Category : Taxation


Shoprite refutes Lagos store sealing claims

Shoprite Nigeria clarifies false reports about outlet sealing at The Palms Lekki. Company confirms ongoing tax reconciliation with Lagos IRS while maintaining operational normalcy. Read official statement.

Nigeria to Tax Cryptocurrency Under New Law

Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.

Banks Notify Customers on 10% Withholding Tax

Nigerian banks are informing customers about FIRS enforcing 10% withholding tax on fixed-income securities interest. Learn how this affects your investments and which instruments remain exempt.

KASU Don Tasks NIESV Kaduna on New Tax Laws

Dr. Isuwa Dauda of KASU has urged Kaduna estate surveyors to embrace Federal Government's 2025 Tax Reform Act for client and government benefits during Ishaq Ayodeji Bello's investiture.

Ghana Scraps Covid Levy, Cuts VAT to Boost Economy

Ghana abolishes its Covid-19 Health Recovery Levy and reduces VAT to stimulate growth, returning GHS 5.7 billion to citizens. A tragic stampede at a military recruitment event in Accra leaves six dead.

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.

5 Bank Charges Ending in Nigeria from 2026

Nigerians will enjoy relief from 5 banking charges starting January 2026 under President Tinubu's tax reforms. Learn which fees are being eliminated and how it benefits you.

7 Nigerian Banks Pay N674bn Tax in 6 Months

Seven major Nigerian banks paid N674.68 billion in taxes during H1 2025, a 14.69% increase. Ecobank and GTCO emerged as top contributors. Discover the breakdown and what it means for Nigeria's economy.

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