The Digest:
Nigeria's new tax laws that took effect on January 1, 2026, represent a major fiscal overhaul designed to simplify and broaden the revenue base, but their implementation has been clouded by significant misinformation and public panic that requires urgent clarification.
Key Points...
The Digest:
Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has called on security agencies to be vigilant in response to rumours of planned public protests against the newly implemented tax laws, urging citizens to rely on facts over misinformation.
Key Points:
NRS Chairman...
The Digest:
The Federal Inland Revenue Service (FIRS) has officially changed its name to the Nigeria Revenue Service (NRS) and unveiled a new corporate identity, aligning with the implementation of new tax laws starting January 1, 2026.
Key Points:
The official rebranding and logo...
Introduction
In a landmark move to reshape the nation's economic landscape, President Bola Ahmed Tinubu formally enacted four major Tax Reform Bills on June 26, 2025. These new statutes, the Nigeria Tax Act (NTA), the Nigeria Tax Administration Act (NTAA), the Nigeria Revenue Service Act (NRSA)...