Tax
Presidency silent over alleged discrepancies in gazetted tax laws
The Presidency is yet to respond to allegations of discrepancies between the tax bills passed by the National Assembly and...
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FIRS: New Tax Laws to Boost Competitiveness, Investment
The Federal Inland Revenue Service (FIRS) has said Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract...
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FIRS to Unveil Nigeria Tax Reform Acts November 10
The Federal Inland Revenue Service (FIRS) will on Monday, November 10, 2025, officially unveil the Nigeria Tax Reform Acts during...
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Tax Committee Clarifies Diaspora Concerns, Says Personal Remittances Not Taxable Under 2026 Reforms
The Presidential Fiscal Policy and Tax Reforms Committee has issued clarifications to address concerns raised by Nigerians in the diaspora...
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FIRS Orders 10% Withholding Tax on Short-Term Securities Interest
The Federal Inland Revenue Service (FIRS) has issued a directive requiring banks, stockbrokers, and other financial institutions to deduct a...
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FG Abolishes 5% Excise Duty on Telecom Services
The Federal Government has scrapped the five per cent excise duty previously imposed on telecommunications services, including voice calls and...
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Finance Minister : No Immediate Plan to Implement 5% Fuel Tax
The Federal Government has clarified that there is no immediate plan to implement the controversial 5% fuel tax, despite its...
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Nigeria’s New Tax Laws Take Effect January 2026: Key Reforms Explained
Nigeria is set to implement sweeping tax reforms on January 1, 2026, marking the most significant overhaul of the country’s...
Read moreFIRS Halts Issuance of Tax Exemption Certificates for All Entities
The Federal Inland Revenue Service (FIRS) has officially discontinued the issuance of tax exemption certificates across all categories of taxpayers,...
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IMF Pledges Support for FIRS Amid Ongoing Tax Reforms
The International Monetary Fund (IMF) has pledged continued support for the Federal Inland Revenue Service (FIRS) as it advances its...
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