Nigerian Tax Law FAQs for 2026 Explained
Get clarity on Nigeria's new tax reforms starting January 2026. We answer 25 common questions on rates, exemptions, and how it affects you. Stay informed and compliant.
Category : Search result: tax on savings Nigeria
Opposition Parties Demand Halt to Tax Laws Over Tampering
Nigeria's PRP and ADC call for immediate suspension of new tax laws, alleging post-passage alterations. They warn of threats to democracy ahead of January 2026 implementation. Read full details.
FIRS Hits ₦22.59tn Revenue, New Tax Laws Reshape System
Nigeria's FIRS closes 2025 with a record ₦22.59tn collection, driven by landmark tax reforms and technology. Discover how new laws and digital systems are redefining revenue generation for 2026.
Civil Society Demands Probe Into Alleged Tax Law Tampering
Nigerian civil society groups demand transparency and a judicial probe into alleged secret alterations to tax laws after National Assembly passage. Calls grow for publishing tax bills and Nigeria-France agreement.
FG Targets N2b Savings as MDAs Go Paperless
The Federal Government projects over N2 billion savings in 2026 through digital workflows. MDAs face a paperless deadline, cutting stationery costs and boosting transparency. Read more.
Lady Saves N50k Daily on Piggyvest, Shows Interest
A Nigerian woman's story of saving N50,000 daily on Piggyvest and the interest she earned has sparked massive reactions online. Discover her strategy and the public's response.
ADC Alleges Forgery in Tinubu's Tax Laws
The ADC accuses President Tinubu of inserting draconian clauses into 2025 tax laws via forgery, demanding immediate suspension and a public inquiry. Read the full details.
Lady saves money in 9 piggy boxes for 2025
A Nigerian woman's impressive savings discipline went viral after she displayed cash saved in nine piggy boxes from January to December 2025. See the amazing results!
Showunmi Slams NOM Leaders Over New Tax Law
PDP chieftain Otunba Segun Showunmi condemns NOM's opposition to Tinubu's tax reforms, calling for pragmatic solutions over alarmism. Read the full political analysis.
China Taxes Contraceptives as Births Plummet
China will tax condoms and contraceptive drugs from 2026 to encourage childbirth as births fall. Experts warn of risks like unplanned pregnancies. Read more on this policy shift.
Controversy Hounds Nigeria's 2026 Tax Reform Implementation
Nigeria's ambitious tax reforms set for January 2026 face fierce opposition over alleged post-passage alterations, constitutional breaches, and public mistrust. Will the promises hold?
Customer Threatens Banker Over New Tax Deductions
A Nigerian banker's screenshot of a customer's threatening message over new tax laws has gone viral, sparking reactions online. See the full story and public response.
Northern Elders Divided Over FIRS and Tinubu's Reforms
A new northern group tackles NEF over its criticism of FIRS and backs President Tinubu's economic reforms. Discover the details of the clash and what the new tax regime means for Nigerians.
Tax ID Enforcement 2026: 12 Facts for Nigerians
Confused about the Tax ID enforcement starting January 2026? Get the clear facts on who needs it, how to register, and what it means for your bank account. Don't panic, get informed.
Lady displays huge cash saved in box, gives advice
A Nigerian lady's TikTok video showcasing a large sum of money she saved in a container has gone viral, inspiring netizens with her financial discipline. See her story and reactions.
N577bn Pension Disbursement Brings Relief to 1.05M Retirees
Nigeria's PenCom has disbursed N577.26 billion to over 1.05 million Retirement Savings Accounts, clearing major pension arrears. Read how this impacts retirees and the pension system.
Opposition Demands Suspension of New 2026 Tax Regime
The National Opposition Movement warns Nigeria's new tax regime will deepen poverty. They demand immediate suspension and nationwide consultations. Read the full story.
Customer Warns Banker Over 2026 Family Tax Deductions
A Nigerian banker reveals a customer's threatening message about the new 2026 Tax Act. See the viral 'wahala' and public reactions to the impending tax reforms.
Atiku, NOM Make 5 Demands to Tinubu on Tax Plan
Atiku Abubakar and the National Opposition Movement present five key demands to President Tinubu's government, criticising proposed tax reforms as 'cruel' and 'irrational'. Read the full list.
EKIRS: No Account Freeze Over TIN in New Tax Reform
The Ekiti State Internal Revenue Service clarifies that the new tax reforms will not freeze accounts without TIN. Chairman Olaniran Olatona urges calm, stating the goal is fair taxation, not hardship. Read more.
Obi Calls for Transparency in Nigeria's Tax Agreements
Peter Obi urges the Federal Government to publish all tax-related Memoranda of Understanding, questioning secret deals with foreign firms. He demands clarity on benefits for Nigerians.
Lawmaker: Gazetted Tax Laws Not What We Passed
Rep Abdussamad Dasuki raises alarm over discrepancies between tax laws signed by President Tinubu and versions approved by the National Assembly. He calls for urgent scrutiny.
Tinubu Explains Hidden Benefits of New 2026 Tax Laws
President Bola Tinubu assures Nigerians the 2026 tax regime will ease burdens on the poor and small businesses, exempting essentials like food and medicine. Discover the full details.
NDIC Details N2m Payout for Failed Mortgage Banks
The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.
CBN Withdraws Licenses of Two Mortgage Banks
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
CBN Revokes Bank Licences, NDIC Begins Depositor Payouts
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
CBN Revokes Aso Savings, Union Homes Licences
The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.
CBN revokes licences of two mortgage banks
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
NDIC Begins Liquidation of Aso Savings, Union Homes
NDIC starts liquidation of Aso Savings & Union Homes after CBN licence revocation. Depositors to get up to N2m via BVN. Learn the process for claims and payments.
NDIC Pays Aso Savings, Union Homes Depositors After CBN Revocation
The NDIC has started reimbursing depositors of Aso Savings and Union Homes after the CBN revoked their licenses. Learn how to claim your insured funds up to ₦2m before the deadline.
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