Lagos, Nigeria – Despite weeks of heated controversy and calls for suspension, the Federal Government has confirmed that the new Tax Reform Laws have officially taken effect today, January 1,
Government Announcements
Official statements, circulars, and fiscal policy announcements from the Federal and State Governments of Nigeria.
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The Nigerian Federal Government faces significant challenges in implementing its 2026 budget due to ongoing tax reform controversies and a severe revenue crisis. The Presidency is considering consolidating the 2024
The Federal Inland Revenue Service (FIRS) has confirmed a major relief measure for low-income earners as the countdown to the new tax regime continues. With just 17 days until the
Abuja, Nigeria – The newly transitioned Joint Revenue Board (JRB), formerly known as the Joint Tax Board (JTB), has concluded its 158th meeting in Abuja with strong resolutions aimed at
The Federal Inland Revenue Service (FIRS) has moved swiftly to address public anxiety regarding its recently signed Memorandum of Understanding (MoU) with France’s tax authority, the Direction Générale des Finances
ABUJA — The Federal Inland Revenue Service (FIRS) has officially started the clock on the nation’s most significant fiscal shift in decades. In a public alert issued via its official
ABUJA — The Federal Inland Revenue Service (FIRS) has officially commenced its transition into the Nigeria Revenue Service (NRS), signaling the end of an era for the nation’s tax authority
The Nigerian government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has suspended the implementation of the 15% ad-valorem import duty on Premium Motor Spirit (PMS) and diesel.
By the Presidential Fiscal Policy & Tax Reforms Committee Overview Recent discussions regarding the Capital Gains Tax (CGT) reform and its impact on the Nigerian capital market have led to
President Bola Ahmed Tinubu on Wednesday gave a nod to the Nigerian Guild of Editors (NGE) proposals aimed at revitalizing the struggling media sector. During the 21st All Nigeria Editors
