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FCT-IRS generates N43.8bn in January, exceeds 2024 target

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has announced a strong start to the year, generating N43.8 billion in taxes for January 2025....
Business

Nigerian govt slams fresh $81.5bn lawsuit against Binance over tax, economic losses

The Federal Government through the Federal Inland Revenue Services (FIRS) has taken legal action against leading cryptocurrency platform, Binance Holdings Limited, filing a lawsuit...
Business

FG Collected N603bn Tax From Consumer Goods Companies, NGX Demands Incentives

Companies in the consumer goods segment of the Nigerian Exchange Ltd (NGX) paid a total of N603bn in taxes to the federal government.The Chief...
Business

FCT-IRS Generates N252.8bn, Surpasses 2024 Target

The Federal Capital Territory Internal Revenue Service (FCT-IRS) revealed that it generated over N252.8bn in revenue during the 2024 fiscal year, which represents a...
Business

Agbakoba reveals how Nigeria can attain N500tr budget by 2030

A former president of the Nigeria Bar Association (NBA) and Senior Advocate of Nigeria (SAN), Dr. Olisa Agbakoba, has urged Nigeria to deploy innovation...
News

Tax reform bills: Afenifere calls for understanding, says it’s not targeted against any region

The pan-Yoruba socio-cultural and socio-political organisation, Afenifere, has stated that the tax reform proposed by the Federal Government has a lot of beneficial potentials.In...
News

Akwa Ibom to digitise tax collection in 2025

Akwa Ibom State Revenue Service said it would commence full digitalisation of all tax collection processes in the state beginning from the 2025 fiscal...
News

Tax Reforms: FIRS allays fears, says no introduction of new taxes

Federal Government tax reformation proposals will not lead to job loss or infect more pains on Nigerians.Chairman of Federal Inland Revenue Service ( FIRS...
Business

EFCC to go after companies, individuals evading tax

The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, said on Friday the commission would go after corporate organisations evading tax...
Business

Bill Gates rates Nigeria’s tax collection rate, says it’s too low

The co-chair of the Bill and Melinda Gates Foundation, Bill Gates, stated yesterday that Nigeria’s tax collection rates are low, pointing out that this...
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