No New Tax on Nigerian Savings - Analyst Clarifies
Financial analyst Omowunmi Samuel clarifies FIRS is not taxing savings, only interest income. Learn the facts about Nigeria's tax policy and avoid misinformation.
Category : Search result: Presidential Committee on Fiscal Policy and Tax Reform
No New Tax on Nigerian Savings - Expert Explains
Financial analyst Omowunmi Samuel clarifies Nigeria is not introducing new taxes on savings. FIRS only enforcing existing law on investment interest. Get the facts now!
FIRS Explains Tax on Investment Income, Not Savings
The FIRS clarifies that the withholding tax on investment income is not new. It targets earnings from bonds and Treasury bills, not personal savings. Get the facts on Nigeria's tax reform.
New Capital Gains Tax Rules Protect Small Investors
Federal Government clarifies new progressive Capital Gains Tax rates from 0% to 30% starting January 2026. Small investors get exemptions while large corporations face higher rates. Learn how this affects your investments.
6 Tax Deductions Under Nigeria's New PIT Rules 2026
Discover 6 legitimate tax deductions under Nigeria's new Personal Income Tax rules effective January 2026. Learn how to reduce your taxable income legally and save money.
PDP Backs Damagum, Forms Reconciliation Committee
The Peoples Democratic Party's National Working Committee has thrown its weight behind Acting National Chairman Umar Iliya Damagum while establishing a high-powered reconciliation committee to heal party divisions ahead of crucial elections.
House Scrutinizes Tinubu's N1.15T Loan Request
Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.
Nigeria's Tax Revolution: Act 2025 Changes Everything
Discover how Nigeria's groundbreaking Tax Administration Act 2025 promises unified tax procedures, enhanced transparency, and simplified compliance for businesses and individuals across the nation.
FG Appoints Nwabueze as Nigeria's Tax Ombudsman
Federal Government appoints Dr. Nwabueze as Tax Ombudsman to resolve taxpayer grievances and improve tax administration in Nigeria.
Tinubu appoints new FIRS chairman for tax reform
President Bola Tinubu appoints Dr. Oluwatoyin Madein as new FIRS chairman in major tax administration overhaul to boost revenue generation.
Tinubu Seeks Senate Approval for ₦1.15tr Borrowing
President Bola Tinubu requests Senate approval for ₦1.15 trillion domestic borrowing to fund infrastructure projects and economic development initiatives across Nigeria.
50 Tax Exemptions Nigerians Can Claim Under New Laws
Discover how Nigeria's new tax reform laws bring financial relief to millions with 50 key exemptions - from essential goods to small business benefits.
FG Unveils 50 Tax Reliefs for New Fiscal Reforms
The Nigerian government has introduced 50 major tax exemptions and relief measures to protect citizens and businesses from the immediate effects of new fiscal reforms. Discover how these changes will affect you.
FG Releases 50 Tax Exemptions Nigerians Get From 2026
Nigerian government announces comprehensive tax relief package including 50 exemptions that will benefit individuals and businesses from 2026. Discover key benefits for manufacturing, agriculture, and everyday Nigerians.
Gumi to Tinubu: Summon US Ambassador Over Trump Threat
Prominent Islamic scholar Sheikh Ahmad Gumi calls on President Tinubu to summon US ambassador following Donald Trump's controversial threat against Nigeria during presidential debate.
Nigeria's Finance Minister Vows Bold Budget Amid Economic Pressures
Wale Edun promises transformative economic measures as Nigeria faces currency volatility and fiscal challenges ahead of 2025 budget presentation.
France Rejects Wealth Tax Proposal in Budget Debate
French parliament votes against reinstating wealth tax during 2025 budget discussions, maintaining current tax policies that affect international economic relations.
Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall
The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.
APC Defends Tinubu's Review of Presidential Pardon List
Nigeria's ruling party defends President Tinubu's decision to review presidential pardon list, calling it a demonstration of institutional strength amid political scrutiny.
Anambra Tops Nigeria's Fiscal Performance Ranking
Anambra State has emerged as Nigeria's top-performing state in fiscal management, according to the latest state performance ranking report. Discover which states made the top five and how your state performed.
FIRS Grants First E-Invoicing Licence to Nigerian Firm
A pioneering Nigerian company has secured the Federal Inland Revenue Service's first-ever accreditation as an electronic invoicing provider, marking a major leap in the country's tax digitalization journey.
Meta Stock Plummets After ₦2.4 Trillion Tax Hit
Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.
Tinubu's Pardon List Sparks National Outcry
President Bola Tinubu's controversial state pardon list has ignited nationwide criticism. Discover the complete list of beneficiaries and why Nigerians are demanding transparency.
Anambra Tops Nigeria's Fiscal Performance Ranking 2025
Anambra State emerges as Nigeria's top performer in fiscal transparency and efficiency according to BudgIT's 2025 State of States report, outperforming all 35 other states in financial management.
Tinubu Excludes Drug Traffickers from Pardon List
President Tinubu makes decisive move in pardon review, blocking convicts of serious crimes like drug trafficking, human trafficking, and kidnapping from receiving presidential clemency in latest executive action.
Adamawa Politician Declares 2027 Presidential Ambition
Prominent Adamawa political figure announces presidential ambition for 2027 elections, promising transformative leadership and national unity.
Tinubu removes Maryam Sanda from pardon list
President Bola Tinubu makes dramatic revision to clemency list, excluding Maryam Sanda convicted of husband's murder. Revised list signals stricter approach to pardon eligibility.
FIRS Deepens Stakeholder Collaboration on Tax Reforms
Federal Inland Revenue Service intensifies collaboration with key stakeholders to drive comprehensive tax reforms, enhance revenue generation and boost economic development across Nigeria.
Nigeria Clears Massive Passport Backlog - Reps Hail Minister
In a major breakthrough for Nigerian immigration services, the House of Representatives Committee on Interior has commended Minister Olubunmi Tunji-Ojo for successfully clearing over 200,000 passport application backlogs within three weeks, marking a sign
Judiciary Key to Nigeria's Tax Clarity - FIRS
FIRS Chairman Zacch Adedeji emphasizes judicial insight as crucial for resolving tax disputes and attracting foreign investment to Nigeria's economy.
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