FIRS Explains Tax on Investment Income, Not Savings
The FIRS clarifies that the withholding tax on investment income is not new. It targets earnings from bonds and Treasury bills, not personal savings. Get the facts on Nigeria's tax reform.
Category : Search result: Nigerian manufactured goods tax
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.
Banks Set Jan 2026 Deadline for NIN, Tax ID Linking
Access Bank, Zenith Bank, UBA, and other Nigerian banks mandate customers to link NIN or Tax ID by January 1, 2026, or face account restrictions under new tax laws.
Nigeria suspends 15% import tax on fuel
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
Burberry Narrows Loss to £26M on Turnaround Strategy
British luxury brand Burberry slashed its first-half losses to £26 million, crediting its 'Burberry Forward' revival plan. Sales dipped 5% to £1.0 billion amid weak Chinese demand. Read more.
6 Tax Deductions Under Nigeria's New PIT Rules 2026
Discover 6 legitimate tax deductions under Nigeria's new Personal Income Tax rules effective January 2026. Learn how to reduce your taxable income legally and save money.
Oshiomhole: Don't Tax Nigerian-Made Beer, Goods
Senator Adams Oshiomhole argues for removing excise duty on locally produced goods like beer to boost Nigerian manufacturing. Read his compelling reasons and public reactions.
Nigeria's Tax Revolution: Act 2025 Changes Everything
Discover how Nigeria's groundbreaking Tax Administration Act 2025 promises unified tax procedures, enhanced transparency, and simplified compliance for businesses and individuals across the nation.
FG Appoints Nwabueze as Nigeria's Tax Ombudsman
Federal Government appoints Dr. Nwabueze as Tax Ombudsman to resolve taxpayer grievances and improve tax administration in Nigeria.
Wike: PDP Chairman Lacks Integrity, Just a Tax Collector
FCT Minister Nyesom Wike launches scathing attack on PDP's Acting National Chairman, Umar Damagum, accusing him of lacking integrity and being a mere tax collector in explosive political showdown.
Tinubu appoints new FIRS chairman for tax reform
President Bola Tinubu appoints Dr. Oluwatoyin Madein as new FIRS chairman in major tax administration overhaul to boost revenue generation.
50 Tax Exemptions Nigerians Can Claim Under New Laws
Discover how Nigeria's new tax reform laws bring financial relief to millions with 50 key exemptions - from essential goods to small business benefits.
FG Unveils 50 Tax Reliefs for New Fiscal Reforms
The Nigerian government has introduced 50 major tax exemptions and relief measures to protect citizens and businesses from the immediate effects of new fiscal reforms. Discover how these changes will affect you.
FG Releases 50 Tax Exemptions Nigerians Get From 2026
Nigerian government announces comprehensive tax relief package including 50 exemptions that will benefit individuals and businesses from 2026. Discover key benefits for manufacturing, agriculture, and everyday Nigerians.
Tinubu's 15% Petrol Tax Sparks Marketers' Outrage
Nigerian petrol marketers react strongly to President Tinubu's new 15% import tax policy, warning of severe consequences for fuel prices and economic stability across Nigeria.
NAFDAC: Violence Won't Stop Fake Goods Crackdown
NAFDAC remains resolute in fighting substandard products despite recent attacks on officials at Trade Fair Market. Agency promises intensified operations against fake goods.
Tinubu's ₦15 Fuel Levy Praised as Job Protection Move
Nigerian economic experts applaud President Tinubu's strategic ₦15 fuel import levy, calling it a revolutionary move to safeguard local jobs and boost economic sovereignty
France Rejects Wealth Tax Proposal in Budget Debate
French parliament votes against reinstating wealth tax during 2025 budget discussions, maintaining current tax policies that affect international economic relations.
Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall
The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.
Taxaide Technologies Appoints Emeka Obi to Board
Taxaide Technologies Limited, Nigeria's leading tax technology solutions provider, announces the strategic appointment of Emeka Obi to its Board of Directors, strengthening corporate governance and digital innovation.
Tinubu imposes 15% tariff on imported fuel
President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.
BIC Wins Legacy Brand Award at Marketing Edge Awards
Global stationery giant BIC has been honored with the Legacy Brand Award at the Marketing Edge Awards 2024, recognizing decades of market leadership and brand excellence in Nigeria's competitive consumer goods sector.
GTCO Records ₦900.8 Billion Profit in Q3 2024
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
FMCG Stocks Surge 200% in Nigerian Market Rally
Nigeria's FMCG sector experiences massive recovery as leading stocks deliver unprecedented returns, with some companies posting over 200% growth amid improved market conditions.
Milei's Economic Shock Therapy: Tax & Labour Reforms
Argentina's President Javier Milei unveils sweeping economic reforms targeting taxes, labour laws, and pensions in bold bid to rescue nation from crisis.
Nigeria Introduces ₦15,000 Travel Levy for 2025
The Nigerian government has announced a mandatory ₦15,000 levy on all international travelers departing from Nigerian airports beginning January 1, 2025. Discover how this new policy will affect your travel plans and what exemptions apply.
FIRS Grants First E-Invoicing Licence to Nigerian Firm
A pioneering Nigerian company has secured the Federal Inland Revenue Service's first-ever accreditation as an electronic invoicing provider, marking a major leap in the country's tax digitalization journey.
Meta Stock Plummets After ₦2.4 Trillion Tax Hit
Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.
FIRS Deepens Stakeholder Collaboration on Tax Reforms
Federal Inland Revenue Service intensifies collaboration with key stakeholders to drive comprehensive tax reforms, enhance revenue generation and boost economic development across Nigeria.
Judiciary Key to Nigeria's Tax Clarity - FIRS
FIRS Chairman Zacch Adedeji emphasizes judicial insight as crucial for resolving tax disputes and attracting foreign investment to Nigeria's economy.
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