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Business

We Won’t Increase Taxes, FIRS Boss Assures Companies

Acting Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has allayed fears being expressed by corporate organisations that the resolve of FIRS...
Business

FIRS Gives Taxpayers Two Weeks To Remit All VAT, Withholding Tax Deductions

The Federal Inland Revenue Service on Tuesday issued a two-week ultimatum to all taxpayers to remit all Value Added Tax and Withholding Tax deductions...
Business

I Inherited N1.4bn, Left N129bn In FIRS Account, Says Nami

The immediate past Chairman of the Federal Inland Revenue Service, Muhammad Nami has said that he inherited N1.4bn when he took over as Chairman...
Business

Tax Reforms Committee Chairman, Oyedele Confirms Receiving N5bn From Ex-FIRS Boss

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has confirmed receiving N5bn from the former Executive Chairman of the...
Business

Despite NEITI’s $1.9bn FAAC Under-Remittance Claim, FG Still Owing NNPC Ltd Over $9.74bn Fuel Subsidy Debt

Despite the claims by the Nigeria Extractive Industries Transparency Initiative (NEITI) that the defunct Nigeria National Petroleum Corporation (NNPC) did not remit $1.9bn to...
Business

JUST IN: FIRS Generates N8.5trn In Nine Months As Adedeji Takes Over From Nami

Between January 1 and September 14 this year, the Federal Inland Revenue Service generated the sum of N8.5trn for the federation, the outgoing Executive...
News

Tinubu retires FIRS boss, appoints Adedeji acting chairman

Adedeji’s appointment was announced Thursday evening by the Senior Special Adviser on Media and Publicity to the President, Ajuri Ngelale.According to Ngelale, President Tinubu...
Business

Telcos, Radio, TV Stations To Pay VAT On Mast, Others From September—-FIRS

The Federal Inland Revenue Service will begin its new Value Added Tax regime for companies by September as the Federal Government doubles its search...
Business

JUST IN: Nigeria Losing N20trn To Tax Evaders As FG Set To Reduce Revenue Collection Agencies

Taiwo Oyedele, the Chairman of President Bola Tinubu’s Committee on Fiscal Policy and Tax Reform has said that his committee is planning to trim...
Business

FIRS to start taxing informal sector, track 40 million market traders’ revenues

The Federal Inland Revenue Service (FIRS) will start collecting taxes from market traders or the informal sector on behalf of the Federal Government.In a...
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