tax reform

  1. 7 Things to Know About Nigeria's 5% Fuel Tax

    Nigeria 7 Things to Know About Nigeria's 5% Fuel Tax

    The Digest: Amid widespread debate and public concern, the Nigerian government's new 5% surcharge on fuel and diesel has become a key topic. This list breaks down the most important aspects of the tax, from its legal history to its intended purpose and the public reaction it has generated...
    • Nigeria News
    • Article
    • 2 min read
    • fossil fuel tax fuel tax tax reform
    • Category: Business
  2. Nigeria’s Tax Overhaul: Full List of Items Exempted from VAT in Latest Reform

    Nigeria Nigeria’s Tax Overhaul: Full List of Items Exempted from VAT in Latest Reform

    The Digest: Nigeria’s new tax reform, signed into law by President Bola Tinubu, introduces several key changes, including a broad list of VAT-exempted items. The new legislation, effective as of January 2026, targets a range of essential goods and services, providing tax relief across various...
  3. New Tax Law: Banks to Report N5m+ Transactions Monthly

    Nigeria New Tax Law: Banks to Report N5m+ Transactions Monthly

    The Digest: Nigeria is set to implement a sweeping tax reform, effective in 2026, mandating banks to report all customer accounts with monthly transactions exceeding N5 million to tax authorities. This directive marks a significant Fiscal Shift aimed at enhancing transparency, improving...
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