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In our previous article, we highlighted some key provisions of the Nigeria Finance Bill 2022 (the "Bill"). In a final move by former President Mohammadu Buhari, the Bill...

The Nigerian government introduced the Nigerian Tax Bill 2024 as a part of the ongoing tax reform in the country, with the aim of unifying the fiscal legislation governing taxation in the country for simplicity and transparency, ...

The year 2025 marked a pivotal period in Nigeria's regulatory and business landscape, with notable reforms introduced across the insurance, capital markets, and tax sectors.

With businesses around the world severely impacted by the Covid-19 pandemic, many may require some form of restructuring in the near future. Even

It is now a well-established norm that tax laws are periodically reviewed in Nigeria in compliance with the National Tax Policy adopted by the Federal Executive Council in 2018.

In this article, our focus will be on the significant changes being proposed to other extant tax and fiscal legislations.

Just recently, the Executive Chairman of Federal Inland Revenue Service ("FIRS") announced that its revenue generation target for 2019 is N8 Trillion

Startup Acts are Africa's next frontier of policy innovation. If implemented in Nigeria, Startup Acts could catalyze positive change in the broader business environment by increasing local support for entrepreneurs ...

The National Assembly has finally passed the Petroleum Industry Bill (PIB), 2021. The key objective of the PIB is to overhaul and transform the Nigerian oil gas industry.

The Non-Governmental Organizations (NGOs) are an important part of the Nigerian society as they are quite impactful in many areas of our daily lives.

In Nigeria's Federal Capital Territory, the Land Use Act empowers the Minister of the FCT to grant persons development lease over portion of lands for a period of years for the purpose of development.

One of the major changes in the Income Tax (Transfer Pricing) Regulations 2018 (NTPR) is the introduction of administrative penalties.

These elements also create a tax culture, reduced incidences of corruption and tax evasion.

The economic growth of a country is the result of the actions of various contributory factors. These factors may be domestic, such as increased trade and other economic activities...

On 2nd October 2024, the Deduction of Tax at Source (Withholding) Regulations 2024 (the Regulations), issued by Nigeria's Minister of Finance and Coordinating Minister of the Economy...

In August 2018, Nigeria's Federal Inland Revenue Service (FIRS) issued the Income Tax (Common Reporting Standard) Regulations ("CRS Regulations") to provide legal backing for CRS implementation in Nigeria.

The transfer pricing regulations cover all transactions between ‘connected taxable persons' that could impact the profit or loss position of any of the parties...