new tax laws due to lingering doubts about their final version, Taiwo Oyedele, Chairman of the Presidential Tax…
- 27 Jul 2025
New Tax Law Empowers NRS to Fine Offenders up to N10m
The newly enacted Nigeria Tax Administration Act, 2025, has empowered the Federal Inland Revenue Service (FIRS), renamed Nigeria Revenue Service (NRS), to impose fines for individuals and companies…
- 15 Feb 2026
No VAT on Land, Buildings and Rent Under New Tax Law — Oyedele
Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, says land, buildings and rent are now fully exempted from Value Added Tax under the Nigeria Tax Act 2025. He…
- 4 Nov 2025
FG Taps John Nwabueze as First Tax Ombudsman
President Bola Tinubu has appointed Dr. John Nwabueze as the Tax Ombudsman in line with the provisions of the Joint Revenue Board of Nigeria (Establishment) Act, 2025. Nwabueze, from Oshimili South…
- 16 Mar 2020
TJI Says Nigeria Squanders $2.6Bn on Corporate Tax Incentives
Tax Justice Network (TJN), a nongovernmental organization has said that Nigeria squandered some $2.6 billion on corporate tax incentives in one year, making the country to suffer a downgrade to 34th…
- 24 Sept 2025
MAN Says Tax Stamps Will Hurt Consumers, Economy
Manufacturers Association of Nigeria (MAN) has expressed strong reservations about the proposed introduction of a Tax Stamp System for excisable goods in Nigeria. So-called tax stamps are used to…
- 9 Aug 2026
Tax Reform Built on Taxing Prosperity, Not Poverty– Adedeji
Nigeria tax system is build on taxing prosperity not poverty, according to Dr. Zacch Adedeji, executive chairman, Nigeria Revenue Service (NRS). Dr. Zacch Adedeji, executive chairman, Nigeria Revenue…
- 6 Jan 2026
Senders Now to Pay N50 Stamp Duty – GT Bank
GTBank has reminded customers of the new stamp duty rules under the Nigeria Tax Act 2025, which take effect from January 1, 2026. According to an email received by a GT Bank customer on Tuesday,…
- 22 May 2022
FG Slams New Tax on Telephone Calls in Nigeria
Federal government has imposed a new tax regime on telephone calls and it said the proceeds from the new tax will cater for the health needs of Nigerian citizens considered to be most vulnerable to…
- 10 Dec 2020
SEC @ Senate Hearing Opposes FG’s Move to Manage Unclaimed Dividends
Securities and Exchange Commission (SEC) is opposed to a proposed amendment in the Finance Bill 2020 that prescribes that unclaimed dividends be handed over to the federal government as trustee,…
- 11 Dec 2025
Fidelity Bank to Host Virtual Masterclass on New Tax Law
Fidelity Bank Plc, a leading financial institution, will host a free virtual training on the Nigeria Tax Act 2025 (NTA) as part of its commitment to helping small businesses prepare for the upcoming…
- 5 Feb 2018
FG, Foreign Countries Share Data On Overseas Bank Accounts
The Federal Government of Nigeria and some foreign countries, including the United Kingdom Government, have commenced the Automatic Exchange of Tax Information (AETI), particularly on overseas assets…
- 5 Sept 2025
FG Says Tax ID Mandatory for Banking, Allied Services from January Next Year
Federal government has made Tax Identification, (Tax ID) compulsory for people getting involved in banking and allied services in the country. Consequently, all taxable Nigerians are to obtain a…
- 21 Jul 2016
Supermart.ng Partners Ijewere & co. on Tax Seminar
Supermart.ng, Nigeria’s largest online grocery retailer is set to partner with Ijewere & Co., Nigeria’s largest indigenous consulting firm on a two-day tax seminar. The seminar for finance…