30 results
- 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…
- 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the implementation of the Tax Acts 2025, establishing a formal framework for managing the country’s transition from its repealed tax laws…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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,…
- 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…
- 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…
- 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…
- 13 Nov 2025
Banks Ask Customers to Link Accounts to NIN before 2026 to Prevent Restrictions
Commercial banks have asked customers to link their accounts to their national identification numbers (NINs) or tax identification numbers (tax IDs) ahead of the implementation of the new tax laws.…
- 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…
- 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…
- 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…
- 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…
- 3 Aug 2026
NRS Announces 30 Percent Tax on Corporate Crypto Income
Nigeria Revenue Service (NRS) yesterday announced that medium and large companies in Nigeria that earn income from cryptocurrency and other virtual asset transactions will now be subject to a 30 per…
- 18 May 2026
FG Unveils Free Tax Dispute Resolution Platforms for Nigerians
Federal Government on Monday unveiled digital platforms under the Office of the Tax Ombud, enabling Nigerian taxpayers to resolve tax-related disputes free of charge as part of efforts to improve…
- 6 Aug 2026
Digital Assets Coalition Berates NRS Over Inconsistent Stamp Duty on Digital Assets
Nigeria’s $92 billion virtual asset market, built overwhelmingly by young Nigerians and now the largest in Sub-Saharan Africa, risks being driven offshore by the new Guidelines on the Taxation of…
- 13 Feb 2026
Rashidat Adebisi Unveils Strategic Roadmap for Nigeria’s Insurance Sector under NIIRA 2025
Following a landmark 21-year career in institutional finance, Rashidat Adebisi, the former Executive Director at AXA Mansard, has officially launched “The Re-Architecture Project.” This strategic…
- 18 May 2026
FG Says All Taxable Nigerian Must Obtain Taxpayer ID
Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), has announced the implementation of a nationwide Taxpayer Identification (Tax ID) system, mandating all taxable…
- 21 Apr 2026
Nigeria’s Web3 Boom: $43M Raised as Stablecoin Volume Hits $48.2M Daily - Hashed Emergent Report
Hashed Emergent, the venture capital firm accelerating Web3 adoption in Africa and other emerging markets has announced the release of the second edition of the “Nigeria Web3 Landscape Report 2025.”…
- 3 Mar 2026
NRS Targets N40trillion in Tax, Royalty Revenue in 2026
Nigerians’ commitment to paying taxes has produced historic results. In 2025, voluntary compliance propelled the Nigeria Revenue Service (NRS) to collect a record ₦28.3 trillion, exceeding its target…
- 4 Feb 2026
Majority of Nigerians do not Trust Govt with Tax Revenue – SBM
Majority Nigerians do not trust the government to properly utilise their tax payments for good use, according to a survey by SBM Intelligence across nine cities. The survey highlighted why recent tax…
- 16 Sept 2025
FG’s New Tax ID Could Frustrate Financial Inclusion Efforts- Omoyele
Dr Daramola Omoyele, an economist and data analyst has warned that the introduction of a Tax Identification Number (TIN) under Nigeria’s new taxation legislation could compromise efforts towards…
- 4 Dec 2024
Telecoms Subscribers to Petition National Assembly Over Controversial 5% Tax
The National Association of Telecoms Subscribers (NATCOMS) has announced plans to petition the National Assembly over the Federal Government’s renewed push to impose a 5% excise duty on…
- 28 Jan 2026
Subair: LIRS Won't Raid Accounts – Unless You've Lost Every Court Battle
Lagos State Internal Revenue Service Executive Chairman Ayodele Subair Tuesday demolished online panic over alleged bank account raids, insisting the agency's "Power of Substitution" targets only…
- 11 Aug 2025
FIRS Unveils e-Invoicing, Electronic Fiscal System for Large Taxpayers
Federal Inland Revenue Service (FIRS) has commenced an electronic invoicing solution (e-invoicing) aimed at transforming digital tax administration and revolutionising tax payment in Nigeria. The…
- 3 May 2026
Tax Ombudsman Sets 30-Day Limit for Settlement of Tax Disputes
John Nwabueze, chief executive officer, Tax Ombudsman, has assured Nigerians that complaints relating to taxes, levies, and regulatory charges will be resolved within 14 to 30 days. John Nwabueze,…