tax policy

Federal tax incentives have improved profitability for Nigerian pharmaceutical manufacturers, but retail drug prices continue rising, limiting access to essential medicines for millions of patients.

National Treasury's budget office director resigns after helping stabilize public debt trajectory, as Finance Minister Godongwana implements tax relief measures and biometric fraud controls targeting R3bn in grant savings.

The Lagos State Government has mandated licensed betting operators to automatically deduct a 5% withholding tax from customer winnings, marking the latest move in the state's aggressive revenue expansion strategy.

New tax regulations targeting trust and estate structures could see income taxed at rates up to 25%, marking a significant shift in how wealth management vehicles are treated under Zimbabwean fiscal policy.

New tax regulations clarify that Nigerians living abroad will not face taxation on foreign-earned income remitted home, while introducing double taxation safeguards for expatriate citizens.

Finance Minister Enoch Godongwana faces the delicate task of balancing fiscal consolidation with economic growth as he prepares to deliver Budget 2026 on 25 February, with fuel levy increases among the revenue measures under consideration.

Nigeria's Presidential Committee on Fiscal Policy and Tax Reforms has dismissed allegations that the Nigeria Tax Act 2025 imposes a 25% levy on construction materials, clarifying that the legislation aims to enhance housing affordability and economic stability.