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.
Nigerian lawmakers demand suspension of WAEC's computer-based testing for 2026 WASSCE, citing inadequate infrastructure in schools that could lead to mass student failure. Read full details.
The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.
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.
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.
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.
Turkish football faces moral crisis as over 1,000 players suspended in betting scandal. National team defender among those implicated. Read full details.
The PPDC transforms Nigeria's justice landscape through groundbreaking legal aid initiatives, securing freedom for thousands and driving systemic reforms nationwide.
The Peoples Democratic Party in Ebonyi State faces deepening turmoil as multiple leaders face suspension, threatening the party's unity ahead of crucial elections.
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.
Nigeria's electoral commission officially notified of Senator Samuel Anyanwu's suspension from PDP amid internal party crisis. Key details about the political implications and INEC's role in party administration.
In a bold move against security threats, Akwa Ibom State Government suspends village head over alleged terrorism involvement. Full details of the suspension and government's security crackdown.
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.
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.
Breaking: UEFA imposes shocking 5-year ban on clubs from European competitions. Discover which teams are affected and why this historic decision was made.
Nigeria's main opposition party PDP plunges into fresh turmoil as Nyesom Wike's allies face suspension, threatening party unity ahead of crucial elections. Exclusive details inside.
Nigeria's Peoples Democratic Party takes disciplinary action against National Secretary Samuel Anyanwu and three party leaders over alleged anti-party activities and misconduct.
Nigeria's main opposition party PDP plunges into fresh turmoil as National Secretary Samuel Anyanwu and three key members face suspension over alleged anti-party activities and misconduct.
The Peoples Democratic Party has defied a court order to suspend Daniel Bwala, former spokesperson for Atiku Abubakar's presidential campaign, sparking fresh political drama in Nigeria.
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
Nigerians brace for increased fuel costs as FIRS Chairman Taiwo Oyedele reveals new 5% import surcharge implementation timeline and tax reform plans.
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.
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.
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.