Olaniwun Ajayi LP

August 4, 2026

Tax Practice Q2 Newsletter 2026

Nigeria tax updates in Q2 2026 marked a defining period in the country’s evolving tax landscape. The quarter brought significant administrative reforms and policy developments aimed at improving certainty, efficiency...

April 30, 2026

Tax Quarterly Newsletter – Q1 2026

The first quarter of 2026 marked a decisive shift from reform to implementation in Nigeria’s tax landscape. Having enacted the most comprehensive overhaul of its tax framework in decades, the...

November 10, 2025

Tax Quarterly Newsletter – Q3 2025

Our Tax Newsletter for the third quarter of 2025 reviews a busy period. Nigeria’s tax landscape kept moving, and both the courts and the revenue authority shaped that movement. Two...

October 14, 2025

Taxation of Oil and Gas Companies under Nigeria’s New Fiscal Framework

In this edition of our Deconstructing the Tax Reform Acts Series, we explore how the NTA reshapes petroleum taxation, highlight key fiscal and compliance updates, and examine what these changes...

April 22, 2025

A Review of the FIRS Advance Pricing Guidelines 2024

A Review of the FIRS Advance Pricing Agreements Guidelines 2024

Nigeria has activated its Advance Pricing Agreement (APA) regime. The Federal Inland Revenue Service (the Service) released detailed APA Guidelines on 27 November 2024, and they took effect on 1...

February 14, 2025

Nigerian Tax Landscape in 2025

Tax Wrap Up Report and Outlook 2025

It has been said that there are decades where nothing happens and weeks where decades happen. This sentiment has never been more relevant than in the 2024 fiscal year. This...

October 24, 2024

Newsletter on Deep Offshore Production and Tax Incentives 2024

Deep Offshore Production: 2024 Tax Incentives

On October 2, 2024, the Minister of Finance and Coordinating Minister of the Economy unveiled the Notice of Tax Incentives on Deep Offshore Oil and Gas Production, 2024 (the Notice)....

September 17, 2024

Olaniwun Ajayi ranks in 2025 Global Tax Rankings for Lawyers

Olaniwun Ajayi, Lawyers rank in ITR 2025 World Tax Rankings

We are pleased to announce that the International Tax Review (ITR) has recognised Olaniwun Ajayi in its 2025 ITR World Tax Rankings. This annual publication ranks the world’s leading tax...

June 3, 2020

SEP

Nigeria issues the Companies Income Tax (Significant Economic Presence) Order, 2020

The Finance Act 2019 heralded the introduction of a new framework for the taxation of e-commerce in Nigeria and this was to be based on the Significant Economic Presence (SEP)...

June 2, 2020

The Value Added Tax (VAT) Modification Order 2020

The Honourable Minister of Finance, Budget and National Planning, in the exercise of powers granted in section 38 of the Value Added Tax Act Cap V1 LFN 2004 (VATA or the Act)...

August 4, 2026

Tax Practice Q2 Newsletter 2026

Nigeria tax updates in Q2 2026 marked a defining period in the country’s evolving tax landscape. The quarter brought significant administrative reforms and policy developments aimed at improving certainty, efficiency...

April 30, 2026

Tax Quarterly Newsletter – Q1 2026

The first quarter of 2026 marked a decisive shift from reform to implementation in Nigeria’s tax landscape. Having enacted the most comprehensive overhaul of its tax framework in decades, the...

November 10, 2025

Tax Quarterly Newsletter – Q3 2025

Our Tax Newsletter for the third quarter of 2025 reviews a busy period. Nigeria’s tax landscape kept moving, and both the courts and the revenue authority shaped that movement. Two...

October 14, 2025

Taxation of Oil and Gas Companies under Nigeria’s New Fiscal Framework

In this edition of our Deconstructing the Tax Reform Acts Series, we explore how the NTA reshapes petroleum taxation, highlight key fiscal and compliance updates, and examine what these changes...

April 22, 2025

A Review of the FIRS Advance Pricing Guidelines 2024

A Review of the FIRS Advance Pricing Agreements Guidelines 2024

Nigeria has activated its Advance Pricing Agreement (APA) regime. The Federal Inland Revenue Service (the Service) released detailed APA Guidelines on 27 November 2024, and they took effect on 1...

February 14, 2025

Nigerian Tax Landscape in 2025

Tax Wrap Up Report and Outlook 2025

It has been said that there are decades where nothing happens and weeks where decades happen. This sentiment has never been more relevant than in the 2024 fiscal year. This...

October 24, 2024

Newsletter on Deep Offshore Production and Tax Incentives 2024

Deep Offshore Production: 2024 Tax Incentives

On October 2, 2024, the Minister of Finance and Coordinating Minister of the Economy unveiled the Notice of Tax Incentives on Deep Offshore Oil and Gas Production, 2024 (the Notice)....

September 17, 2024

Olaniwun Ajayi ranks in 2025 Global Tax Rankings for Lawyers

Olaniwun Ajayi, Lawyers rank in ITR 2025 World Tax Rankings

We are pleased to announce that the International Tax Review (ITR) has recognised Olaniwun Ajayi in its 2025 ITR World Tax Rankings. This annual publication ranks the world’s leading tax...

June 3, 2020

SEP

Nigeria issues the Companies Income Tax (Significant Economic Presence) Order, 2020

The Finance Act 2019 heralded the introduction of a new framework for the taxation of e-commerce in Nigeria and this was to be based on the Significant Economic Presence (SEP)...

June 2, 2020

The Value Added Tax (VAT) Modification Order 2020

The Honourable Minister of Finance, Budget and National Planning, in the exercise of powers granted in section 38 of the Value Added Tax Act Cap V1 LFN 2004 (VATA or the Act)...