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State internally generated revenue is the lifeblood of development and economic growth. It forms the financial bedrock upon which governments build infrastructure, deliver public goods/services

Companies in Nigeria are generally subject to annual taxation on their assessable profits for the preceding accounting period.

The Nigeria Tax Act (NTA) 2025 and the Nigerian Tax Administration Act (NTAA) 2025 establish a new framework for the administration of personal income tax (PIT), forming part of a broader tax reform initiative launched in 2024 by the Federal Government of Nigeria.

The decision of the FHC reaffirms that amendments to tax laws cannot be applied retroactively, except where the law expressly states so.

Tax authorities rely on various tools to enforce compliance and recover unpaid taxes.

Transfer Pricing (TP) is fast becoming a stay awake issue for Multinational Enterprises (MNEs) in Nigeria with the recent changes in the TP landscape and the increased TP audits being onducted by the tax authorities.

In 2017, a discovery in Nigeria's North-East unsettled the country: relief materials meant for families displaced by conflict had allegedly been diverted and were turning up for sale in open markets. It was a blunt reminder that generosity, on its own, guarantees nothing. Comparable concerns — that charitable platforms can be exploited for illicit financing, including terrorist financing — have surfaced both in Nigeria and across the world.

President Bola Ahmed Tinubu signed the four tax bills into law on 26 June 2025. Two of the laws took effect from 26 June 2025 while the Nigeria Tax Act and the Nigeria Tax Administration Act will become effective on 1 January 2026.

There was excitement in the international tax space on 8 October 2021, with the announcement of a Two-Pillar solution to address the tax challenges associated with globalization and the digital economy.

On 31st December 2020, President Muhammadu Buhari signed the 2021 Appropriation Bill and the 2020 Finance Bill into law.

In recent times, global mobility has risen significantly to an all-time high with many skilled workers and students seeking better opportunities abroad.

On June 26, 2025, President Bola Ahmed Tinubu signed into law a historic package of tax reform legislation, marking the most comprehensive overhaul of Nigeria's fiscal architecture in decades.

Nigeria's Finance Bill of 2022 (the Bill) has made changes to several fiscal and administrative laws, including the Public Procurement Act, the Capital Gains Tax Act, the Companies Income Tax Act...

Starting a business in Nigeria can be an exciting journey. Nigeria is Africa's largest economy and boasts a thriving startup ecosystem that continues to attract entrepreneurs and investors alike...

Advance Pricing Agreements (APAs) are currently being discussed by most transfer pricing practitioners in Nigeria.

A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures.

The Supreme Court's recent decision in A.G. Abia State v. Imo Trans. Co. Ltd. has reignited debate over the constitutional validity of Nigeria's Taxes and Levies (Approved List for Collection) Act, 1998. This article examines whether the Act, originally promulgated as a military decree to combat multiple taxation, can withstand constitutional scrutiny given its alleged supremacy claims over the Constitution and potential conflicts with Nigeria's federal division of tax powers.