Category : Search result: federal government tax


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.

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.

Abia Seals Tinubu's Campaign Office in Umuahia

Abia State government has sealed President Tinubu's campaign office in Umuahia for violating tax laws. The action was taken by the Ministry of Lands and Housing on November 25. Read full details.

UK Labour's 2025 Budget Tests Credibility

Britain's Labour government unveils its annual budget with expected tax rises to curb debt, facing political and economic challenges. Read more for full analysis.

Shoprite refutes Lagos store sealing claims

Shoprite Nigeria clarifies false reports about outlet sealing at The Palms Lekki. Company confirms ongoing tax reconciliation with Lagos IRS while maintaining operational normalcy. Read official statement.

Nigeria to Tax Cryptocurrency Under New Law

Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.

ASUU Threatens Nationwide University Shutdown

ASUU warns of a total university shutdown if the Federal Government fails to meet its demands on welfare and funding within a one-month ultimatum. Read the full details.

ASUU rejects FG's proposed salary increment

ASUU's Benin Zone rejects Federal Government's proposed salary increase, calling it insufficient to reverse brain drain in Nigerian universities. Read the full details.

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.

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