Tax

Corruption

Nigerians charged in $100m U.S. tax refund fraud scheme

Plu Team -
U.S. prosecutors have charged two Nigerians over an alleged scheme to defraud the Internal Revenue...
Economy

Tax fever builds as Nigerians face low awareness, harsh penalties

Plu Team -
Nigeria’s push to widen its tax net is colliding with low public awareness and...
Corruption

Freed by Biden, Nigerian in multimillion dollar fraud faces U.S. citizenship loss

Plu Team -
The U.S. Department of Justice has moved to revoke the American citizenship of a...
Economy

Tinubu appoints tax czar Oyedele minister

Plu Team -
President Bola Ahmed Tinubu has nominated tax reform chief Taiwo Oyedele as minister of...
Economy

Tinubu’s tax laws ‘doctored’ after NASS approval, lawmaker says in explosive claim

Plu Team -
Nigeria’s already contentious tax reform programme has taken a dramatic turn after a federal...
Policy

Tinubu govt to directly tax bank money Nigerians can’t explain

Plu Team -
From 2026, the federal government will start deducting taxes directly from the bank accounts...
Markets & Investing

First Bank begins deduction of 10% withholding tax on short-term securities

Plu Team -
First Bank of Nigeria has begun implementing a 10% withholding tax (WHT) on interest...
Policy

Looming tax on Nigerian stocks rattles investors. Govt tries to clarify again

Plu Team -
The federal government’s tax reform committee has published more details of a new capital...
Main Story

FIRS imposes tax on short-term investments amid concerns over Nigeria’s expanding tax net

Plu Team -
Nigeria’s Federal Inland Revenue Service (FIRS) has introduced a 10% withholding tax on interest...
Economy

5% petrol and diesel tax delay offers little relief for Nigerians

Plu Team -
Nigeria’s worst cost-of-living crisis in a generation is set to deepen, as government confirmation...
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