The Digest:
As the January 1, 2026, enforcement date for Tax Identification Number (Tax ID) compliance approaches, widespread confusion has prompted official clarifications to dispel myths and outline the new requirements. The policy, anchored in the Nigerian Tax Administration Act 2025, aims...
The Digest:
The Federal Inland Revenue Service (FIRS) has clarified the straightforward pathways for Nigerians to obtain their Tax Identification Number (TIN). According to a recent explainer, the process is designed to be accessible, whether undertaken online, in-person, or through a...
The Digest:
Following the announcement that a Tax Identification Number (Tax ID) will be mandatory for operating bank accounts from January 2026, Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has clarified key aspects of the new policy through a...