TAX

July 19, (THEWILL) — In the high-stakes world of mergers and acquisitions (M&A), where fortunes are made and lost, overlooking the intricate dance of tax implications can be a costly misstep. These transactions, which reshape the corporate landscape, are...

July 5 (THEWILL) — Many Nigerian small-business owners assume that once they register with the Corporate Affairs Commission, the taxman will be one and the same for every levy. That assumption can cost you time, money and sleepless nights....

June 29 (THEWILL) — Nigeria’s tax landscape is currently navigating one of the most significant structural overhauls in modern fiscal history. With the sweeping implementation of the new Nigeria Tax Acts, the ground rules for compliance, reporting, and asset...

June 28 (THEWILL) — The Federal Government has just handed businesses and taxpayers a long-awaited lifeline: Clear transition guidelines for the new Nigeria Tax Acts 2025, which come into force on 1 January 2026. For many business owners who...

June 26 (THEWILL) — The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said Nigeria’s revenue challenge is not about raising tax rates but expanding the number of taxpayers through improved compliance and...

June 22 (THEWILL) — Company Income Tax (CIT) payments from Nigeria’s manufacturing sector plunged by 68.25 percent year-on-year in the first quarter of 2026, underscoring the mounting pressures facing producers amid a new tax framework, weak consumer demand and...

June 22, (THEWILL) — When fiscal policy and social welfare intersect, the intention is almost always to protect the most vulnerable segments of the workforce. It was in this spirit of economic empathy that the federal government introduced sweeping...

June 21 (THEWILL) — Nigeria’s manufacturing sector is currently facing an unprecedented fiscal storm, caught in a high-stakes legislative tug-of-war that could soon redefine the cost of everyday consumer goods. On June 4, 2026, the Senate took a definitive...

June 19 (THEWILL) — Nigeria's tax revenue rose by 49 percent in the first five months of 2026, driven by sweeping tax reforms and stronger collections from key sectors of the economy. According to documents seen by Bloomberg, revenue collected...

June 17, (THEWILL) — The Federal Government has assured Nigerians that there are no plans to introduce new taxes on petroleum products or telecommunications services, dismissing widespread reports suggesting fresh tax measures are being considered as inaccurate and misleading. In...