FG Clarifies: No Tax Monitoring via Bank Transaction Narrations
Federal Government dismisses claims of monitoring personal bank accounts for tax. Small businesses under ₦12m turnover are exempt. Experts advise clear transaction descriptions.
Category : Taxation
Court Dismisses Suit to Stop Nigeria's New Tax Laws
A Federal High Court in Abuja has dismissed a legal challenge seeking to halt Nigeria's new tax regime, clearing the way for implementation from January 1, 2026. Read the full ruling details.
Get Your Tax ID Online Using NIN or CAC - JTB Guide
The Joint Tax Board has launched a unified portal for Nigerians to retrieve their Tax Identification Number digitally using NIN or CAC details. Follow our step-by-step guide to access your 13-digit Tax ID from January 1, 2026.
Court Dismisses Suit Against New Tax Act, Implementation Begins
An Abuja High Court has dismissed a suit to halt Nigeria's new tax regime, allowing implementation from Jan 1, 2026. Northern groups and Femi Falana allege discrepancies in the laws.
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Man Worries Over Tax After ₦46.9M Account Activity
A Nigerian man's viral tweet reveals ₦46.9M credited to his account in 2025, sparking fears of a huge 2026 tax bill. See the shocking figures and public reaction.
Group Calls for Pause on New Tax Laws Over Trust Issues
Enough is Enough Nigeria urges the Federal Government to delay implementing new tax reforms, citing governance, transparency, and public trust deficits. Key demands include civic education and disclosure of FIRS-France MoU.
Viral Tax Warning: 'First Deduction Go Hit Like Sledgehammer'
A Nigerian man's viral tweet sparks reactions as he warns that the first tax deduction under new rules will hit citizens hard. See the public's mixed responses.
FIRS Transitions to Nigeria Revenue Service (NRS)
A new era begins as the Nigeria Revenue Service (NRS) officially replaces the FIRS. Discover the goals of the new tax regime and what it means for Nigeria's economy.
Controversial Tax Reforms Begin Jan 1, 2026
President Tinubu's sweeping tax reforms begin today despite opposition from Atiku and Northern groups. FG insists changes are vital for economic growth. Read the full story.
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New Nigeria Revenue Service Logo Unveiled in Abuja
NRS Chairman Zacch Adedeji unveils the agency's new logo, signaling a commitment to a unified, efficient revenue system aligned with Nigeria's economic agenda. Read more.
Tinubu: No Going Back on Jan 2026 Tax Reforms
President Bola Tinubu insists Nigeria's new tax laws will commence January 1, 2026. He calls it a 'once-in-a-generation' fiscal reset, not a tax hike. Read the full details.
Kachikwu to Tinubu: Nigerians Can't Start 2026 with More Taxes
ADC's Dumebi Kachikwu criticizes proposed tax reforms, warning they could trigger a major crisis amid Nigeria's security woes. He urges compassion over new burdens. Read his full statement.
Tax Chief: No Auto-Debit from Accounts in New Law
Taiwo Oyedele assures Nigerians the new tax reforms will not lead to automatic bank debits. The system is based on self-declaration, targeting high-income individuals. Read details.
UK-based Nigerian Lady Paid N66.9m Tax, Questions FG
A Nigerian lady in the UK reveals she paid N66.9 million in tax, sparking debate on transparency as Nigeria's new 2026 tax law takes effect. Read her full story and public reaction.
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Get Your Tax ID with NIN: Simple Steps to Avoid Issues
Nigerians can now retrieve their 13-digit Tax Identification Number (Tax ID) using their NIN via the new Tax ID Portal. Learn the steps for individuals and businesses to comply with the new tax law effective January 1, 2026.
Man Celebrates 2026 Tax Cut, Shares Evidence
A Nigerian worker shares proof of his reduced tax rate under the new 2026 law. See the mail from his company and public reactions to the positive news.
Avoid Tax Overpayments with Accurate Bank Transfer Narrations
As Nigeria's new tax regime begins in January 2026, experts advise using clear bank transfer descriptions like 'Gift' or 'Loan' to prevent overpayment and tax audits. Learn the simple, legal narrations.
Barber Adds VAT to Haircuts Ahead of 2026 Tax Law
A Nigerian man's viral post reveals his barber adding a 7.5% VAT charge from January 1, 2026, sparking debate on the new tax law's reach. Read more about the public reaction.
Banks to Charge N50 Stamp Duty from Jan 1, 2026
Nigerian banks will implement a N50 stamp duty levy on electronic transfers of N10,000 and above starting January 1, 2026. Learn what's changing and which transactions are exempt.
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Tinubu: Tax Reforms to Proceed as Planned from 2026
President Bola Tinubu confirms Nigeria's reformed tax laws will take effect on January 1, 2026, calling it a 'once-in-a-generation' fiscal reset. Read the full details.
NECA Supports Jan 1 Tax Reform Kickoff
NECA supports Nigeria's new tax laws starting January 1, 2025, urging amendments for genuine concerns. DG Adewale-Smatt Oyerinde calls for macroeconomic gains to reach micro level. Read more.
Tinubu insists new tax laws start Jan 1, ignores suspension calls
President Bola Tinubu reaffirms Nigeria's new tax laws commence January 1, 2026, dismissing PDP, ANAN, and Ezekwesili's calls for suspension over alleged discrepancies in the gazetted versions.
FIRS Replaced by NRS in Major Nigerian Tax Reform
Nigeria's FIRS is now the Nigeria Revenue Service (NRS) following landmark 2025 legislation. Discover how this shift promises transparency, efficiency, and a new era of public finance management for all citizens.
New Tax Laws to Take Effect Jan 1 as Scheduled
The Federal Government confirms Nigeria's new tax regime will begin on January 1, 2026. The reforms aim for a fairer, more efficient system to boost economic growth. Read the full details.
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PDP: Tinubu Puts Tax Revenue Before Nigerians' Welfare
The PDP demands suspension of new Tax Act, alleging discrepancies. It accuses the Tinubu administration of prioritising money over citizens' well-being. Read the full details.
Ezekwesili: Suspend Tax Act Over Credibility Crisis
Oby Ezekwesili calls for immediate suspension of Nigeria's Tax Reform Act, citing grave constitutional concerns over a disputed gazetted version. She demands a transparent inquiry.
FIRS Transforms to Nigeria Revenue Service in 2026
Nigeria's FIRS transitions to the Nigeria Revenue Service in January 2026, driven by four new laws. The reform promises streamlined tax processes, stronger oversight, and integrated revenue collection for better public finance management.
Tinubu: New Tax Laws to Commence January 1, 2026
President Bola Tinubu insists Nigeria's new tax laws will take effect on January 1, 2026, despite controversy over alleged alterations and a National Assembly probe. Read the full details.
FG Launches New Tax ID Portal Linked to NIN
Nigeria's new tax ID portal goes live January 1, 2026. Your NIN becomes your tax number. Learn how to retrieve your ID and what it means for you.
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New Tax ID Portal Launches Jan 1, 2026 - How to Retrieve
Nigerians can now retrieve their Tax ID online using NIN or CAC details from Jan 1, 2026. Learn the simple steps to access your 13-digit number digitally.
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