30 results
- 18 Jan 2026
Tax Ombudsman will Save Nigerians Money, Time - CEO
Dr. John C. Nwabueze, tax ombudsman/CEO, has stated that Nigerian taxpayers can now save on the cost of arbitration while still obtaining justice by resolving their tax complaints through the Office.…
- 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…
- 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…
- 28 Jul 2025
FG Asks Banks to Report Individuals with N25m Monthly Transactions to FIRS
Federal government has mandated banks and financial institutions to begin reporting monthly transactions exceeding N25 million for individuals and N100 million for firms to the tax authorities. Under…
- 26 Jul 2024
Osun, Delta Fine Google, Meta $350m Each for Alleged Tax Evasion
Osun and Delta states’ tax authorities have fined Google Nigeria and Meta Platforms Inc. $150 million and $200 million, respectively, for alleged non-remittance of withholding tax. The fine is…
- 8 Apr 2025
Court Delays $81.5Bn Tax Evasion Case against Binance
Nigerian authorities have postponed legal proceedings against Binance as tensions persist over the crypto exchange’s role in the country’s economic troubles. According to a recent report, a court in…
- 23 Apr 2024
Kenya to Extradite Anjarwalla, Binance Executive Linked to Tax Evasion to Nigeria
Kenya is preparing to extradite Nadeem Anjarwalla, a Binance executive wanted by Nigerian authorities for alleged involvement in tax evasion and a dramatic escape from custody. Anjarwalla was…
- 9 Feb 2024
MultiChoice Agrees to Pay N35.4Bn as Part of FIRS Tax Claim
MultiChoice Group has agreed to pay N35.4 billion as part of its tax obligations to the Federal Inland Revenue Service (FIRS). This is about 10per cent of the initial claim filed by the Nigerian tax…
- 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…
- 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,…
- 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…
- 18 Jul 2021
MultiChoice in Talks with FG to Resolve Tax Claims
MultiChoice said it is in discussions with Nigerian authorities over the instruction it issued to local banks to freeze its accounts over unpaid taxes. Early this month, media reported that the…
- 8 Nov 2018
MTN Nigeria $10B Feud Can Risk South Africa System - SARB
MTN Group’s fights with Nigerian authorities over $10 billion in repatriated funds and back taxes could increase risk in South Africa’s financial system depending on the outcome, the Reserve Bank…
- 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…
- 8 Nov 2018
SARB Fears FG’s $10Bn Demand from MTN can Shake S. Africa’s Economy
MTN Group Ltd.’s fights with Nigerian authorities over $10 billion in repatriated funds and back taxes could increase risk in South Africa’s financial system depending on the outcome, Central Bank of…
- 7 Sept 2018
MTN: Our Story on CBN’s Letter on CCIs and AGF’s $2Bn Tax Compliance Demand
Following the receipt of the letter from the Central Bank of Nigeria on foreign exchange repatriation, MTN Nigeria (“the Company”) has today provided an update on the company’s position on the issue.…
- 5 Sept 2018
FG Targets MTN for Cash as Buhari Govt. Tightens Rules Ahead 2019 Elections- Expert
The many troubles of MTN group in Nigeria may both economic and political play the federal government of Nigeria, according to Ron Klipin, an analyst at Cratos Wealth in Johannesburg. Klipin,…
- 6 Feb 2023
LIRS, FIRS Ink MoU on Exchange of Information, Joint Tax Audit
The Lagos State Internal Revenue Service (LIRS) and Federal Inland Revenue Service (FIRS) on Monday, February 6, 2023, signed a Memorandum of Understanding on the exchange of information and…
- 12 Nov 2025
Taxing, Borrowing the Future Without Building: What Has Nigeria’s Fiscal Authority Done for the Real Sector?
By Blaise Udunze In today’s Nigeria, one uncomfortable truth has become glaring that the fiscal authority collects, but it does not build. It borrows, but it does not produce. It taxes, but it does…
- 19 Feb 2026
Lagos Begins 5 Percent Withholding Tax on Gaming Winnings
Lagos State Government has commenced the implementation of a 5% Withholding Tax (WHT) deduction on gaming winnings, in line with applicable Nigerian tax laws and regulatory directives governing the…
- 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…
- 9 Dec 2021
Nigerians to Pay 7.5% VAT on Facebook Ads from January 1
Facebook has announced that Nigerians will pay 7.5 percent value-added tax (VAT) on all ad placements from January 1, 2022. The charge will also apply to those buying ads for businesses or personal…
- 2 Mar 2026
NCAA Orders Overland Airways to Refund VAT Charged on 2025 Tickets
Nigerian Civil Aviation Authority (NCAA) has directed Overland Airways to refund Value Added Tax (VAT) wrongly charged to passengers on flight tickets purchased in 2025. NCAA The directive follows a…
- 20 Oct 2025
FG Clarifies Position on Remitted Diaspora Income
As clarifications on the new tax reform law continues, the Federal Government has restated that not all incomes earned abroad and brought into Nigeria by nonresident individuals will be taxed,…
- 17 Dec 2012
Alarm over Rising Tax Evasion
Tax evasions by multinational companies Nigeria is so vast that one tax analyst believes that if the money were paid, Nigeria would have developed now. Gbemi Olajumoke, a tax consultant said that…
- 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,…
- 1 Nov 2017
Driving Automation Among Small Businesses Can Help Meet Nigeria’s Tax Goals
By peter oluka Comments from the International Monetary Fund (IMF) around Nigeria’s low tax-to-GDP ratio highlight the importance of driving higher levels of payroll and accounting automation among…
- 27 Aug 2012
Misfiring Report Accuses Tech Coys of Tax Evasion
A new report tagged “Masters of Tax Evasion” has chronicled the way in which huge companies around the world have avoided paying equal share of taxes over the years and in simple terms concluded that…
- 27 Aug 2024
Family of Detained Binance Executive, Raises Alarm Over Deteriorating Health, Rights Violations in Nigerian Custody
Family of Tigran Gamabryan, a Binance executive who has been detained by the Nigerian government, has raised serious concerns about his deteriorating health and the alleged violation of his rights as…
- 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…