Tax Updates: Nigeria’s Tax Reform Enters a New Phase, NRS Releases 9 Guiding Circulars

August 13, 2026

Six months after the Nigeria Tax Act (NTA) and Nigeria Tax Administration Act (NTAA) came into force, the Nigeria Revenue Service has issued nine Information Circulars offering long-awaited clarity on their implementation: spanning capital gains, company income tax, VAT, stamp duties, tax refunds, and treaty benefits.

While not law, these Circulars reveal how the NRS intends to interpret and enforce the new tax regime, making them essential reading for every taxpayer navigating the transition.

Read our full analysis to understand what’s changed and what it means for you.