The President signed an incentives program to encourage cost efficiency in upstream petroleum operations, which includes a tax credit of up to 20% of an operator’s annual tax liability. Nigeria's Ministry of Information and National Orientation

Burundi and Morocco signed their first income tax treaty on 12 May 2025. The new agreements aim to strengthen and diversify ties between the two nations. They include a tax treaty to prevent double taxation, tax evasion, fraud, and five MoUs

Nigeria’s Senate passed the Revenue Service (Establishment) Bill and the Nigeria Tax Administration Bill on 7 May 2025 after they had been considered for third reading and passed by the Senate. The Senate passed both bills but rejected the

Nigeria's Federal Inland Revenue Service (FIRS) has launched a new e-invoicing platform, the Merchant Buyer Solution (eInvoice), alongside the National Electronic Invoicing Inter-Agency Steering Committee on 29 April 2025. The rollout is phased,

Nigeria plans to launch a new Economic Development Incentive (EDI) scheme to promote sustainable economic growth and attract investment in key sectors. The scheme targets key sectors like agriculture, manufacturing, and critical infrastructure

The Nigeria Customs Service in a press release on X on 26 March 2025 announced that a two-year exemption from import duty and VAT will apply to raw materials used in pharmaceutical production. This benefit is limited to pharmaceutical manufacturers