By OBI DAVIES THE Nigerian British Chamber of Commerce (NBCC) has urged the Federal Government to make its tax reforms more predictable and transparent to boost business confidence and attract investment. NBCC President, Prince Abimbola Olashore, said many businesses—especially SMEs—struggle to understand key provisions due to poor communication and inconsistent interpretations. He called on the […]
By FIDELUS ZWANSON PRESIDENT of the Chartered Institute of Taxation of Nigeria (CITN), Mr. Innocent Ohagwa, says the new tax reform will benefit low-income earners and small businesses rather than burden them. Speaking at the investiture of the 7th Chairman of CITN Ilorin District, Ohagwa explained that companies with turnover below ₦100 million or assets […]
THE Federal Government of Nigeria has officially gazetted its new tax reform laws, with full implementation set to begin January 1, 2026. The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, disclosed this development in a post on X (formerly Twitter) on Monday. The newly gazetted laws include: Nigeria Tax […]