President Bola Ahmed Tinubu unveiled the 2024 Federal budget proposals to a joint session of the National Assembly on November 29, 2023. Dubbed as the “Budget of Renewed Hope,” this budget marks the first comprehensive proposal of the current administration. It is strategically crafted to strengthen macroeconomic stability, diminish deficits, boost capital spending, and allocate […]

Introduction As we reflect on the past couple of years from 2022 to 2024, it’s fascinating to see how the landscape of digital asset taxation has evolved, particularly in Nigeria. The digital economy has continued to expand, encompassing various digital assets such as cryptocurrencies and Non-Fungible Tokens (NFTs). In this article, we’ll delve into the

Introduction In fostering economic growth, attracting investments, and promoting national development, maintaining a predictable tax environment with consistent policy administration is paramount. The Nigerian National Tax Policy of 2017 underscores the significance of providing tax incentives to specific sectors or activities to spur investment, while cautioning against abrupt changes to such incentives unless legally mandated.