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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.

The players in the digital economy took the world by storm at the turn of this century. This was aided by the advent of global system for mobile telecommunication

Nigeria's archives are littered with series of programmes geared towards social, political and economic transformation of the nation.

The recent tax reform laws have significantly reshaped how employees' income is taxed in Nigeria, introducing new bands and reliefs, and clarifying existing ones to promote economic fairness and tax compliance.

Today 29 June 2017, the Acting President, Prof. Yemi Osinbajo, SAN formally launched the Voluntary Assets and Income Declaration Scheme (VAIDS).

Pending the resolution of the jurisdictional concerns around TAT, it is imperative for FIRS to consider alternative options to resolve these age-long disputes.

The Finance Act, 2020 came into force on 1st January 2021. A major objective of the Finance Act, 2020 is to generate increased revenue, provide tax incentives to stimulate economic growth...

Arguably, the most basic principles in business are minimising cost and maximising profit.

On 4th November 2020, the Tax Appeal Tribunal (the "Tribunal") sitting in Lagos delivered judgment in Appeal Number

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...

Nigeria's Revenue Service has issued comprehensive guidelines establishing a uniform framework for taxing virtual assets and cryptocurrency transactions. The new rules adopt a substance-over-form approach, focusing on the economic nature of digital asset transactions rather than their technical labels. These guidelines clarify tax treatment, compliance obligations, and administrative procedures for all persons engaged in virtual asset activities under Nigerian law.

The FIRS has now expanded the scope of the documents liable to stamp duty.

In Nigeria, as in most developing or developed nations, taxation is a vital source of revenue for all levels of government. Taxpayers are obligated to comply with the provisions of the applicable...

In 2016, Nigeria fell into deep recession due to a number of factors; including the global fall in oil price.

Expatriate Employment occurs when a foreign national accepts a job/role outside of their home country, which may be taken up independently or as part of the Global Mobility function of an organisation.

In this article, we have examined the companies' income tax obligations of educational institutions prior to the FA21 amendment, the implications of the FA21 amendment and the impact of the policy changes introduced.