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Nigeria's tax landscape is undergoing significant changes, driven by a combination of regulatory reforms, increased enforcement activities and evolving global tax standards.

The recent changes in the rates of taxes in Nigeria have not gone unnoticed by would-be tax payers and defaulters. The world over, tax compliance has always been a topical issue with every government...

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.

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.

In Nigeria's evolving tax landscape, uncertainty about the application of tax laws to specific transactions poses significant risks...

The Hospitality and Tourism Industry (HTI) has the potential to bolster Nigeria's investment landscape and achieve increased contribution to our Gross Domestic Product (GDP).

Interesting times are ahead for the Nigerian fiscal landscape. With exchange rates now fairly stable at around US$1/NGN1500 and oil production levels stabilising around 1.6 million barrels of oil per day...

Nigeria's tax-to-GDP ratio at 10.8% as at 2021, is one of the lowest amongst countries of similar economic size . It is also below the International Monetary Fund (IMF) recommended ratio of 12% and

Amongst other factors, the global dip in oil prices and the resulting economic recession in Nigeria has culminated in an increased focus on revenue generation through taxation in Nigeria.

Nigeria’s tax reforms make the Certificate of Acceptance of Fixed Assets (CAFA) an express condition for capital allowance claims by companies in the newly introduced priority sectors. This article examines what this means for businesses, the continuing obligations outside those sectors, and how digitisation could reduce delays and improve the certification process.

The taxation of capital gains has historically played a modest but strategically important role within Nigeria's fiscal architecture. Under the pre-existing regime, the Capital Gains Tax (CGT) framework was governed primarily by the Capital Gains Tax Act (CGTA), which imposed tax on gains arising from the disposal of chargeable assets

In June 2024, the Federal Government of Nigeria through the Minister of Finance and Coordinating Minister of the Economy, Adebayo Olawale Edun issued the Deduction of Tax at Source (Withholding) Regulations, 2024...

You may have heard about the new tax reform Acts passed by the National Assembly and signed into law by His Excellency, President Bola Ahmed Tinubu GCFR, in June 2025. These reforms come in four key pieces of legislation: the Nigeria Tax Act, the Nigeria Tax Administration Act, the Joint Revenue Board of Nigeria (Establishment) Act, and the Nigeria Revenue Service (Establishment) Act. Taken together, these pieces of legislation represent the most significant overhaul of Nigeria's tax framework in decades

On 17th August 2017, Nigeria became the 71st country that subscribed to the Organisation for Economic Co-operation and Development (OECD)'s...

With elections looming and the need to deliver on earlier campaign promises, there is renewed revenue generation drive by all tiers of government.

Following the coming into effect of the Deduction of Tax at Source (Withholding) Regulations 2024 (the "Withholding Tax Regulations") on 1st January, 2025, there have been questions about the continued relevance.

On 28 January 2025, the Head of Tax Practice at AELEX, Mr. Theophilus Emuwa, voiced his concerns regarding the hidden non-tax costs that businesses in Nigeria face. He shared these insights...