BUSINESS

New tax laws: Only income is taxable, not bank inflows — Analyst

Daily Dispatch January 10, 2026

Economic analyst, Kalu Aja, has said that money entering a bank account is not automatically taxed, contrary to widespread belief. Aja made the comment on Nairametrics’ X space on Thursday, with the topic “How the new tax law affects your pay, business and daily spending. The clarification

COLUMNS

A Rejoinder To ‘Bola’ s Tax: When Simple Logic’ Becomes Simple Misdirection

Daily Dispatch January 8, 2026

By Tanimu YakubuThe essay you circulated is rhetorically powerful, but its “simplicity” is achieved by subtracting the very provisions that determine the outcome. That is not clarity; it is selective accounting.Let’s dismantle the argument on its own terms calmly, sequentially, and with arithmetic that actually follows the law.1) The core confusion: pension and health

NEWS

2026 And The Tax Man

Daily Dispatch January 5, 2026

By Kazeem AkintundeOne issue that would dominate discourse this year is the new tax laws which came into effect on January 1. Asides partisan politics, the tax issue would command significant attention. Already, many Nigerians are apprehensive on what to expect and how much the tax man (President Tinubu) is likely to take from their […]

BUSINESS

Tinubunomics and the arithmetic of illusion

Daily Dispatch January 4, 2026

By Tanimu Yakubu A striking feature of Nigeria’s current economic debate is the enthusiasm with which huge numbers are circulated—and the casualness with which they are assembled. Tax collections are added to oil receipts; oil receipts are added again under customs or “subsidy savings”; borrowing is treated as income; and the resulting total is presented

BUSINESS

FG plans tax exemption cards for small businesses under ongoing reforms

Daily Dispatch December 31, 2025

The Federal Government has announced plans to introduce tax exemption cards for small businesses and informal sector operators nationwide as part of its ongoing tax reform agenda. The initiative, according to the government, is designed to protect low-income earners and small-scale entrepreneurs from the burden of multiple taxes, levies and arbitrary charges imposed by

NEWS

Reps Minority caucus demands immediate suspension of new Tax Laws

Daily Dispatch December 29, 2025

The House of Representatives Minority Caucus has urged the Federal Government to immediately suspend the implementation of Nigeria’s new tax laws over alleged post-passage alterations. Led by Minority Leader Rep. O.K. Chinda, the caucus says the gazetted versions differ from what lawmakers debated and passed. The affected laws are the Nigeria Tax Act 2025, Nigeria […]