Insights

6 ways the proposed personal income tax will change your businessย 

The proposed changes to Nigeriaโ€™s personal income tax will impact employee retention, compensation, compliance, and business costs.

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Nigeria exempts manufacturers, energy producers from WHT in 2025 โ€“ Thereโ€™s moreย 

Nigeriaโ€™s WHT regulations exempt manufacturers, energy producers, and small businesses, making tax compliance easier and promoting growth.

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Whatโ€™s at stake as Kwara NLC demands 50% tax relief for public workers

Kwara NLC’s call for a 50% tax cut could result in higher corporate taxes or levies to bridge the shortfall and increased costs for companies.

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Real estate sector to flourish under tax reforms says Adamakin CEO

Tax reforms and clearer land titles could unlock Nigeriaโ€™s real estate potential, says Adamakin Investment CEO Akindele Afolabi.

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Nigeriaโ€™s company income tax drops 28% amid tough business climate

In 2024, Nigeria’s revenue from company tax fell by 28% in one quarter due to rising prices, a weak Naira, and high borrowing costs.

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Uganda businesses brace for impact as Facebook returns

Years after a ban, Facebookโ€™s return opens new business doors but could also bring back digital taxes.

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Nigeria: 5 key VAT changes every CFO, business owner must know

Five ways Nigeriaโ€™s proposed VAT reforms will impact company owners, including lower costs, easier planning, and more growth funds.

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Healthcare tax burden puts loans, investments at risk

When private clinics struggle to stay open, the ripple effects go beyond healthcareโ€”they shake the financial systems that support it. In Lagos, private doctors are raising the alarm about excessive taxes and fees, warning that these pressures could destabilise Nigeriaโ€™s healthcare sector and the financial institutions tied to its growth. Private clinics, which provide over…

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Drug tax waiver to boost pharmaceutical investments in Nigeria

Nigeriaโ€™s drug tax waiver in 2025 lowers production bariers and presents fresh investment opportunities for financial services providers

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A timeline of the tax reform bills in Nigeria: The journey so far

Follow the drama and intrigue of the Nigerian Tax Reform Bills from its first launch to reactions from key stakeholders.

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6 significant ways the tax reform bills will impact small businesses

Whether you’re shopkeeper or local startup founder, itโ€™s time to pay attention on how Nigeria’s latest Tax Reform Bills Affect you.

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What the FIRS’ new guidelines on advance pricing agreements mean for you

FIRS introduces Advance Pricing Agreements to simplify transfer pricing and reduce tax disputes for businesses.

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An important family detail you may have missed in Nigeria’s tax reform bills

What does Nigeria’s tax reform bill say about inheritance? Taiwo Oyedele clarifies misconceptions and explains the focus on family income taxation.

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