Business

NIPCO to build 20 CNG stations across Nigeria

  • 5th March 2026

Modular refineries could ease diesel shortages – CORAN

  • 5th March 2026

NGX RegCo warns investors against speculative trading practices

  • 4th March 2026

Corporate Income Tax rises to N2.96tn in Q3

  • 4th March 2026

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NIPCO to build 20 CNG stations across Nigeria

Business

Modular refineries could ease diesel shortages – CORAN

Business

National Single Window to boost Nigeria’s trade ecosystem –

Maritime

Liquidity tightens as CBN withdraws N13.41tn from financial system

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Tag: Tax

Policy and Regulations

ICYMI: FG bans cash tax collection, roadblocks nationwide

The Federal Government on Tuesday formally prohibited cash collection of taxes and banned the mounting of roadblocks for revenue enforcement. This forms part of fresh regulations to implement Nigeria’s new tax laws nationwide. The disclosure was made in Abuja by the Executive Secretary of the Joint Revenue Board, Mr Olusegun Adesokan, during the signing of […]

Business

Benin Republic offers zero taxes to attract Nigerian manufacturers

The Republic of Benin is pitching sweeping tax exemptions and fast-track company setup to Nigerian manufacturers seeking to cut costs and access regional markets. At the Benin-Nigeria Business Forum in Lagos on Wednesday, Eric Akouche, CEO of Benin’s Agency for the Promotion of Investments and Exports, said the country has deliberately stripped away most of […]

Finance

NRS accredits Pillarcraft to support digital tax compliance

Pillarcraft Cloud Solutions has been accredited as a System Integrator for Nigeria’s new e-invoicing regime, a development that highlights the Federal Government’s intensified push for digital tax compliance and places increased pressure on companies to align their accounting systems with the Nigeria Revenue Service reporting platform. The company confirmed the approval in a statement issued […]

Transportation

UK black cab drivers get relief as VAT loophole ends

Black cab drivers in London have received a significant boost following a government decision to close a tax loophole that allowed large app-based minicab companies to undercut traditional taxi operators. Under the new arrangement, private hire operators in London will no longer be permitted to use a specialist tour operator tax scheme that previously enabled […]

Finance

Nigeria has less than 10m taxpayers — Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has disclosed that Nigeria has fewer than 10 million active individual taxpayers, a situation he said reflects the country’s narrow tax base and highlights the urgent need for data-driven fiscal reforms, particularly at subnational levels. Oyedele made the disclosure on Tuesday while […]

FIRS announces new TAXPR-MAX platform for CbCR
News

France has no access to Nigerian tax data – FIRS

Nigeria’s Federal Inland Revenue Service has said a tax cooperation agreement signed with France does not grant foreign authorities access to Nigerian taxpayer data or digital systems, following public commentary on the deal. FIRS, in a statement on Saturday, said the Memorandum of Understanding with France’s Direction Générale des Finances Publiques does not provide France […]

Business

Joint Tax Board begins transition, unveils new brand identity

The Joint Tax Board has begun its transition ahead of implementing Nigeria’s new tax laws, unveiling a refreshed brand identity in Abuja. This follows President Bola Tinubu’s signing of the Joint Revenue Board of Nigeria (Establishment) Act 2025 on June 26, which replaces the current Joint Tax Board with a new Joint Revenue Board effective […]

Seven banks paid N392.53bn in taxes in first half of 2024
Finance

FG unveils committee for fair capital gains tax rollout

The Federal Government has inaugurated the National Tax Policy Implementation Committee, signifying a deliberate shift towards a more predictable and market-aligned rollout of the newly enacted capital-gains-tax provisions. This initiative follows extensive technical engagements with key capital-market institutions, including the Securities and Exchange Commission and Nigerian Exchange Group. The action reflects policymakers’ recognition of the […]

Bill for tax crimes commission passes second reading
Business

NEPZA requests 10-year tax relief for free-zone operators

The Nigeria Export Processing Zones Authority has urged the Federal Government to grant a 10-year tax relief to all operators within the Special Economic Zones. The authority warned that failure to implement this transitional relief could undermine investor confidence and trigger disruptions across the free-zones ecosystem. This appeal comes barely one month before the scheduled […]

featured Finance

ICYMI: Pastors, Imams must pay personal tax — Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that pastors, imams, and other religious workers are liable to pay tax on the salaries they earn from religious institutions. Speaking on the podcast ‘Mic On’, Oyedele stressed that while churches, mosques, and other religious bodies are exempt from […]

Seven banks paid N392.53bn in taxes in first half of 2024
Business

FG stops pioneer status applications for new tax scheme

The Federal Government has officially stopped receiving applications for the Pioneer Status Incentive, effective November 10, 2025. This cessation means that corporate organizations will no longer be able to enjoy the initial three-year tax-free incentives for new businesses under the existing scheme. The Nigerian Investment Promotion Commission stated that this step is part of the […]

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