BREAKING: FG Gazettes New Tax Laws, Exempts Small Businesses From Corporate Tax

The Federal Government has officially gazetted Nigeria’s new tax reform laws following President Bola Tinubu’s assent to the legislations on June 26, 2025. A statement signed by the Personal Assistant on Special Duties to the President, Kamorudeen Yusuf, on Wednesday, confirmed the publication of the four legislations: the Nigeria Tax Act 2025, Nigeria Tax Administration…

Read More

FLASH: Ex-NNPC GM Convicted In US Over $2.1m Bribe, Faces 10-Year Prison Sentence

A United States court has found Paulinus Okoronkwo, a Nigerian-American, guilty of receiving a $2.1 million bribe. Okoronkwo, former general manager of the Nigerian National Petroleum Corporation (NNPC), now NNPC Limited, was found guilty of transactional money laundering, tax evasion, and obstruction of justice. Prosecutors said while serving as NNPC’s upstream division general manager, Okoronkwo…

Read More
Go Up