The Nigerian Investment Promotion Commission (NIPC) was established to coordinate and promote investments in Nigeria.

Generally, tax authorities across the country became more aggressive with revenue drive including the use of consultants and unconventional methods for tax audits.

Going forward, aggressive tax avoidance will become the new tax evasion. Tax planning will therefore be tempered with low appetite for risk especially reputational damage while the debate on tax morality will intensify.

Read my article on Nigeria's tax administration scorecard, the tax administration we want and what we need to do to get there.

Following the recent declaration of tax amnesty by the Federal Inland Revenue Service, a number of questions arose concerning the amnesty including eligibility, scope and the process involved.

The Federal Inland Revenue Service (FIRS) has established a new Large Tax Office (LTO) located in Apapa, Lagos effective from 15 May, 2020.

The Federal Inland Revenue Service (FIRS) has again issued a public notice to remind companies of their obligations to file tax returns and to do so on time (within 6 months of financial year end date).

The FIRS has indicated that all concessions for waivers of penalty and interest on outstanding tax liabilities will come to an end by 31 December 2020

The Federal Inland Revenue Service (FIRS) and the FCT Internal Revenue Service (FCT-IRS) have issued a joint public notice informing taxpayers and the general public...

The acting Executive Chairman of the Federal Inland Revenue Service (FIRS) in a press conference and meeting with stakeholders on resuming office disclosed the focal areas for his administration.

The Lagos State Internal Revenue Service (LIRS) has announced the extension of the deadline for filing personal income tax returns by 2 months from 31st of March to 31st of May 2020.

Get the highlights of the recently signed Budget (2016 Appropriation Act) of the Federal Government of Nigeria and the Medium Term Expenditure Framework (MTEF).

The national tax policy review committee has completed its assignment and yesterday submitted the revised National Tax Policy (NTP) to the finance minister.

On 14 June 2017, the Federal Executive Council (FEC) approved a memo submitted by the Minister of Finance seeking Nigeria's inclusion as a signatory...

On the 21st and 22nd March 2016, the National Economic Council held a strategy retreat at the state house in Abuja.

On 22nd January 2016, the Tax Appeal Tribunal (TAT) sitting in Lagos reinforced the principle established by the Court of Appeal in FIRS v Halliburton...

The Organisation for Economic Cooperation and Development (OECD) on 18 December 2017 released the latest edition of its Model Tax Convention incorporating various changes developed...

The Senate has rejected the report of its committee on the National Roads Fund (Establishment, etc) Bill 2017.

A new Executive Order (008) which takes effect from 8 October 2018 has been signed by President Muhammadu Buhari.

The National Assembly of Vietnam has enacted the long-awaited Personal Data Protection Law (abbr "PDPL") on 26 June 2025. This law represents a significant milestone in finalising...