Banks Begin 10% Tax on Dollar Deposits
Nigerian banks implement a 10% withholding tax on foreign currency deposit interest from Jan 1, 2026. Learn how this new tax law affects your dollar account and who is exempt.
Nigerian banks implement a 10% withholding tax on foreign currency deposit interest from Jan 1, 2026. Learn how this new tax law affects your dollar account and who is exempt.
Social media influencer Rita 'Raye' Ushie cries out after being charged a huge 7.5% VAT on a N6.5 million purchase for her tech startup. See public reactions and why NANS plans protests.
A Nigerian man's viral questions about the 2026 tax reform have ignited a fierce debate on fairness, government benefits, and who should pay. Read the full story.
Nigeria's new tax law reshapes the landscape. See who is fully exempt, who pays the lowest rate, and the high earners facing a 25% top rate. Get all the details.
The National Assembly pledges to release certified copies of new tax laws for public verification amid allegations of discrepancies in the gazetted versions. Key stakeholders call for caution and transparency.
Nigeria's new tax law effective Jan 1, 2026, exempts minimum wage earners, low-income citizens & more. Discover the four categories benefiting from the fiscal reforms.
Nigerian ethnic youth leaders celebrate a court ruling allowing the new tax law to proceed, calling it a victory for national economic interest and fairness. Read more.
Arewa youths support the court's decision for Nigeria's new tax regime to start Jan 1, 2026, calling it vital for economic reform. They urge citizens to be patient for long-term gains.
A Nigerian man raises alarm after N50 was deducted for a N10,000 transfer, signaling the start of new 2026 tax laws. Get the full story and public reactions here.
Edidiong Johnson expresses shock after discovering a N30,842 PAYE tax deduction on his November 2025 payslip, sparking debate on Nigeria's new Tax Act 2025 ahead of its 2026 implementation.
Nigerian students plan nationwide protests on January 14, 2026, against new tax laws. The action follows court rulings and unresolved discrepancies in the gazetted legislation.
Federal Government dismisses claims of monitoring personal bank accounts for tax. Small businesses under ₦12m turnover are exempt. Experts advise clear transaction descriptions.
President Bola Tinubu outlines economic optimism, security plans, and tax harmonisation in his 2026 New Year broadcast. Read the full details of his promises for a brighter year.
The Joint Tax Board has launched a unified portal for Nigerians to retrieve their Tax Identification Number digitally using NIN or CAC details. Follow our step-by-step guide to access your 13-digit Tax ID from January 1, 2026.
An Abuja High Court has dismissed a suit to halt Nigeria's new tax regime, allowing implementation from Jan 1, 2026. Northern groups and Femi Falana allege discrepancies in the laws.
Enough is Enough Nigeria urges the Federal Government to delay implementing new tax reforms, citing governance, transparency, and public trust deficits. Key demands include civic education and disclosure of FIRS-France MoU.
A Nigerian man's viral tweet sparks reactions as he warns that the first tax deduction under new rules will hit citizens hard. See the public's mixed responses.
President Tinubu's sweeping tax reforms begin today despite opposition from Atiku and Northern groups. FG insists changes are vital for economic growth. Read the full story.
President Bola Tinubu insists Nigeria's new tax laws will commence January 1, 2026. He calls it a 'once-in-a-generation' fiscal reset, not a tax hike. Read the full details.
A Nigerian lady in the UK reveals she paid N66.9 million in tax, sparking debate on transparency as Nigeria's new 2026 tax law takes effect. Read her full story and public reaction.
Nigerians can now retrieve their 13-digit Tax Identification Number (Tax ID) using their NIN via the new Tax ID Portal. Learn the steps for individuals and businesses to comply with the new tax law effective January 1, 2026.
Discover the first 10 countries to enter 2026 as the world celebrates New Year. Kiribati's Kiritimati atoll led the global countdown. Read the full list and see how Nigeria followed.
A Nigerian worker shares proof of his reduced tax rate under the new 2026 law. See the mail from his company and public reactions to the positive news.
As Nigeria's new tax regime begins in January 2026, experts advise using clear bank transfer descriptions like 'Gift' or 'Loan' to prevent overpayment and tax audits. Learn the simple, legal narrations.
A Nigerian man's viral post reveals his barber adding a 7.5% VAT charge from January 1, 2026, sparking debate on the new tax law's reach. Read more about the public reaction.
Nigerian students demand FIRS Chairman Zacch Adedeji's removal over tax reforms, plan a national protest on January 14, 2026. Read the full story.
President Bola Tinubu confirms Nigeria's reformed tax laws will take effect on January 1, 2026, calling it a 'once-in-a-generation' fiscal reset. Read the full details.
NECA supports Nigeria's new tax laws starting January 1, 2025, urging amendments for genuine concerns. DG Adewale-Smatt Oyerinde calls for macroeconomic gains to reach micro level. Read more.
Nigeria's FIRS is now the Nigeria Revenue Service (NRS) following landmark 2025 legislation. Discover how this shift promises transparency, efficiency, and a new era of public finance management for all citizens.
The Federal Government confirms Nigeria's new tax regime will begin on January 1, 2026. The reforms aim for a fairer, more efficient system to boost economic growth. Read the full details.