Tax updates across Africa, simplified
Nigeria: FIRS Announces Three-Day IT Shutdown Ahead of 2026 Tax Compliance Overhaul. The Federal Inland Revenue Service (FIRS) has announced that it will shut down all information technology (IT) systems …
Nigeria: FIRS Announces Three-Day IT Shutdown Ahead of 2026 Tax Compliance Overhaul Read More
Small Companies in Nigeria Still Required to File Returns Under New 0% Tax Rule. The Federal Inland Revenue Service (FIRS) has clarified that small companies in Nigeria will still be …
Small Companies in Nigeria Still Required to File Returns Under New 0% Tax Rule Read More
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has stated that pastors, imams, and other religious employees are legally required to pay tax …
Nigeria Confirms PAYE Rules Apply to Pastors, Imam Read More
Nigeria Expands Tax Net to Cover Virtual Currencies Under New Fiscal Reform. Nigeria’s new tax reform framework will officially recognise and tax virtual currencies , including cryptocurrencies, as part of …
Nigeria Expands Tax Net to Cover Virtual Currencies Under New Fiscal Reform 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
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 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