Tax
Tax related news
President Tinubu to sign four Tax Reform Bills into law on Thursday
President Bola Tinubu will, on Thursday, sign into law four tax reform bills that will transform Nigeria’s fiscal and revenue...
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FIRS extends tax office operations to weekends in June 2025
The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji has directed all tax offices to operate on...
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Shell confirms it paid Nigeria $5.34bn in taxes, charges in 2024, its highest government payout globally
Energy major Shell Plc paid $5.34 billion to the Nigerian government in 2024, the largest amount it remitted to any...
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Nigerian Senate passes final two tax reform bills, paving way for presidential assent
The Nigerian Senate has completed legislative work on four key tax reform bills proposed by President Bola Tinubu, passing the...
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Senate passes two tax reform bills to modernize Nigeria’s fiscal framework, retains VAT at 7.5%
The Nigerian Senate has approved two out of four major tax reform bills proposed by President Bola Tinubu, marking a...
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FIRS directs banks to close unauthorised tax collection accounts
The Federal Inland Revenue Service (FIRS) has ordered all banks in Nigeria to immediately identify and close any tax and...
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IMF urges Nigeria to expand tax base, deepen regional trade for economic stability
The International Monetary Fund (IMF) has called on the Federal Government of Nigeria to broaden its tax revenue base and...
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FG: Tax reform bill to exempt real estate transactions from VAT, boost housing affordability in Nigeria
The Federal Government of Nigeria has said that the Tax Reform Bill, once enacted, will exempt real estate transactions from...
Read moreDetailsNigerian Senate to address critical Tax Reform Bills after Easter holidays
The Nigerian Senate is set to deliberate on the highly anticipated Tax Reform Bill 2024 immediately after the Eid-El-Fitr and...
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Plateau IRS generates N3.3 billion IGR in January 2025
The Plateau Internal Revenue Service (PIRS) has announced a significant increase in its Internally Generated Revenue (IGR), recording over N3.3 billion in...
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