Nigeria’s Tinubu Signs New Tax Laws in Latest Reform Push (1)

Nigerian President Bola Tinubu has signed four new tax laws, marking the latest chapter in his push to reform the economy of Africa’s most populous nation.

The new rules, which overhaul some levies that date back to Nigeria’s colonial era, are designed to boost government revenue as a share of gross domestic product from levels that rank it among the lowest in the world.

Bola Tinubu.

Photographer: Krisztian Bocsi/Bloomberg

They will reduce taxes for low-income households and small businesses while making the wealthy and larger companies pay more. The bills are the most significant reforms since the president loosened currency rules and phased out ...