Tax updates across Africa, simplified
Nigeria’s Top Corporates Remit N2.55 Trillion CIT in 9 Months. Nigeria’s largest listed companies, popularly known as SWOOTs (Stocks Worth Over One Trillion Naira), have collectively paid N2.55 trillion in …
Nigeria’s Top Corporates Remit N2.55 Trillion CIT in 9 Months Read More
Nigeria Partners with Over 100 Countries to Track Remote Workers’ Global Income. Nigeria has officially entered into information-sharing agreements with more than 100 countries to identify and track the global …
Nigeria Partners with Over 100 Countries to Track Remote Workers’ Global Income Read More
Nigeria to Grant 50 Tax Exemptions for Low-Income Earners and SMEs from 2026. Nigeria’s Presidential Fiscal Policy and Tax Reforms Committee has announced a landmark tax relief package, unveiling 50 …
Nigeria to Grant 50 Tax Exemptions for Low-Income Earners and SMEs from 2026 Read More
This article was contributed by Bwalya Chilufya-Musonda and Joshua Mwamulima (Partners), and Mwansa Nachula and Precious Mwansa-Chisha (Associates) at Bowmans Zambia.The authors analyse Zambia’s 2026 National Budget and its far-reaching …
Zambia’s 2026 Budget: New Tax and Business Reforms Strengthen Transparency and Compliance Read More
Nigeria Enforces 10% Withholding Tax on Short-Term Investment Interest. The Federal Inland Revenue Service (FIRS) has directed banks, stockbrokers, and financial institutions to begin deducting a 10% withholding tax (WHT) …
Nigeria Enforces 10% Withholding Tax on Short-Term Investment Interest Read More
Nigeria’s Capital Gains Tax Reform. Recently, investors have expressed growing frustration after a recent virtual engagement with Taiwo Oyedele, Chairman of Nigeria’s Presidential Committee on Fiscal Policy and Tax Reforms. …
Nigeria’s Capital Gains Tax Reform Sparks Concern Among Foreign Investors Read More
Nigeria is set to triple the Capital Gains Tax (CGT) on profits earned by foreign investors trading in local equities — from 10% to 30%, effective January 2026. The new …
Nigeria to Raise Capital Gains Tax on Foreign Equity Investors to 30% by 2026 Read More
The Federal Inland Revenue Service (FIRS) has issued a stern directive to banks, discount houses, stockbrokers, bond issuers, market makers, and government agencies, mandating strict compliance with withholding tax rules …
Nigeria: Banks and Agencies to Enforce Withholding Tax on Short-Term Securities Read More
Nigeria Crosses Mid-Year Tax Milestone. Nigeria has recorded a remarkable leap in tax revenue collection for the first half of 2025, exceeding half of its annual target despite challenges in …
Nigeria Crosses Mid-Year Tax Milestone, Hits Over ₦14 Trillion in Revenue Read More
Nigeria Moves to Strengthen Tax Compliance Through Strategic Agency Synergy. In a renewed effort to enhance Nigeria’s tax system, the Federal Inland Revenue Service (FIRS) and the Office of the …
Nigeria Moves to Strengthen Tax Compliance Through Strategic Agency Synergy Read More