BUSINESS● LOWSep 28 · Sep 28, 2026, 6:26 AM
FG slashes interest rate on late tax payment
Vanguard Nigeria · sub saharan africa
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 arrangement, interest on tax liabilities payable in naira will be pegged to the Central Bank of Nigeria’s (CBN) Monetary Policy […] The post FG slashes interest rate on late tax payment appeared first on Vanguard News.
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