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

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.

FIRS says a fire at its Abuja office was contained with no deaths recorded, and an investigation has begun.

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

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

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

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

The NBA and Atiku Abubakar want Nigeria’s new tax laws paused, alleging the gazetted version differs from what lawmakers passed. The controversy could unsettle compliance planning and investor confidence unless authorities quickly verify and publish the final text.

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.

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…