September 8, 2025

The 5% Fuel Surcharge Under Nigeria’s New Tax Laws

The widely discussed 5% fuel surcharge under Nigeria’s new tax laws is not a newly introduced levy by the current administration. Rather, it is a restatement of an existing provision previously embedded in the Federal Roads Maintenance Agency (Amendment) Act, 2007 (FERMA Act). Its inclusion in the new tax laws forms part of a broader […]

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Nigeria Customs Service Introduces $300 De Minimis Threshold to Boost E-Commerce and Simplify Clearance

The Nigeria Customs Service Board has officially approved a $300 de minimis threshold for low-value consignments entering the country via express shipments and passenger baggage. The new policy, which takes effect from Monday, September 8, 2025, was ratified during the Board’s 63rd regular meeting held on September 2, 2025. According to the National Public Relations

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FIRS Certifies eTranzact International Plc for Nationwide Rollout of e-Invoicing Platform

The Federal Inland Revenue Service (FIRS) has officially approved eTranzact International Plc as a certified partner for the nationwide deployment of its new e-invoicing platform, known as the Merchant Buyer Solution (MBS). This development marks a significant step in the Federal Government’s ongoing efforts to digitise tax administration. Building on the earlier Tax Administration 2.0

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