The Federal Inland Revenue Service (FIRS) has detailed its mandate towards diversifying the tax and revenue sources accruable to the Federal Government. Mohammed Nami, the FIRS...
The Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, said on Friday only 41 million people pay tax in Nigeria. Nami, who stated this...
Gunmen on Sunday set ablaze the Department of State Services (DSS) and Federal Road Safety Corps (FRSC) offices in Nnewi, Anambra State. An eyewitness told journalists...
Due to dwindling oil revenues accruable to the Federal Government, the Federal Inland Revenue Service (FIRS) has charged state governments to maximise the limitless potentials inherent...
The discourse on fiscal federalism and states’ right to collect Value-Added Tax (VAT) continues as the Northern Governors’ Forum is scheduled to meet later today (Monday)...
Minister of Justice and Attorney General of the Federation, Abubakar Malami (SAN) and the Minister of Finance, Budget and National Planning, Zainab Ahmed, have weighed in...
The Federal Inland Revenue Service (FIRS) has been directed to tax digital transactions across Nigeria, as President Muhammadu Buhari looks to improve FG’s poor revenue generation....
The Governor of Rivers State, Nyesom Wike, has knocked those criticising the move by the state government to challenge the legality of the Federal Inland Revenue...
The Nigerian Organized Private Sector (OPS) has requested clarification on who should get the August Value Added Tax (VAT) collected by businesses, which is due for...
The Federal Inland Revenue Service (FIRS) has called on Civil Society Organisations (CSOs) to register for tax purposes and obtain Taxpayer Identification Number (TIN), threatening to...
The Southern Governors’ Forum on Thursday declared support for the collection of the Value Added Tax (VAT) by states. The forum also charged governors to expedite...
The joint suit by Lagos and Rivers States to challenge the collection of Value Added Tax by the Federal Inland Revenue Service (FIRS) has resulted in...
The Lagos State Government has applied to be joined as a co-respondent in the appeal filed by the Federal Inland Revenue Service (FIRS) against the judgement...
The Federal Inland Revenue Service (FIRS) has said it has no plan to tax companies using the social media to transact business, but confirmed that digital...
The governor of Rivers State has threatened that the state government will shut down the premises of any bank or business organisation in the state that...
Justice Stephen Dalyop Pam of the Federal High Court, Port Harcourt, on Monday dismissed an application filed by the Federal Inland Revenue Service (FIRS), seeking to...
Governor Nyesom Wike of Rivers State on Thursday signed into law the bill on Value Added Tax (VAT) collection in the state. Wike signed the recently...
Digital companies, Twitter, Facebook and other social media platforms will be taxed by the Federal Inland Revenue Service (FIRS) in 2022, as tax agency set up...
Some Nigerian companies are said to be evading tax payment with change of office location as the Federal Inland Revenue Service (FIRS) can no longer trace...
The Federal Inland Revenue Service (FIRS) has said it will appeal the judgement barring it from collecting Value Added Tax (VAT) in Rivers State. The tax...
On Monday, the Federal High Court ruled that the collection of value added tax (VAT) sales taxes, education tax and levies by any Federal Government agent...
The Federal Inland Revenue Service (FIRS) has been ordered to stop demanding and collecting value-added tax (VAT) and personal income tax (PIT) across Nigeria. A federal...
There was confusion in Port Harcourt, Rivers State, on Friday morning following the closure of the corporate headquarters of the Niger Delta Development Commission (NDDC) in...
Multichoice, South African digital television has denied the accusation from the Federal Inland Revenue Service (FIRS) that it dodged tax and had an outstanding of N1.8...
The Federal Inland Revenue Service (FIRS) has disclosed that it issued a mandate to banks over the freezing of the accounts of media entertainment firm, MultiChoice Africa...
The Federal Inland Revenue Service (FIRS) has stated that it generated N650 billion as revenue in June. The Director, Communications and Liaison Department, FIRS, Mr Abdullahi...
The Economic and Financial Crimes Commission (EFCC) has re-arraigned two ex-directors and top officials of the Federal Inland Revenue Service (FIRS) on allegations of fraud. The...
The Tax Appeal Tribunal, Abuja on Wednesday, ordered a former President of the Nigerian Bar Association (NBA), Joseph Daudu (SAN), to pay the sum of N.248.5...
Justice Bolaji Olajuwon of the Federal High Court, Abuja, on Tuesday, fixed June 23 for the re-arraignment of some staff of the Federal Inland Revenue Service...
The House of Representatives Committee on Public Accounts on Wednesday asked the Executive Chairman of the Federal Inland Revenue Services (FIRS), Muhammad Nami, to resign from...
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammed Nami, has said Ministries, Departments, and Agencies of the Federal Government are the major guilty...
The Human Rights Writers Association of Nigeria (HURIWA) has criticised the Federal Inland Revenue Service (FIRS) over the imposition of over N70m as Company Income Tax...
The Senate on Wednesday approved N216.64 billion as the Federal Inland Revenue Service (FIRS) budget for the 2021 fiscal year. The upper legislative chamber’s approval followed...
The arguement of which government agency is in charge of collecting stamp duty charges has continued as the Federal Inland Revenue Service (FIRS) has again claimed...
Civil society organisations: Transparency International and the Human Rights Writers Association of Nigeria, on Sunday, March 14, berated the N1.4bn budget for meals and refreshments by...
The Federal Inland Revenue Service (FIRS) has revealed that no fewer than 1,800 new staff were recruited in the last one year. The Executive Chairman of...
The Federal Inland Revenue Service (FIRS) has revealed that corruption and abuse of office by civil servants and political public office holders remained a major enabler...
The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information, Ministry...
The Federal Inland Revenue Service (FIRS) collected N4.95 trillion in total tax revenue in 2020, the agency said on Tuesday. However, this was N367.7 billion lower...
The Economic and Financial Commission (EFCC) for the second time in two days quizzed the immediate past Chairman of the Federal Inland Revenue Service (FIRS) Babatunde...
The Minister of Communications and Digital Economy, Isa Pantami, said on Friday the disagreement between the Nigerian Postal Service (NIPOST) and the Federal Inland Revenue Service...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
The Federal Inland Revenue Service (FIRS) generates N3 billion every week through stamp duty collection, Muhammad Nami, the fiscal authority head, said on Tuesday. Nami, who...
The Nigerian Postal Service (NIPOST) has refuted the claim by the Federal Inland Revenue Service (FIRS) in some tweets last week that the postal agency was...
The wrangling between government revenue-generating agencies, Nigerian Postal Service (NIPOST) and Federal Inland Revenue Service (FIRS) over stamp duty collection festered on Tuesday. Both agencies have...
The Federal Inland Revenue Service (FIRS) on Tuesday threw more light on the operation of the stamp duty on tenancy in the country. According to Muhammad...
The Federal Inland Revenue Service (FIRS) on Saturday made clarifications on categories of stamp duties to be paid by tenants across the country. The Director of...
Landlords and property agents in Nigeria now have the backing of the law to charge a 6% stamp duty on every agreement executed with clients for...
The Senate on Wednesday approved the sum of N168,809,476,220 to fund the proposed 2020 budget of the Federal Inland Revenue Services (FIRS). The approval covers the...
The penalty and interest waiver window on tax debts, owed by businesses and persons, earlier due on 30th June would now run out by 31st August,...
