The Nigerian Electricity Supply Industry (NESI) is a critical pillar of the nation's economic development, facilitating industrial growth and improving standards of living.

2021 has been a landmark year for the Nigerian Oil and Gas Industry. With the conclusion of the marginal field bidding rounds and the passage of the Petroleum Industry Act (PIA)...

His Excellency, President Muhammadu Buhari GCFR, on 13 November 2020 signed the amended Banks and Other Financial Institutions Act, 2020 into law.

The Senate of the Federal Republic of Nigeria recently passed the Tertiary Hospitals Development Tax (THDT) Fund Bill, 2021 ("the Bill") for the establishment of the THDT Fund ("THDTF" or "the Fund").

The Court of Appeal (COA) sitting in Abuja, today, 10 September 2021, ordered both Rivers and Lagos States to maintain status quo on the collection of Value Added Tax.

The Federal Ministry of Interior recently issued a Public Notice implementing additional guidelines to regulate Expatriate Quota related matters and Business Residency in Nigeria.

The Federal Competition and Consumer Protection Commission (FCCPC or "the Commission") recently launched its online merger notification portal ("the Portal") to automate the submission...

It has been almost a decade since the erstwhile, wholly Government owned, utility monopoly was handed over to private sector players.

Decentralisation of the grid has been a topical issue in the country since the signing of the Electricity Act (Amendment) Act (EAAA) into law by the President of the Federal Republic of Nigeria.

On 30 June 2025, the Minister of Interior, Dr. Olubunmi Tunji-Ojo, announced a series of major innovations in visa and expatriate administration during a stakeholder sensitization workshop jointly organized by the Nigeria Immigration Service (NIS) and the Federal Ministry of Interior.

The Lagos zone of the Tax Appeal Tribunal (TAT) recently issued a ruling in the case involving FBN Insurance Limited (FBN or "the Company" or "the Appellant") and Federal Inland Revenue Service (FIRS or "the Respondent").

On 20 March 2025, the Nigeria Data Protection Commission published the General Application and Implementation Directive (GAID) 2025 of the Nigeria Data Protection Act (NDPA) 2023.

Nigeria recorded a Gross Domestic Product (GDP) growth of 4.03% (year-on-year) in 2021, exceeding its projected GDP growth rate of 3% for the fiscal year.

This article was developed from the conversations at the Beyond Borders Tax Webinar

The Federal Inland Revenue Service, today, 30 November 2021 announced an additional and final one-month extension of its waiver of penalties and interest for companies with outstanding 2021 year of assessment companies income tax returns.

The Federal Inland Revenue Service (FIRS) has issued a Public Notice extending to 31 August 2022, the deadline for filing Companies Income Tax (CIT) returns and payment of the related tax...

In the evolving global tax landscape, related-party transactions and transfer pricing (TP) have become pivotal issues for tax authorities worldwide. Recognizing the complexities and potential disputes

For decades, Nigeria has relied on oil as its primary source of revenue.

On 30 April 2025, the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, signed into law the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025 via Statutory Instrument No. 22 of 2025.

The Federal Government of Nigeria is seeking to tax the realised profits from all foreign exchange transactions of banks in the 2023 financial year.