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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%
Business

FG slashes interest rate on late tax payment

By Emma Ujah, Abuja Bureau Chief The Federal Government (FG) has reduced the penalty interest rate for late settlement of tax liabilities, with the new regime taking effect from October 1, 2026. Under the new…

Aggregated · originally by Vanguard
28 Sept 2026, 08:01 WAT · 3 min read
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FG slashes interest rate on late tax payment

By Emma Ujah, Abuja Bureau Chief The Federal Government (FG) has reduced the penalty interest rate for late settlement of tax liabilities, with the new regime taking effect from October 1, 2026. Under the new…

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