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.
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.
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.
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.
Prominent lawyer Steve Daniel calls for urgent reforms in Nigeria's judiciary, emphasizing the critical need for an independent justice system to combat corruption and ensure fair trials for all citizens.
The Peoples Democratic Party's National Working Committee has thrown its weight behind Acting National Chairman Umar Iliya Damagum while establishing a high-powered reconciliation committee to heal party divisions ahead of crucial elections.
Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.
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.
Federal Government appoints Dr. Nwabueze as Tax Ombudsman to resolve taxpayer grievances and improve tax administration in Nigeria.
President Bola Tinubu appoints Dr. Oluwatoyin Madein as new FIRS chairman in major tax administration overhaul to boost revenue generation.
President Bola Tinubu requests Senate approval for ₦1.15 trillion domestic borrowing to fund infrastructure projects and economic development initiatives across Nigeria.
As Nigeria faces critical economic challenges, experts argue that deep structural reforms and consistent policies matter more than political grandstanding for sustainable development.
Discover how Nigeria's new tax reform laws bring financial relief to millions with 50 key exemptions - from essential goods to small business benefits.
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.
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.
Prominent Islamic scholar Sheikh Ahmad Gumi calls on President Tinubu to summon US ambassador following Donald Trump's controversial threat against Nigeria during presidential debate.
Wale Edun promises transformative economic measures as Nigeria faces currency volatility and fiscal challenges ahead of 2025 budget presentation.
French parliament votes against reinstating wealth tax during 2025 budget discussions, maintaining current tax policies that affect international economic relations.
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.
Nigeria's ruling party defends President Tinubu's decision to review presidential pardon list, calling it a demonstration of institutional strength amid political scrutiny.
Anambra State has emerged as Nigeria's top-performing state in fiscal management, according to the latest state performance ranking report. Discover which states made the top five and how your state performed.
Argentina's President Javier Milei unveils sweeping economic reforms targeting taxes, labour laws, and pensions in bold bid to rescue nation from crisis.
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 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.
President Bola Tinubu's controversial state pardon list has ignited nationwide criticism. Discover the complete list of beneficiaries and why Nigerians are demanding transparency.
President Bola Tinubu has approved a sweeping clemency initiative affecting hundreds of inmates nationwide. Get the complete breakdown of this landmark presidential action and see who made the list.
Anambra State emerges as Nigeria's top performer in fiscal transparency and efficiency according to BudgIT's 2025 State of States report, outperforming all 35 other states in financial management.
President Tinubu makes decisive move in pardon review, blocking convicts of serious crimes like drug trafficking, human trafficking, and kidnapping from receiving presidential clemency in latest executive action.
Prominent Adamawa political figure announces presidential ambition for 2027 elections, promising transformative leadership and national unity.
Federal Inland Revenue Service intensifies collaboration with key stakeholders to drive comprehensive tax reforms, enhance revenue generation and boost economic development across Nigeria.
FIRS Chairman Zacch Adedeji emphasizes judicial insight as crucial for resolving tax disputes and attracting foreign investment to Nigeria's economy.