Category : Search result: tax increase


Spotify US Price Increase 2026: Nigeria Impact

Spotify plans US subscription price increases in 2026. Nigerian users currently enjoy one of the world's cheapest Premium plans at ₦1,600 monthly. Learn what this means for Nigeria's pricing future.

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.

Manufacturers Spend N676.6bn on Power Generators

Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.

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.

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.

Boeing Strike Ends: Workers Accept New Contract

Boeing defense workers in the US have ended a three-month strike, securing a major wage increase. Discover the details of the new agreement and what it means for the aviation industry.

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