From January 1, 2026, Nigeria's tax rules for businesses will look very different. This means it is important for businesses to understand what counts as business income, which taxes apply, and the reliefs and exemptions available. It also means that both small and large businesses will know exactly what they need to do to stay compliant.
The new tax reform, which takes effect from January 1, 2026, brings major changes to how Nigerians are taxed. Here is what you need to know.
The start of December carries a unique kind of energy: calm, reflective, and a little emotional. It’s the moment many people begin to replay the year in their minds, feeling both proud of how far they’ve come and thinking about what they could have done better.
Once the year starts winding down, it’s like the whole world agrees to tempt us at the same time. Everywhere you turn, someone is announcing a discount, a flash sale, a midnight deal or a “you can’t miss this” offer. And even the strongest of us start looking at items we never planned for, suddenly convinced that this is the best moment to buy them.