Category : Search result: SanwoOlu tax harmonisation


98% of Nigerian Workers Exempt from Income Tax

Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.

LIRS Promotes Tax Education in Lagos Schools

Lagos Inland Revenue Service partners with DKK to host Tax Trybe debate competition, educating students about taxation importance and creating future tax ambassadors.

FIRS Counters Atiku on Tax Collection Claims

FIRS refutes Atiku Abubakar's claims about revenue collection monopoly, explaining its multi-provider system. Learn the facts about Nigeria's transparent tax framework.

RMAFC Probes Electronic Transfer Levy 2019-2022

Nigeria's RMAFC investigates Electronic Money Transfer Levy disbursements from 2019-2022 to ensure transparency and accountability in revenue collection for all government tiers.

Shoprite refutes Lagos store sealing claims

Shoprite Nigeria clarifies false reports about outlet sealing at The Palms Lekki. Company confirms ongoing tax reconciliation with Lagos IRS while maintaining operational normalcy. Read official statement.

Nigeria to Tax Cryptocurrency Under New Law

Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.

Banks Notify Customers on 10% Withholding Tax

Nigerian banks are informing customers about FIRS enforcing 10% withholding tax on fixed-income securities interest. Learn how this affects your investments and which instruments remain exempt.

Nigeria at Risk of Debt Crisis, Experts Warn

Financial experts warn Nigeria risks another debt crisis without urgent reforms. Learn about the critical measures needed to stabilize the economy and prevent financial distress.

FIRS Names Xpress Payment as Official TSA Agent

Federal Inland Revenue Service appoints Xpress Payment Solutions as TSA collecting agent. Taxpayers can now remit Company Income Tax, VAT via TaxPro Max platform. Read more.

KASU Don Tasks NIESV Kaduna on New Tax Laws

Dr. Isuwa Dauda of KASU has urged Kaduna estate surveyors to embrace Federal Government's 2025 Tax Reform Act for client and government benefits during Ishaq Ayodeji Bello's investiture.

Stock Market Dips 1.7% on Tax Jitters

The Nigerian stock market fell sharply last week, losing N1.5 trillion as panic selling over a proposed capital gains tax caused a major sell-off. Discover the key winners and losers and what's next for investors.

New Capital Gains Tax Rules Protect Small Investors

Federal Government clarifies new progressive Capital Gains Tax rates from 0% to 30% starting January 2026. Small investors get exemptions while large corporations face higher rates. Learn how this affects your investments.

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