The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
Nigeria has launched an inter-ministerial panel in Abuja to rewrite the country’s Value Added Tax rules within six weeks. Finance Minister Taiwo Oyedele set the deadline during the committee’s formal inauguration, demanding a framework that settles persistent disputes over exemptions. The assignment compels officials to draft a new 2026 VAT Modification Order before the fiscal…
Nigeria’s tax landscape is undergoing a fundamental restructuring aimed at relieving low-income earners while tightening the net on high-net-worth individuals and corporate profits. Speaking at the 2026 BusinessDay Tax Conference in Lagos, Adesokan of the Joint Revenue Board (JRB) revealed that the reforms seek to stop “taxing poverty.” The new regime consolidates a fragmented library…
The Nigeria Revenue Service has dismissed widespread reports claiming that Value Added Tax is being imposed directly on bank transfers, clarifying that the 7.5 per cent levy applies exclusively to service fees charged by financial institutions and not to the actual funds being moved by customers. In a statement issued on Thursday, the federal…
The National Assembly has moved to quell a brewing constitutional crisis by directing its Clerk to immediately re-publish the nation’s newly passed tax laws and issue Certified True Copies of the versions originally passed by parliament. This decisive action follows serious allegations by a lawmaker that the Acts signed into law and published by the…