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The Finance Act 2021(the "FA 2021") introduced changes that could have significant implications for the Nigerian capital markets and real estate sectors. In this publication, we have addressed...

The recent amendments to the capital gains tax framework under the Nigeria Tax Act, 2025, significantly expand the material and territorial scope of what constitutes a chargeable...

His Excellency, President Muhammadu Buhari, GCFR, on Tuesday, 7 December 2021 submitted Finance Bill, 2021 ("the Bill") to the National Assembly for passage.

In recent decades, business reorganization has witnessed a geometric spike in Nigeria as companies have been forced to reorganize operations by regulatory demands...

The Startup Act aims to create an environment for startups to thrive whilst ensuring Nigeria leads the continent with respect to digital technology.

On 31st December, 2020, President Muhammadu Buhari signed the Finance Bill, 2020 (now Finance Act) into law.

The Finance Bill, 2020 which was an Executive Bill prepared by the Honourable Minister for Finance, Budget and National Planning, was approved by His Excellency, President Muhammadu Buhari and presented together ...

On 9th August, 2021, the Federal High Court (FHC or "the Court") sitting in Port Harcourt, Rivers State, Nigeria, delivered a Judgment in the case of Attorney General for Rivers State ("AG Rivers")...

As of now, Nigerian capital gains tax (CGT) generally does not apply to offshore transactions involving the sale of foreign holding companies with indirect Nigerian exposure.

On June 26th, 2025, President Bola-Ahmed Tinubu signed into law a suite of four tax reform statutes, including...

Without doubt, the promulgation of the Nigerian Tax Reform Acts portends significant impact for non-resident persons (i.e., individuals and business which do not have their tax residency in Nigeria).

After several months of stakeholder engagements and legislative processes, the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, signed the 4 (four) tax reform bills into law on 26 June 2025...

The Finance Act, 2019 amended some provisions of the Companies Income Tax Act, Petroleum Profit Tax Act, Personal Income Tax Act, Value Added Tax Act, Customs and Excise Tariff etc...

It is a fact that different tax laws apply to income earned by different categories of taxpayers in Nigeria.

The Nigerian Startup Act 2022 (NSA) is a significant piece of legislation, designed to foster innovation, attract investment, and create a favourable business climate for tech-enabled startups in Nigeria. It aims to position Nigeria as a leading hub for digital entrepreneurship in Africa by removing regulatory barriers and offering targeted incentives.

Gains from disposal of shares are now subject to Capital Gains Tax in Nigeria. Capital Gains Tax ("CGT") is a tax charged on the disposal of chargeable assets.

There have been varying judicial pronouncements as to who is entitled to collect consumption tax and which takes priority where the same is imposed by both the state and the federal government.