Category : Taxation


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.

Nigerian Youth Lead Tax Reform Dialogue at NEC 2025

Nigeria's 2025 National Essay Competition concludes in Abuja with young thinkers advocating for tax reforms and governance. Winners spotlight future economic policies. Read their visionary ideas!

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.

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.

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.

FIRS Counters Atiku on Tax Collection Claims

FIRS refutes Atiku Abubakar's claims about revenue collection monopoly, explaining its multi-provider system. Learn the facts about Nigeria's transparent tax framework.

FIRS Dismisses Atiku's Xpress Payments Allegations

FIRS counters Atiku Abubakar's claims about Xpress Payments in TSA framework, calling them incorrect and misleading. Read the full details of this political dispute over revenue collection.

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