he days of treating tax non-compliance as a purely administrative matter are over, as Nigeria’s new tax legislation introduces a couple of stringent penalties, including N10,000,000 liable to non compliance b...

At a statutory rate of 30 percent, Nigeria's Company Income Tax (CIT) hovers significantly above the global average combined statutory corporate tax rate, which currently sits at around 23.5 percent....

Nigeria's new tax reform now enforces compliance on Value Added Tax (VAT) payment on digital payments, SaaS and online services - which will significantly boost tax revenue....

Nigeria’s new 4 percent development levy, which replaces four sector-specific taxes, is set to reshape how companies calculate and remit their statutory obligations by unifying multiple payments into a single charge on assessable profits....

A new N5 million administrative penalty for awarding contracts to unregistered vendors is tightening compliance requirements for Nigerian businesses, raising concerns about how micro, small, and medium enterprises (MSMEs) will navigate the country’s expan...

The new changes in the tax reform is forcing investors to rethink how they build and protect wealth....

Taiwo Oyedele, the Chairman of the Presidential Fiscal and Tax Committee, recently announced a push to expand Nigeria's tax net and drive compliance through advanced data monitoring....

As global capital remains wary of emerging markets, Nigeria faces a critical choice: secure a marginal tax revenue today or risk essential dollar inflows needed for economic stability and growth....