by Stren & Blan Partners | Apr 20, 2026 | Tax
On 1 April 2026, the Federal Government through a Circular signed by the Honourable Minister of Finance and Coordinating Economy, approved the implementation of the 2026 Fiscal policy measures by introducing a comprehensive review of Nigeria’s import tariff structure...
by Stren & Blan Partners | Feb 12, 2026 | Insight, Tax
Following the enactment of Nigeria’s comprehensive tax reform legislation in June 2025, the Nigeria Revenue Service (NRS) has, on 3 February 2026, provided clarification on the effective dates and application of the new tax laws. This alert provides critical...
by Stren & Blan Partners | Dec 5, 2025 | Insight, Tax
The Federal Inland Revenue Service (FIRS) has introduced a 10% Withholding Tax (WHT) on interest earned from short-term investments such as treasury bills, promissory notes, and corporate bonds which applies to both individual and corporate investors. Effective from...
by Stren & Blan Partners | Sep 1, 2025 | Insight, Tax
The Federal Inland Revenue Service (FIRS) is changing how businesses issue invoices and report Value Added Tax (VAT). The new mandatory electronic invoicing (e-invoicing) system introduced by the FIRS Public Notice issued on 9 July 2025, officially announced the...
by Stren & Blan Partners | Aug 6, 2025 | Insight, Tax
On 30th April 2025, Lagos State Internal Revenue Service (LIRS) released a Public Notice to clarify how to operate the 2024 Withholding Tax Regulations within the State. The Notice flows directly from the Deduction of Tax at Source (Withholding) Regulations 2024,...
by Stren & Blan Partners | Jul 7, 2025 | Insight, Tax
On Thursday, 26th June, 2025, President Bola Tinubu signed Four Tax Bills (Now Acts of the National Assembly) into Law. These New Acts, which are projected to transform Nigeria’s fiscal and revenue framework, include the Nigeria Tax Act, the Nigeria Tax Administration...
