The Nigeria Employers’ Consultative Association (NECA) has expressed support for the implementation of new tax legislation scheduled to begin in January. The Director-General of NECA, Mr Wale Smatt-Oyerinde, disclosed this at a media briefing on Tuesday in Lagos. He commended […]
Business Law
By Peter Egwuatu The Securities and Exchange Commission, SEC has directed capital market operators to renew their registration from January 1 to 31, 2026. In a bid to make the process as seamless as possible, the Commission also disclosed that it will […]
The Federal Government, FG, has inaugurated the National Tax Policy Implementation Committee (NTPIC), marking a deliberate shift toward a more predictable and market-aligned rollout of the newly enacted capital-gains-tax (CGT) provisions. The move follows extensive technical engagements with key capital-market institutions, […]
The East African Court of Justice has dismissed a case challenging TotalEnergies’ massive oil project in Uganda and Tanzania, after civil society groups sought a full trial over the controversial development. Four civil society groups first filed a petition in […]
By Babajide Komolafe The Federal Inland Revenue Service (FIRS) has refuted recent allegations concerning the appointment of Xpress Payments as part of the national revenue collection system, describing the claims as inaccurate and capable of politicising a strictly administrative process. In a […]
Peter Egwuatu Barring unforeseen circumstance, the Securities and Exchange Commission (SEC) will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28, 2025, in a move designed to align with global best practices and enhance market efficiency. […]
By Babajide Komolafe President Bola Tinubu’s bold tax reform initiatives are central to Nigeria’s strategy for economic resilience, Dr. Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service, FRSC, has said. Speaking at the maiden lecture series of the […]
By Omowunmi Samuel A recent online claim has caused confusion regarding the Federal Inland Revenue Service’s (FIRS) enforcement of withholding tax on investment income. The claim suggests that the government is attempting to target Nigerians’ savings through a new tax […]
A former President of the Nigerian Bar Association (NBA), Dr. Olisa Agbakoba (SAN), has unveiled a three-point strategy he believes can transform Nigeria into a N1.5 quadrillion economy within 10 to 15 years. In a letter addressed to the Minister […]
From 1st January 2026, the new tax laws will provide many reliefs and exemptions for low-income earners, average taxpayers, and small, according to Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele. In an update on his X handle […]