Category : Search result: tax collection


DisCos Record N45b Revenue Shortfall in September 2025

NERC data reveals electricity distributors collected N196.26b of N241.54b billed in September 2025, creating N45.28b shortfall. Collection efficiency improved to 81.25%. Discover which DisCos performed best.

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

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.

FIRS Dismisses Atiku's Xpress Payments Allegations

FIRS counters Atiku Abubakar's claims about Xpress Payments in TSA framework, calling them incorrect and misleading. Read the full details of this political dispute over revenue collection.

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.

Lagos trains health workers on SGBV forensic care

Lagos State Ministry of Health has trained senior doctors and health workers on forensic evidence collection and timely clinical management for SGBV survivors to strengthen justice delivery and survivor-centred care.

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.

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