Tax Reforms
FIRS: Reforms Reshaped Tax Ecosystem, Says Adedeji
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has said that recent tax reforms have significantly transformed Nigeria’s tax...
Oyedele Unveils Nigeria’s New Tax Reform Plan At IMF/World Bank Meetings
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has outlined Nigeria’s new tax reform framework to global investors...
Nigeria’s Revenue Soars to N3.65trn in September, Says FIRS
Nigeria’s federal revenue rose to N3.65 trillion in September 2025, representing a 411% increase from N711 billion recorded in May 2023, according to...
Tinubu’s Firm Stance on Subsidy Removal Praised Amid Resistance, Shettima Declares
Vice-President Kashim Shettima has reiterated that President Bola Tinubu’s vigorous economic reforms, including the removal of the fuel subsidy, are firmly anchored in...
ICAN Revamps Examination Syllabus to Bolster Nigeria’s Fiscal Reforms and Public Accountability
Fortifying Nigeria’s fiscal reform agenda and enhancing accountability within the public sector, the Institute of Chartered Accountants of Nigeria (ICAN) has introduced a...
Nigeria’s Inflation Rate Drops to 23.2% in February Following CPI Rebasing
The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s inflation rate, which fell to 23.2% in February from 24.48% in...
House Approves Tax Reforms, Rejects VAT Hike Amidst Public Concern
After rigorous clause-by-clause scrutiny, lawmakers opted to maintain the existing 7.5% Value Added Tax (VAT) rate, rejecting a proposed phased increase that had...
Nigeria GDP Growth Forecasted Amid Tax Reforms
Nigeria’s economic horizon appears to be brightening, with Africa Sovereign Credit forecasting a robust GDP growth of 3.8% in 2025, a notable uptick...
Tinubu: Tax Reforms Are Here to Stay, Aimed at Eliminating ‘Colonial-Based Assumptions’
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to tax reforms, stating that they are essential for modernizing Nigeria’s tax system and...