Tax updates across Africa, simplified
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
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
Nigeria Banks Resume International Transactions on Naira Cards. In a move that reflects growing confidence in Nigeria’s foreign exchange reforms and broader fiscal environment, Nigerian banks have resumed international transactions …
Nigeria Banks Resume International Transactions on Naira Cards Amid Renewed FX Stability Read More
Nigeria: IMF Endorses New Tax Law. Following the signing into law of the Nigerian Tax Law last week, the International Monetary Fund (IMF) expressed support for Nigeria’s sweeping tax reforms, …
Nigeria: IMF Endorses New Tax Law, Flags Delay in Revenue Impact Read More
Nigeria Signs Double Taxation. Late last week, Nigeria and Rwanda took a bold step toward strengthening fiscal cooperation by signing an agreement on the Avoidance of Double Taxation and Prevention …
Nigeria Signs Double Taxation Treaty with Rwanda Read More