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 …
Taxation
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BusinessCyber securityEconomyGOVERNMENTTaxationTechnology
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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 …
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BusinessEconomyGovernanceLawPoliticsTaxation
Dogara Says Tinubu’s Tax Reform Will Shape Nigeria’s Economic Future
Former Speaker of the House of Representatives, Yakubu Dogara, has described President Bola Tinubu’s tax reforms as the most ambitious economic overhaul in Nigeria in recent history. He predicted that …
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Anti-CorruptionEconomyGovernanceLawNigeriaPublic FinanceTaxation
FIRS and EFCC Strengthen Partnership to Boost Tax Compliance and Protect Public Revenue
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have renewed their pledge to work more closely together in order to strengthen Nigeria’s tax compliance …
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The Federal Government has announced that Tax Identification Numbers (Tax ID) will become compulsory for Nigerians and organisations involved in banking, insurance, stock trading, and other allied services starting from …