Business

Dangote rejects NNPC bid to raise 7.25% stake

  • 14th May 2026

BoA assures pensioners of plans to clear outstanding

  • 14th May 2026

Agbaje downplays fintech rivalry as HabariPay boosts GTCO

  • 14th May 2026
Nigerian crypto firm convicted for illegal USDT-Naira transactions, forfeits N140m

EFCC arrests energy commission DG over alleged money

  • 14th May 2026

Contact Info

Some Populer Post

Nigeria’s inflation rose to 16.42% in April

Economy

PenCom grants PFAs waiver to invest in Dangote Refinery

Investment

OPEC+ plans gradual restoration of oil production quotas by

Oil and Gas

VIDEO: Victims loot XM ponzi office in Badagry after

featured Scams

Tag: Tax law

Policy and Regulations

Lagos assembly backs unified tax bill, seeks public awareness

The Lagos State House of Assembly on Tuesday advanced deliberations on the Harmonised Taxes and Levies (Approved List for Collection) Bill 2025, with lawmakers unanimously endorsing the unification of taxes across the state and calling for extensive public sensitisation. The bill, which passed second reading during plenary on Tuesday, aims to establish a legal framework […]

featured Finance

Mixed reactions trail January salary rise from tax law

Some workers have expressed mixed and largely underwhelming reactions to recent changes in their take-home pay following the implementation of new Personal Income Tax reforms, with many stating that the increases are marginal and insufficient to meaningfully alleviate economic pressures. The new tax reform laws introduce several adjustments to the Personal Income Tax regime. Individuals […]

featured News

Reps reject minority caucus tax laws probe report

The House of Representatives has rejected the report of an ad hoc committee constituted by the minority caucus to re-examine the recently enacted tax laws, stating that the action is procedurally improper and lacks official parliamentary backing. In a statement issued on Saturday by its spokesman, Akin Rotimi, the lower chamber explained that under its […]

Opinion

Misinformation fueling confusion over new tax law — APC chieftain

A chieftain of the All Progressives Congress in Osun State, Mr Olatunbosun Oyintiloye, has said that many Nigerians lack sufficient knowledge of the new tax laws. He stated that this lack of knowledge is causing widespread misrepresentation of the laws. Oyintiloye, a former lawmaker, made the remarks while speaking with newsmen on Sunday in Osogbo. […]

Economy featured

FG didn’t suspend tax law guidelines, Oyedele debunks rumours

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has denied reports suggesting that the Federal Government paused the issuance of implementation guidelines for the newly signed tax laws due to uncertainty. The report, published by a media organisation other than The PUNCH, claimed that the Federal Government halted the […]

Obi offers measures to prevent exit of multinational companies from Nigeria
featured Opinion

Suspend implementation of new tax laws, Obi tells FG

Former Anambra State Governor and 2023 Labour Party presidential candidate, Peter Obi, has called on the Federal Government to immediately suspend the implementation of Nigeria’s newly introduced tax laws, warning that the framework is riddled with fundamental flaws and lacks public legitimacy. Obi made the call in a statement shared on his verified X account […]

Nigeria's AfCFTA trade yet to reach pre-COVID levels — Report
Opinion

Ekiti traders urge Tinubu to suspend new tax policy

Some traders in Ekiti State have appealed to President Bola Tinubu to suspend the current tax policy, citing the harsh economic realities facing small business owners and low-income earners across the country. According to BusinessDay, the traders said the prevailing economic conditions had made it increasingly difficult for petty traders and informal sector operators to […]

featured Policy and Regulations

KPMG misunderstood new tax laws, says Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has defended the Nigeria Tax Act clarifying the policy intent behind the legislation and stating that KPMG Nigeria misunderstood the reform. Oyedele made the clarification in a statement issued on Saturday in response to KPMG’s analysis of the Nigeria Tax Act, in […]

featured Finance

KPMG flags gaps, risks in new tax laws

KPMG Nigeria has flagged what it describes as “errors, inconsistencies, gaps and omissions” in Nigeria’s tax laws that came into force at the beginning of this year. The professional services company warns that these issues could undermine the attainment of the tax reforms’ stated objectives if left unaddressed. The reforms, anchored on the Nigeria Tax […]

Business

North Central lead charge in Nigeria’s new tax reform drive

The North Central states, including Jigawa, Plateau, Kogi, Nasarawa, and Kwara, are taking active steps to implement the reforms and strengthen their revenue systems, As Nigeria rolls out its new tax laws. According to the Joint Revenue Board, these measures, backed by recently enacted laws and executive approvals, aim to boost internally generated revenue, improve […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in