Nigerian exporters will now have to repatriate their foreign exchange earnings through official banking channels before qualifying for tax exemption on export profits.
This applies to companies exporting goods or services and requires verifiable evidence that proceeds were brought into the countr
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Chioma Nwangwu
Chioma Nwangwu is a Tax Reporter at BusinessDay, covering Nigeria’s tax policies, regulatory reforms, and compliance trends. She reports on how evolving tax rules impact businesses, investors, and the economy, translating complex fiscal regulations into clear, actionable insights.