Taxation

According to The Punch, the Nigeria Export Processing Zones Authority (NEPZA) urged the Federal Government to grant a 10‑year tax relief/transition period for operators in Special Economic Zones to protect investor confidence as a new tax a

Taiwo Oyedele says tax authorities cannot debit taxpayers’ bank accounts without following due legal process, stressing the need for court-backed enforcement.

According to The Punch, the Federal Inland Revenue Service (FIRS) said a tax-cooperation MoU with France does not compromise Nigeria’s tax sovereignty amid public debate and calls from some groups to terminate the arrangement.

Nigeria bans wood exports and revokes licences as part of an environmental crackdown aimed at slowing deforestation.

According to The Punch, Dangote has called for a probe of the NMDPRA boss as the petrol pricing and supply dispute intensifies.

Punch reports Nigeria’s tax authority has transitioned from FIRS to the Nigeria Revenue Service (NRS) with a new identity tied to wider revenue-administration reforms.

The Presidency says Nigeria’s new tax reforms will start January 1, 2026, despite calls for suspension and claims of post-passage alterations.

ADC is urging the Presidency to pause tax reforms and probe claims the law was altered after passage.

Reporting by Vanguard indicates Nigerian banks are notifying customers that a N50 stamp duty will apply to electronic transfers above N10,000 starting January 1, reflecting changes…

Punch reports the House set up a committee to probe claims that gazetted tax laws differ from what lawmakers passed, as PDP seeks a rollout delay.