Tax updates across Africa, simplified
Earlier today, Thursday, June 26th, 2025, President Bola Ahmed Tinubu signed into law four transformative tax bills aimed at modernizing Nigeria’s revenue framework, enhancing ease of doing business, and boosting …
What You Should Know About the Newly Signed Nigerian Tax Laws Read More Nigeria: Tinubu to Sign Four Tax Bills into Law. Nigeria is on the brink of a significant tax reform milestone, as President Bola Ahmed Tinubu is scheduled to sign four …
Nigeria: Tinubu to Sign Four Tax Bills into Law Today, June 26, 2025 Read More
Tax System in Nigeria Gets Overhaul as FIRS Launches Uniform SOP. In a major step towards enhancing tax administration in Nigeria, the Federal Inland Revenue Service (FIRS) has officially launched …
Tax System in Nigeria Gets Overhaul as FIRS Launches Uniform SOP for Nationwide Consistency Read More
In a move designed to attract investment and reduce production costs in Nigeria’s oil sector, President Bola Tinubu has signed an executive order that ties tax relief to cost-cutting performance …
Nigeria Introduces Tax Relief Framework to Boost Oil Sector Efficiency Read More
Nigeria Faces FX Reserve Threat. A proposed 5% tax on foreign remittances by United States residents has raised concerns in Nigeria, with tax analysts and financial experts warning that the …
Nigeria Faces FX Reserve Threat as Proposed U.S. Remittance Tax Raises Red Flags, May Spur Informal Transfers Read More
Nigeria Tops Shell’s Global Government Payment Chart . Despite a changing energy landscape and ongoing divestments, Nigeria remains Shell PLC’s largest recipient of government payments among all countries where the …
Nigeria Tops Shell’s Global Government Payment Chart with Over $5.3 Billion Remitted Read More
Taxation in Nigerian telecom sector has returned to the spotlight as the 2024 Finance Bill, recently passed by the Senate, proposes a reinstatement of the 5% excise duty on telecommunications …
Taxation in Nigerian Telecom Sector: Mulls Reintroduction of 5% Telecom Tax Read More
Nigeria Postpones Binance $81.5bn Tax Trial to April 30. A Federal High Court in Nigeria has adjourned proceedings in the high-profile tax case against cryptocurrency giant, Binance Holdings Ltd., to …
Nigeria Postpones Binance $81.5bn Tax Trial to April 30, 2025 Read More
Nigeria has officially gazetted and transmitted its ECOWAS Schedule of Tariff Offers to the African Continental Free Trade Area (AfCFTA) Secretariat. This move is a significant marker of Nigeria’s commitment …
Nigeria Gazettes ECOWAS Tariff Schedule, Deepens Commitment to AfCFTA Trade Framework Read More
The Nigeria Customs Service (NCS) has announced a tax exemption for key raw materials used in the production of healthcare products, removing both import duties and Value Added Tax (VAT) …
Nigeria Grants Tax Relief on Healthcare Raw Materials to Lower Costs Read More