The Federal Inland Revenue Service has said that Nigeria’s newly enacted tax laws are part of a broader plan to strengthen the country’s economic competitiveness, attract more investments and ensure …
Taxation
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BusinessEconomyFiscal PolicyGovernment PolicyNewsRegulationTaxation
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Climate ChangeEnergyEnvironmentGOVERNMENTPoliciesTaxation
National Assembly Reaffirms Commitment to Tax Reforms for Nigeria’s Energy Transition
The Speaker of the House of Representatives, Abbas Tajudeen, has said that the National Assembly will continue to push tax reforms as part of Nigeria’s long-term plan to support energy …
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BusinessEconomyEducationFinanceGovernment PolicyNational BudgetPersonal FinanceTaxation
Oyedele Says New 2026 Tax Reforms Will Cut Taxes for 98% of Nigerians
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has assured Nigerians that the new tax reform laws taking effect from January 2026 will reduce …
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BusinessCyber securityEconomyGOVERNMENTTaxationTechnology
Ogun Tax Chief Orders Strict Cybersecurity
The Executive Chairman of the Ogun State Internal Revenue Service (OGIRS), Olugbenga Olaleye, has directed all directors, zonal controllers, tax office managers, and heads of units to ensure strict compliance …
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BusinessEconomyFinanceGovernanceSMEsTaxation
FG to Begin New Tax Acts in 2026, Promises Broad Consultation with Businesses – Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has assured that the Federal Government will maintain open consultation with business leaders and stakeholders ahead of …
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BusinessCapital MarketEconomyFinanceGovernment PolicyTaxation
FIRS Orders Banks and Financial Institutions to Deduct 10% Withholding Tax on Treasury Bills
The Federal Inland Revenue Service (FIRS) has directed banks, stockbrokers, and other financial institutions in Nigeria to begin deducting a 10 per cent withholding tax on interest earned from short-term …
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BusinessEconomyFinanceGOVERNMENTNigeriaTaxation
FIRS Collects Record N47.39tn in Two Years Under Zacch Adedeji
The Federal Inland Revenue Service (FIRS) has achieved a record N47.39 trillion in tax revenue between October 2023 and September 2025 under Chairman Zacch Adedeji, surpassing its target by 15% …
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BusinessEconomyGovernanceTax & RevenueTaxation
Ogun Revenue Chief Backs Tax Enforcement to Curb Non-Compliance and Boost State Income
The Executive Chairman of the Ogun State Internal Revenue Service (OGIRS), Mr. Olugbenga Olaleye, has said that tax enforcement remains a crucial part of Nigeria’s tax system, especially in the …
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BusinessEconomyFinanceGovernment PolicyLawNigeriaPublic ServicesRegulationTaxation
Nigeria’s New Tax Law Takes Effect in 2026, Sets N800,000 Income Threshold and N100 Million Turnover for Companies
Nigeria’s new tax reform law has been officially signed and will take effect from the 2026 fiscal year. The new law introduces several changes aimed at improving compliance, easing the …
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Economic DevelopmentFinanceGovernanceTaxationTechnology
Ekiti Commends SoftAlliance for Driving Revenue Growth with Digital Tax Solutions
Ekiti State government has commended its technology partner, SoftAlliance, for playing a major role in modernising the state’s revenue collection system through its flagship digital solutions, SoftTax and the Central …