2026 Outlook: Tax Reform Update and Trading Investment Plan Communication


Dear Valued Clients and Esteemed Investors,


We extend our sincere appreciation to you for your continued trust, cooperation, and partnership with Akinyele Oluwale & Co. Your confidence and commitment remain fundamental to our ability to serve you effectively across our tax advisory and trading investment plan engagements.


Tax Reform Update

We commend our clients for their consistent fulfillment of tax obligations and their contribution to Nigeria’s socio-economic development during the last fiscal year. Your compliance—whether as corporate entities or individual taxpayers—plays a critical role in national growth, infrastructure development, and public service delivery.

As we transition into 2026, Nigeria’s ongoing Tax Reform agenda is aimed at building a fairer, simpler, and more growth-oriented tax system. Key developments include enhanced tax administration through expanded digital platforms, the transition from FIRS to the Nigeria Revenue Service (NRS), reduced compliance burdens, and improved taxpayer services. Importantly, the reforms prioritize broadening the tax base rather than increasing tax rates, encouraging voluntary compliance, and strengthening transparency and accountability in tax revenue utilization.

Corporate taxpayers continue to benefit from reforms that support ease of doing business, clearer regulatory guidance, and incentives for investment and job creation. Individual taxpayers equally benefit from improved taxpayer identification systems, balanced enforcement mechanisms, and increased taxpayer education and awareness.

We remain fully committed to keeping you informed, compliant, and strategically positioned under the evolving tax landscape.


Trading Investment Plan Update

Reflecting on the 2025 financial year, we sincerely appreciate your patience, trust, and confidence in our investment operations. The year presented significant global and local market challenges that impacted financial markets broadly. These conditions contributed to the delayed and, in some instances, failed payouts experienced during the period.

We wish to clearly reaffirm that these setbacks were driven by market conditions and not by any lack of commitment, integrity, or operational diligence on our part.

Looking ahead to 2026, we remain firmly focused on stabilizing operations and addressing outstanding payout obligations. Strategic measures are already being implemented to mitigate market risks, strengthen performance, and enhance resilience. We are confident that these steps will support improved outcomes in the near term.

We deeply value your partnership and remain committed to transparency, accountability, and sustainable long-term growth.

Thank you for your continued support as we move forward together.


Yours faithfully,
Akinyele Oluwale & Co.

Auditing
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Auditing
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Auditing
When it comes to auditing, we at Akinyele Oluwale and Co. ensure that our reports are comprehensive, clear, concise, consistent, and constructive. Engage us for your periodic audits, due diligence, reconciliations, and investigations of your financial records. We give our attention to all entities, whether enterprises or any form of corporate body. We gather necessary documents, identify areas with potential financial risk or irregularities. Examine financial records, transactions, and internal controls. Compile findings in an audit report, highlighting any discrepancies and providing recommendations. Discuss the audit findings with management and ensure corrective actions are taken. Please note that our prices vary, and the quoted amount is for a small company.
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Gather necessary documents.
Identify areas with potential financial risk or irregularities.
Examine financial records, transactions, and internal controls.
Compile findings in an audit report, highlighting any discrepancies and providing recommendations.
Discuss the audit findings with management and ensure corrective actions are taken.
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Ensures financial statements are accurate and free of material misstatements.
Verifies adherence to regulatory and accounting standards.
Builds trust with investors and stakeholders by ensuring transparency.
Detects and helps prevent fraud and financial irregularities.
Identifies areas for improvement in financial and operational processes.
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