Category : Search result: CBN tax account


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.

CBN Retains MPR at 27%, Delays Loan Rate Cuts

Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.

Nigeria, Tech Giants Remove 28M Fraud Accounts

Federal Government collaboration with Google, LinkedIn, TikTok results in removal of 28 million Nigerian accounts and 58.9 million contents in anti-fraud campaign. Learn about the digital security partnership.

CBN: Economy Improving But More Work Needed

CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.

Atiku and FIRS Clash Over New TSA Payment Provider

Former VP Atiku Abubakar demands suspension of Xpress Payment Solutions as TSA collecting agent, while FIRS defends multi-provider framework. Key political clash over revenue collection.

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