tax

The new tax law in Nigeria is currently being corrected, and Taiwo Oyedele has admitted that there were mistakes

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The new tax reform rules in Nigeria have certain mistakes, and now even the minister of state for finance, Taiwo Oyedele, has acknowledged this. On the other hand, he promised that steps to fix the problems have already been taken. During his speech at the Nigerian Bar Association’s 2026 annual conference, Oyedele made the announcement … Read more

The presidency and experts react as Nigerian banks’ 10% withholding tax on interest creates controversy

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Nigerians and investors have expressed rising dissatisfaction with the implementation of a 10% Withholding Tax (WHT) on interest earned from savings and short-term investments. Over the last three days, many dissatisfied investors have flocked to social media sites, particularly X, to express their discontent, as numerous fintech banks began deducting the 10% WHT on earned … Read more