July 2, 2025

The Interplay of Politics and Economics in Tax Reform

Nigeria’s latest round of tax reforms—introduced through legislative amendments and fiscal policy announcements—has been branded by the government as transformational. With a vision to broaden the tax base, boost revenue, and reduce dependence on oil, the reforms promise a more equitable system. But the big question remains: Will they actually benefit millions of hardworking Nigerians—those […]

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CAC Introduces AI-Driven Portal to Complete Company Registrations in 30 Minutes

The Corporate Affairs Commission (CAC) has unveiled a pilot Artificial Intelligence-driven registration portal designed to transform the current Company Registration process. Hussaini Ishaq Magaji, the Registrar-General and CEO of CAC, announced the launch during the 2025 Stakeholders’ Forum meeting. The commission described this innovative platform as a major breakthrough aimed at drastically reducing registration timelines

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Lagos to Launch Digital House Numbering to Curb Tax Evasion

The Lagos State Government has introduced the Lagos Identity Project, a digital house-numbering system designed to improve property identification and service delivery throughout the state. Dr. Olajide Babajide, the Special Adviser to the Governor on Enterprise Geographic Information System, stated that this initiative will greatly enhance the accuracy of property identification and the efficiency of

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FIRS Launches Reward Program to Encourage MSME Tax Compliance

The Federal Inland Revenue Service (FIRS) is giving Micro, Small, and Medium Enterprises (MSMEs) across Nigeria more reasons to stay compliant. Through a newly launched incentive scheme, FIRS is offering cars, cash prizes, and other valuable rewards to businesses that consistently file their tax returns and pay taxes on time. Promoting a Stronger Tax Culture

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