Category : Search result: business taxation


Nigeria's FIRS Hits ₦47.39 Trillion Revenue with Reforms

Nigeria's Federal Inland Revenue Service (FIRS) achieved record revenue of ₦47.39 trillion from 2023-2025 through major tax reforms and technology. Discover how new laws and digital systems are reshaping tax collection for 2026.

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.

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.

LCCI Calls for Tax Harmonisation and Transparency

LCCI President Leye Kupoluyi urges clarity and an end to multiple taxation as Nigeria's new tax law approaches. He warns against punitive levies that stifle business growth. Read more.

Barber's Shop Demolished After Huge Investment

A Nigerian businessman's fully-equipped barbing salon was demolished after months of work, leaving him devastated. He blames a terrible access road and a difficult landlord.

Taxation Doyen David Olorunleke Buried in Lagos

Nigeria's tax community mourns as pioneer CITN President David Olorunleke is laid to rest. Colleagues remember his foundational contributions to taxation practice and education in Nigeria.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.

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.

ACCI Calls for More Engagement on New Tax Laws

The Abuja Chamber of Commerce urges the Federal Government to increase stakeholder engagement for the successful implementation of new tax reforms set for 2026. Learn more about the key changes.

BOI Unveils Business Clinic to Save Nigerian MSMEs

Bank of Industry launches structured Business Clinic model to address MSME survival crisis. Only 20% of Nigerian businesses survive past 5 years. New program targets 24,000 enterprises by 2027.

$50,000, Free Tablets for SMEs at AfCFTA Summit

Nigerian SMEs can win $50,000 in AWS credits and free tablets at the Mentor Matchup Challenge 7.0 summit in Lagos on Dec 4-5. Learn how to scale your business for AfCFTA markets.

Alim Abubakre Appointed to BCA Board, Strengthens UK-Africa

Dr Alim Abubakre's appointment to the Business Council for Africa board marks a strategic move to enhance UK-Africa business relations, governance, and leadership development. Discover how this shapes continental prosperity.

KASU Don Tasks NIESV Kaduna on New Tax Laws

Dr. Isuwa Dauda of KASU has urged Kaduna estate surveyors to embrace Federal Government's 2025 Tax Reform Act for client and government benefits during Ishaq Ayodeji Bello's investiture.

Shettima, Elumelu Lead SMEDAN 2025 MSME Conference

Vice President Shettima and Tony Elumelu will headline SMEDAN's 2025 GROW Nigerian Conference in Lagos from November 16-18. Features policy sessions, exhibitions, and ₦20m pitch competition.

Elon Musk Could Become First Trillionaire After Tesla Deal

Tesla shareholders have overwhelmingly approved Elon Musk's record-breaking compensation package worth nearly $1 trillion, potentially making him the world's first trillionaire and signaling strong confidence in Tesla's future growth.

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