Bank Services VAT is Not New - FG
The Federal Government said on Thursday that value-added tax on banking services is not a new policy, after reports suggested the levy had recently been introduced on electronic money transfers and other transactions.
The clarification followed public complaints...
Tax Reform to Protect Low-income Nigerians - Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that small-scale investors in the capital market are fully exempted from paying capital gains tax, while the 2026 tax reform law...
A striking feature of Nigeria's current economic debate is the enthusiasm with which huge numbers are circulated—and the casualness with which they are assembled.
From FIRS to NRS: The Future of Revenue in Nigeria, by Arabinrin Aderonke
As we close the curtains on the Federal Inland Revenue Service (FIRS) this 2025 and officially welcome the Nigeria Revenue Service (NRS) in 2026, we can see this moment as a change...
How Nigerian Businesses Can Now Pay Taxes More Easily: A Step-by-Step Guide Every Taxpayer Should Know
As Nigeria intensifies efforts to expand its revenue base and improve economic stability, understanding how to pay taxes correctly has become more important than ever.
Many businesses still struggle with...