Tag: Tax reform

Finance

Multiple taxes threaten survival, growth, private sector warns

The Organised Private Sector of Nigeria has called for urgent economic and regulatory reforms. It warned that mounting tax and regulatory pressures are threatening the survival and growth of businesses across the country. The call was made at the OPSN strategy meeting held on Friday. The Chairman of OPSN, Jani Ibrahim, spoke at the meeting. […]

Opinion

NANS endorses tax reform law, cancels planned protest

The National Association of Nigerian Students has declared its support for the newly enacted Tax Reform Law, describing the legislation as a well-meaning fiscal policy targeted at strengthening Nigeria’s economy while offering protection to low-income earners. The endorsement followed wide-ranging deliberations at the maiden Expanded National Executive Council (ENEC) meeting of the association, themed “National […]

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

New tax regime sparks tension in Nigeria’s maritime sector

There is growing unease among freight forwarding practitioners in Nigeria’s maritime sector following the commencement of the new tax regime on Thursday, January 1, 2026. Several agents disclosed that some shipping lines have already begun holding meetings to consider possible increases in freight charges, according to The Punch. From January 1, 2026, the Federal Government […]