Nigeria has grappled with sustained inflationary pressures in recent years, exerting widespread effects across all sectors of the economy.

The Nigerian creative industry has experienced massive growth over the last decade. According to the Africa Entertainment and Media Outlook report...

In 1993, the Federal Inland Revenue Service (FIRS) announced uniform basis and rate for taxation of income derived by Non-Resident Companies (NRCs)

The Nigerian Government will implement a 5% surcharge on fossil fuel products, such as gasoline and diesel.

Nigeria's power sector has continued to grow even though some may argue that the rate of growth is still below the required level. The commercial framework for the sector has however remained an issue.

On 4 February 2020, The President of the Federal Republic of Nigeria, Muhammadu Buhari (GCFR) launched the NVP 2020.

Prior to the issuance of the Executive Orders on cost efficiency and project execution timeline, on the average, there was an additional 40% cost premium on petroleum exploration in Nigeria compared to peer countries.

June 30, 2022 would mark the fourth anniversary of filing transfer pricing (TP) returns under the revised Transfer Pricing (TP) Regulations, 2018 for taxpayers with a December 31 year end.

The Nigerian economy has continued to face the challenge of a remarkably low tax revenue to Gross Domestic Product (GDP) ratio, compared to other economies worldwide.

One of the highlights of former President Muhammadu Buhari's administration was the annual passage of Finance Acts, to ensure a resilient tax administration, as well as to support the execution ...

The oil and gas industry has continued to sustain recovery from contractions experienced in 2020 and 2021. On a global level, crude oil prices have been hovering around $100 per barrel...

One of the best legacies of this administration is the implementation of the framework for annual review of Nigeria's tax laws to keep up with changing global economic landscape.

Conducting business in Nigeria may present a range of complexities, particularly for companies engaged in cross-border transactions.

The Federal Inland Revenue Service (FIRS or "the Service") recently published the Non-Interest Finance (Taxation) Regulations 2022 ("the Regulations"), which provide a framework...

Nigeria's tax landscape has undergone significant transformation with the introduction of the new tax regime. This shift began with the commencement of the Nigerian Tax Administration Act (NTAA) in June 2025...

On 10 February 2022, the Tax Appeal Tribunal (TAT or "the Tribunal") sitting in Lagos, ruled in CHI Limited (CHI or "the Appellant") and Federal Inland Revenue Service (FIRS or "the Respondent")...

The Federal Ministry of Finance (FMoF) has issued the Deduction of Tax at Source (Withholding) Regulations 2024 (hereafter referred to as "the Regulations").

The Nigerian Electricity Regulatory Commission (NERC) recently disclosed that power generation companies (GenCos) have received less than 40% of the value of their 2024 invoices.

Several options are available to banks in their effort to raise additional capital, a route we anticipate to be the first line of action for most banks in achieving

For decades, Nigeria's immigration policy has centred on border control. Yet in today's interconnected economy, borders are no longer just lines of defence; they are gateways to investment, talent, and innovation.