The Debt Management Office (DMO) has officially announced a massive ₦1 trillion Federal Government of Nigeria (FGN) bond offer for public subscription. The double-tranche debt issuance is structured with a face value of ₦1,000 per unit, providing institutional investors, high-net-worth individuals, and corporate entities a sovereign-backed avenue to […]
TAX
The Executive Secretary of the Joint Revenue Board (JRB), Olusegun Adesokan, has declared that Nigeria’s tax reform program has effectively reduced financial pressure on low-income individuals while completely removing unnecessary, overlapping levies across the country. Adesokan shared these details while delivering a comprehensive review of the progress achieved twelve months […]
Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has disclosed that he has received threats on his life because of his involvement in carrying out Nigeria’s extensive tax reforms. Oyedele revealed this in Abuja on Tuesday at a governance colloquium held […]
By Peace Timi Nigeria’s most comprehensive tax overhaul in decades came into effect on January 1, 2026, marking a bold step by the federal government to modernize the nation’s fiscal architecture, improve compliance and promote economic growth. The reforms, encapsulated in the Tax Reform Acts 2025, consolidate multiple tax laws […]
The Nigerian Electricity Regulatory Commission has released rules on the process for tariff reviews in the wake of the controversy surrounding the Federal Government’s alleged increase in electricity rates. In accordance with the Electricity Act 2023, the commission must review and approve a fair tariff to enable licensees to recover […]
Nigeria’s ongoing tax reform efforts are set to bring transformative benefits to citizens and businesses, fostering economic growth, enhancing transparency, and aligning the nation’s tax system with global standards. These reforms aim to simplify tax compliance, reduce the tax burden, and promote a business-friendly environment while safeguarding the welfare of […]