Naira Weakens Against Dollar in Official, Black Markets
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
Category : Search result: corporate tax rate reduction
AI's Role in Fixing Nigeria's Tax Trust Deficit
Nigeria's new 2025 tax reforms face public skepticism. This analysis explores how Artificial Intelligence, not just policy changes, can build trust by ensuring transparency in revenue collection and spending.
New Tax Law 2025: What Nigerian Workers Must Know
Nigeria's comprehensive Tax Act 2025 takes effect Jan 1, 2026. This guide explains new rates, deductions, and how to calculate your tax as a salary earner or freelancer.
Egbe-Idimu Council Boss Empowers Skills Graduates
Egbe-Idimu LCDA Chairman Idris Balogun empowers 500 skills acquisition graduates with tools and N100,000 cash each, marking 100 days of 'Renewed Hope Agenda'.
FG Distributes 4,000 Electric Tricycles to Youths
President Tinubu unveils 4,000 electric tricycles & motorcycles to slash transport costs by 40%, boost youth employment, and reduce carbon emissions in Nigeria. Read more.
Nigeria to Cut CGT and Corporate Tax Rates in 2026
Federal government confirms plans to reduce Capital Gains Tax from 30% to 25% and Corporate Income Tax from 30% to 25% in 2026. Tax reforms to boost business profitability and attract investments.
98% of Nigerian Workers Exempt from Income Tax by 2026
Tax reforms chairman Taiwo Oyedele reveals 98% of Nigerian workers will be exempt from personal income tax starting January 2026. Small businesses also get VAT relief. Learn how this affects you!
Doro's New Approach to Nigeria's Humanitarian Crises
Dr. Bernard Doro's revolutionary strategy shifts Nigeria's humanitarian response from charity to systemic prevention. Can his technocratic reforms outpace the nation's crises?
Ogun Govt Commits to Fixing Ota Roads After Protest
Ogun State Government has reaffirmed commitment to rehabilitating major roads in Ota following NBA protest. Government warns against political blackmailers while revealing HIV/AIDS progress.
AI Tool to Reduce Nigeria's Case Backlog by 40%
LawPavilion's new AI system promises to transform Nigeria's justice system, potentially clearing over 600,000 backlogged cases within three years through advanced legal technology.
New Nigerian Tax Guide: Register, Pay via Approved Channels
Learn the new digitised tax process for Nigerian businesses. Register on TaxPro-Max, generate assessments, and pay via approved channels like Flutterwave and Remita. All funds go to CBN.
CBN: Economy Improving But More Work Needed
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
Eruku CAC Holds First Service After Bandit Attack
Christ Apostolic Church in Eruku resumes services after deadly bandit attack that killed 3, kidnapped 38. Heavy security deployment follows presidential directive.
LAPO Donates Lab Equipment, Books to Schools
LAPO empowers Nigerian students through educational support, scholarships, and science competitions to combat poverty and improve learning standards nationwide.
Simplified Digital Tax Payment Guide for Nigerian Businesses
Learn how Nigerian businesses can now pay taxes easily through the fully digital TaxPro Max system. This guide explains the secure process, approved payment channels, and benefits for national development.
New Simple Tax Process Every Nigerian Must Know
Discover Nigeria's simplified tax payment process using TaxPro Max. Learn how businesses and individuals can now pay taxes quickly and securely through digital platforms.
Calculate Your Salary Tax in Nigeria: 2026 Guide
Learn how to calculate PAYE tax on your Nigerian salary in 2026. Understand tax bands, reliefs, and get step-by-step calculation examples for financial clarity.
Trump's Ukraine Peace Plan Requires Land Concessions
White House reveals 28-point peace proposal requiring Ukraine to cede territory to Russia and limit military size. Plan includes NATO restrictions and territorial recognition.
COP30: Brazil Seeks Consensus on Fossil Fuel Phase-Down
At COP30 in Belém, Brazil's President Lula urges global climate action, fossil fuel reduction, and climate justice. World leaders must commit to emissions cuts now.
Ukraine to Work with US on Russia War End Plan
Ukraine agrees to develop US-drafted peace plan with Russia. Proposal includes territorial concessions and military reductions. Zelensky to discuss with Trump.
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.
Naira falls to N1,454/$ despite $46.7bn FX reserves
Naira declines against US dollar despite Nigeria's foreign reserves reaching $46.7bn, a seven-year high. CBN Governor confirms economic improvements amid inflation slowdown. Read more.
Bill to Reduce Senate, Governorship Age to 30 Passes Reading
Nigeria's House of Representatives advances bill to lower eligibility age for senators and governors from 35 to 30 years. Constitutional amendment could reshape youth political participation.
Dangote Refinery Takes Credit for Petrol Price Cut
Dangote Petroleum Refinery asserts responsibility for recent petrol pump price reduction, citing gantry price cuts independent of government tariff reversal. Read full details.
Petrol Price Cut: NNPC Sells at N910 in Lagos
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
No New Tax on Nigerian Savings - Analyst Clarifies
Financial analyst Omowunmi Samuel clarifies FIRS is not taxing savings, only interest income. Learn the facts about Nigeria's tax policy and avoid misinformation.
US-Switzerland Tariff Deal: Rates Slashed to 15%
The United States and Switzerland have finalized a trade pact, significantly reducing tariffs from 39% to 15%. Get the full details on this major economic development.
No New Tax on Nigerian Savings - Expert Explains
Financial analyst Omowunmi Samuel clarifies Nigeria is not introducing new taxes on savings. FIRS only enforcing existing law on investment interest. Get the facts now!
Ghana Scraps Covid Levy, Cuts VAT to Boost Economy
Ghana abolishes its Covid-19 Health Recovery Levy and reduces VAT to stimulate growth, returning GHS 5.7 billion to citizens. A tragic stampede at a military recruitment event in Accra leaves six dead.
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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