New Platform Helps Nigerian Farmers Comply with EU Deforestation Law
Agrolinking unveils AgTrail, a digital traceability platform to help Nigerian farmers and exporters meet strict EU deforestation regulations, safeguarding vital export earnings.
Category : Search result: business compliance
Faith Leaders Call for Ethical Business Revolution in Nigeria
At MRIC 2026, scholars and CEOs urged integrating faith-based ethics into Nigeria's economy, proposing a Federal Ministry of Religious Affairs to oversee ethical commerce.
NRS: VAT on Banking Fees Isn't New - Full Details
The Nigeria Revenue Service clarifies misconceptions about VAT on banking services, stating it's not a new tax. Learn what changed and what remains exempt.
Oyedele Faces Threats Over Nigeria's Tax Reforms
Taiwo Oyedele, head of Nigeria's tax reforms committee, discloses receiving life threats while implementing new tax laws. He cites powerful interests and public mistrust as major obstacles. Read more.
LASWA Threatens Legal Action for Waterways Safety Violations
LASWA and NIWA warn of legal action against boat operators and passengers violating safety rules on Lagos waterways. Joint patrols to enforce daylight operations and life jacket use. Stay safe!
KPMG Flags Major Errors in Nigeria's New 2026 Tax Laws
KPMG Nigeria identifies four major errors and gaps in Nigeria's new 2026 tax laws, warning they could create confusion, disputes, and hinder compliance. Urgent clarifications are needed.
Nigerian Couple Opens Second Filling Station From Scratch
A Nigerian couple who met in 2009 with no money have opened their second filling station, DP Oil & Gas. Their story of love and perseverance inspires many. Read their journey from squatting to success.
GTBank: Sender Pays N50 Stamp Duty on Transfers
GTBank has notified customers of a key change to the N50 stamp duty on electronic transfers under the new Nigeria Tax Act 2025. Find out what transactions are exempt.
NIMASA's 30-Day Grace for Vessel Compliance, Sanctions Loom
NIMASA launches 'Operation Zero Tolerance,' giving maritime operators 30 days to self-audit. Non-compliance risks vessel detention, fines, and licence withdrawal. Full details inside.
Business Expansion Slows Amid Rising Costs in December
NESG report shows Nigerian businesses sustained growth for 12 months but faced a slowdown in December 2025 due to rising costs and financing constraints. Explore the sectoral breakdown and key challenges.
FG to Use Banks, Fintechs for Tax Debt Recovery in 2026
Nigeria tightens tax laws, empowering authorities to use banks and fintechs like Access, Zenith, and Opay to recover unpaid taxes. Learn about the new rules and your obligations.
SMEDAN Opens Free Business Registration Portal for SMEs
Nigeria's SMEDAN launches a free business registration portal, targeting 250,000 entrepreneurs to formalize SMEs, boost economic inclusion, and unlock growth opportunities. Read more.
New Tax Law Brings Heavy Penalties for Nigerians, Firms
Nigeria's new Tax Administration Act is now in effect, imposing severe fines up to N10 million and jail terms for tax evasion, non-registration, and obstructing officers. Learn the full details.
Who Must Pay Tax in Nigeria? New 2026 Law Explained
Nigeria's new tax framework effective January 2026 defines clear obligations. Discover the 7 key taxpayer categories and who is exempt. Stay compliant!
FG Clarifies: No Tax Monitoring via Bank Transaction Narrations
Federal Government dismisses claims of monitoring personal bank accounts for tax. Small businesses under ₦12m turnover are exempt. Experts advise clear transaction descriptions.
Avoid Tax Overpayments with Accurate Bank Transfer Narrations
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.
Lagos Island High-Rise Buildings Pose Fire Risk - BCPG
The Building Collapse Prevention Guild raises alarm over systemic fire safety failures in Lagos Island skyscrapers after the Great Nigeria Insurance inferno. Urgent government action demanded.
New Tax Laws to Take Effect Jan 1 as Scheduled
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.
Lagos, NIOB Partner on Physical Planning & Safety
Lagos State Government commits to a strategic alliance with the Nigerian Institute of Building to enforce planning laws, ensure professional standards, and prevent structural failures. Learn how this move aims to protect lives and property.
Apprentice Gets N10m and Shop from Igbo Master
A young man's story of receiving N10 million and a fully-stocked shop after serving his Igbo master in business has ignited online conversations about the Igbo apprenticeship model versus formal education in Nigeria.
Akara Seller Buys Motorcycle, Expands Business
A Nigerian roadside akara seller inspires many after buying a brand new motorcycle to expand into delivery services. See her viral TikTok success story and the reactions.
ICPC: No Federal MDA Fully Compliant on Ethics
ICPC's 2025 scorecard reveals widespread ethics failures in Nigerian MDAs. No agency achieved full compliance, exposing major governance gaps. Read the full report.
EFCC Warns Banks: Delays Stall Investigations
EFCC Chairman Ola Olukoyede warns banks' compliance officers that slow information release is hampering anti-corruption probes. He insists on full cooperation to safeguard Nigeria's financial system. Read more.
Customs Reaffirms Commitment to Trade Facilitation
CGC Adewale Adeniyi tells Kano stakeholders that effective trade facilitation requires full compliance with laws. He highlights tech reforms like B'Odogwu platform.
Rivers State Promises Open Arms to Investors at Trade Fair
Rivers State Investment Promotion Agency pledges to improve ease of doing business and tackle negative perceptions to attract investments. Key stakeholders call for protection of existing businesses.
Ex-Corps Member Saves N77k Allowance, Starts Business
A resourceful Nigerian ex-corps member saved her entire N77,000 monthly allowance for a year to fund her foodstuff business. See how she transformed her savings into a fully stocked store.
Oniru Business Day, Network Unveiled in Lagos
Lagos State and Iru Kingdom announce Oniru Business & Cultural Day for Feb 14, 2026, plus a new Business Network to drive investment and cultural development in the kingdom. Learn more.
Rep Oke Tells States to Obey Supreme Court on LG Autonomy
Rep. Busayo Oke cautions state governments, including Osun, against undermining Supreme Court judgments on Local Government autonomy. Compliance is a constitutional duty, not an option. Read more.
Woman invests N650k in solar for drinks business, not home
A Nigerian businesswoman's decision to install a N650,000 solar system to power her cold drink freezer, rather than renovate her old house, has ignited a major debate online. Discover the full story and public reactions.
Baze University Wins 2025 CGMA Business Leader Challenge
Baze University, Abuja, has won the 2025 CGMA Business Leader Challenge, defeating Covenant and Thomas Adewunmi University. Read about their victory and the competition's goals.
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