New N50 Stamp Duty on Bank Transfers Starts Jan 1
Nigerians will pay a new N50 government levy on electronic transfers above N10,000 from January 1, 2026. Learn how it works and its impact on your finances.
Category : Search result: electronic transaction tax
FG: New Tax Laws to Support Airlines, Not Harm Them
The Presidential Tax Committee clarifies that new tax reforms will aid Nigerian airlines by removing burdensome charges and improving cash flow, countering Air Peace CEO's warning of soaring fares.
New Tax Laws Will Help Airlines - Oyedele
Taiwo Oyedele clarifies that Nigeria's new tax reforms from Jan 1, 2026, will reduce airline costs, not increase them. Key burdens like withholding tax on leases are removed.
Court Hears Suit to Stop New Tax Law Implementation
An Abuja High Court has begun hearing a suit seeking to halt Nigeria's new tax regime set for January 1, 2026. The case challenges the validity of key tax reforms. Read the latest details.
Nigeria's 2026 Tax Reform: Truth vs. Viral Lies
As Nigeria's new tax law takes effect Jan 1, 2026, we separate fact from fiction on income tax, bank alerts, and gifts. Most Nigerians will pay less or nothing.
Tax Reforms on Track for January 1 Implementation
The Federal Government confirms Nigeria's major tax reform laws will take effect as scheduled on January 1, 2026. The changes promise relief for 98% of workers and 97% of small businesses. Get the full details.
Kano Bans Cash Tax Payments from January 2026
Kano State will enforce digital-only tax payments from 2026 to curb revenue leakages. Experts urge public embrace of reforms for economic growth. Learn more.
Lagos to Cut Taxes from 65 to 9 in Major 2026 Reform
Lagos State plans a sweeping tax overhaul, reducing levies from 65 to just 9 by 2026. The reform aims to ease business burdens and boost compliance. Learn what's changing.
January Tax Reforms Face Uncertainty Over Alteration Claims
Nigeria's planned January tax reforms face mounting opposition from lawmakers, labour, and civil society over allegations of unauthorised alterations. Calls grow for suspension pending investigation. Read more.
Fact Check: Muslim Tax Exemption Claim Debunked
A viral claim by cleric Ezekiel Dachomo that Muslims are exempt from Nigeria's new tax laws has been fact-checked. Get the full details and official verdict here.
Lagos Can Raise ₦1 Trillion Annually from Property Tax
Tax Reforms Chairman Taiwo Oyedele says Lagos State can unlock ₦1 trillion yearly from property taxes with better data and legal harmonisation. Governor Sanwo-Olu commits to implementation.
Bank Transfer Costs to Rise in Nigeria from 2026
Starting January 2026, Nigerians will pay higher charges for online transfers as the government reintroduces stamp duty. Find out how this policy shift will impact your wallet.
Tax Reforms Chief Denies Bank Account Freeze Rumours
Taiwo Oyedele dismisses false claims that accounts without TIN will be frozen in 2026. Get the facts and avoid misinformation about Nigeria's tax reforms.
Accountant Warns of Heavy Fines for Tax Defaulters in 2026
A Nigerian accountant's viral TikTok post details severe penalties for individuals and businesses who fail to file taxes under the new law taking effect in 2026. Learn the fines and public reaction.
Remote Worker Rejects New Tax Law Ahead of 2026
A Nigerian remote worker voices frustration over the new tax law set for 2026, citing lack of basic infrastructure. Read her viral complaints and public reaction.
Tax Reforms Delay Will Keep 98% of Workers Overtaxed - Oyedele
Taiwo Oyedele warns that failure to implement new tax laws by January 1, 2026, will leave 98% of Nigerian workers overtaxed. He urges targeted amendments, not suspension.
Nigerian Tax Law FAQs for 2026 Explained
Get clarity on Nigeria's new tax reforms starting January 2026. We answer 25 common questions on rates, exemptions, and how it affects you. Stay informed and compliant.
Opposition Parties Demand Halt to Tax Laws Over Tampering
Nigeria's PRP and ADC call for immediate suspension of new tax laws, alleging post-passage alterations. They warn of threats to democracy ahead of January 2026 implementation. Read full details.
FG Targets N2b Savings as MDAs Go Paperless
The Federal Government projects over N2 billion savings in 2026 through digital workflows. MDAs face a paperless deadline, cutting stationery costs and boosting transparency. Read more.
FG to Save N2bn as MDAs Go Paperless by 2025
The Federal Government projects savings exceeding N2 billion in 2026 as Ministries, Departments, and Agencies transition to a fully digital Electronic Content Management system, eliminating paper-based processes.
ADC Alleges Forgery in Tinubu's Tax Laws
The ADC accuses President Tinubu of inserting draconian clauses into 2025 tax laws via forgery, demanding immediate suspension and a public inquiry. Read the full details.
House Approves Jail, 10-Year Ban for Vote Buyers
Nigeria's House of Representatives has passed stricter penalties for electoral offences, including jail terms and a 10-year election ban for vote buyers. The reforms also mandate real-time electronic transmission of results.
Boy Fakes Kidnapping, Extorts N1.7m from Mother
Lagos police arrest five suspects, including a 15-year-old boy, for staging a fake kidnapping to extort N1.7 million ransom from his mother. Full details of the elaborate scam revealed.
Controversy Hounds Nigeria's 2026 Tax Reform Implementation
Nigeria's ambitious tax reforms set for January 2026 face fierce opposition over alleged post-passage alterations, constitutional breaches, and public mistrust. Will the promises hold?
Agriculture Ministry Launches Digital Document System
Minister Kyari launches Electronic Document Management System to boost transparency, efficiency, and support Nigeria's goal of a fully digital civil service by 2030.
Tax ID Enforcement 2026: 12 Facts for Nigerians
Confused about the Tax ID enforcement starting January 2026? Get the clear facts on who needs it, how to register, and what it means for your bank account. Don't panic, get informed.
Opposition Demands Suspension of New 2026 Tax Regime
The National Opposition Movement warns Nigeria's new tax regime will deepen poverty. They demand immediate suspension and nationwide consultations. Read the full story.
Customer Warns Banker Over 2026 Family Tax Deductions
A Nigerian banker reveals a customer's threatening message about the new 2026 Tax Act. See the viral 'wahala' and public reactions to the impending tax reforms.
House of Reps Faces Confusion Over Constitutional Amendment Vote
The House of Representatives is in confusion over the voting process for the 1999 Constitution amendment. Speaker Abbas and Deputy Speaker Kalu gave conflicting signals on electronic voting readiness. Read the latest.
Tinubu Explains Hidden Benefits of New 2026 Tax Laws
President Bola Tinubu assures Nigerians the 2026 tax regime will ease burdens on the poor and small businesses, exempting essentials like food and medicine. Discover the full details.
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