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…
- 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…
- 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the implementation of the Tax Acts 2025, establishing a formal framework for managing the country’s transition from its repealed tax laws…
- 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…
- 29 Mar 2022
Buhari Waxes Worriedly over Current Tax Administration
President Muhammadu Buhari Tuesday expressed concern at the current tax system in the country characterised by fragmented administration, multiple and sometimes overlapping taxes. Buhari in Abuja…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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,…
- 7 Aug 2022
LIRS Partners Deloitte to Boost Transparency in Tax Administration With Whistle-Blower Initiative
The Lagos State Internal Revenue Service (LIRS) has said its Whistle-Blower Initiative will deepen transparency, and accountability and uphold a high standard in the administration of the tax system…
- 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…
- 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…
- 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…
- 25 Jan 2026
LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts, Others
Lagos Internal Revenue Service (LIRS) pursuant to Section 60 of the Nigeria Tax Administration Act (NTAA), plans to ask Nigerian banks to debit bank accounts of employers who failed to remit tax…
- 16 Jul 2026
NRS Harps on e-Invoicing to Boost Tax Compliance, Curb Revenue Leakages
The Nigeria Revenue Service (NRS) said the rollout of electronic invoicing (e-invoicing) will strengthen tax compliance, curb revenue leakages and improve transparency in tax administration as it…
- 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…
- 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…
- 21 May 2013
Taxation Body Advances e-Pin Code Panacea
The Nigerian Joint Tax Board (JTB) has advocated for an obligatory enforcement of a nationwide issuance of a national universal electronic tax pin code, otherwise called the Taxpayer Identification…
- 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…
- 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…
- 6 Jun 2021
CITN Seeks Simplified Tax Law
The Charted Institute of Taxation of Nigeria, CITN, has canvassed for a more simplified tax administration to enhance voluntary compliance to tax laws. Dame Gladys Olajumoke Simplice, president of…
- 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…
- 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…
- 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…
- 11 Aug 2025
No More Leaks: FIRS Slaps ₦5m Fine on Info Disclosure
Nigeria Revenue Service (NRS) Act has introduced strict penalties for the unauthorised disclosure of confidential information and documents by its staff, with offenders facing fines of up to N5…