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,...
The Federal Inland Revenue Service (FIRS) has generated the sum of N66 billion from stamp duties in five months. The FIRS Director, Communications and Liaison Department,...
Business owners, who desire to register their businesses with the Corporate Affairs Commission (CAC) will henceforth not need to obtain a Tax Identification Number (TIN) from...
The Nigerian Communications Commission (NCC) and the Federal Inland Revenue Service (FIRS) have signed a Memorandum of Understanding (MOU) aimed at ensuring that the tax agency...
The Board of the Federal Inland Revenue Service (FIRS) has approved the retirement of all directors that had served up to eight years in the organisation....
Nigeria’s principal revenue collection agency, the Federal Inland Revenue Service (FIRS) recorded a tax revenue performance of N338.1 billion in January this year, latest data on...
The Federal Inland Revenue Service (FIRS) said Saturday none of its staff tested positive for Coronavirus (COVID-19). The FIRS said in a statement signed by its...
Plans are afoot by the Office of the Auditor General of the Federation and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to conduct...
The House of Representatives Committee on Public Account on Thursday queried the Executive Chairman of the Federal Inland Revenue Service (FIRS), Alhaji Mohammed Nami, over non-submission...
The Federal Government has unveiled its plan to expand the country’s tax to Gross Domestic Product (GDP) ratio to 17% from 6% come 2023. Muhammad Nami,...
Granting tax waivers to big companies indiscriminately do not only erode government’s revenue base, but also hinders the Federal Inland Revenue Service (FIRS) from meeting its...
Nigeria loses a staggering N3.635 trillion ($10 billion), translating to more than one third of its 2020 budget (estimated to be N10.59 trillion), every year in...
The Minister of Communications and Digital Economy, Dr. Isa Ibrahim Pantami, said on Thursday the Value Added Tax (VAT) does not fall under the ministry’s purview...
The Federal Inland Revenue Service (FIRS) has provided a 30-day opportunity for taxpayers in the country to obtain their 2020 Tax Clearance Certificates (TCC) between 2nd...
The Federal Inland Revenue Service (FIRS) recorded a revenue shortage coming to N8.5 trillion within a five-year period from 2015 (when the Buhari administration took over...
The Federal Inland Revenue Service (FIRS) has said it will soon begin a nationwide tax enforcement at the expiration of a seven-day grace to defaulters to...
A former deputy national publicity secretary of the All Progressives Congress (APC), Comrade Timi Frank has insisted, that Vice President Yemi Osinbajo received about N90 billion...
The Peoples Democratic Party (PDP) has advised the All Peoples Congress (APC) to reveal the truth about allegations that it channelled N40 billion taxpayers’ money from...
The Federal Inland Revenue Services (FIRS) has denied allegations that it gave out N40 billion to be used as campaign funds to the ruling All Progressives...
Tension is brewing at the Federal Inland Revenue Service (FIRS) as members of staff have kicked against the decision of the immediate past Chairman of the...
A memo done by former chairman of the Federal Inland Revenue Service (FIRS) Babatunde Fowler, shows that he urged President Muhammadu Buhari to allow him go...
The Buhari Media Organisation (BMO) has applauded the President for replacing Babatunde Fowler has the Chairman for the Federal Inland Revenue Service (FIRS). The group, which...
President Muhammadu Buhari Monday appointed Muhammad Nami the new Chairman of the Federal Inland Revenue Service (FIRS) following the expiration and non-renewal of the tenure of...
President Muhammadu Buhari on Monday appointed Mohammad Nami as the new Chairman of Federal Inland Revenue Service (FIRS). He replaced Babatunde Fowler whose tenure ends on...
Payment of online tax on products bought on the internet through eCommerce platforms and delivered to customers may start in January 2020, the Federal Inland Revenue...
Four revenue-generating agencies, including the Nigerian National Petroleum Corporation (NNPC), the Federal Inland Revenue Service (FIRS) and the Department of Petroleum Resources (DPR), failed between them...
Executive Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler, Wednesday revealed that Nigeria was losing about $15bn (about N5.37tn) to tax evasion annually. He...
A former chairman of the Federal Inland Revenue Service (FIRS) Ifueko Omoigui-Okauru, has said that Nigerians would be willing to pay more tax if they can...
A bill seeking to impose a nine percent tax on Nigerians for using communication and cable television services in the country on Wednesday passed the first...
The Chairman of Federal Inland Revenue Service (FIRS), Babatunde Fowler, has been dragged before the Federal High Court sitting in Kano State over his extended stay...
The Peoples Democratic Party (PDP) has demanded a system-wide investigation into the alleged siphoning of N90 billion from the treasury of the Federal Inland Revenue Service...
A former Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank, on Tuesday, told the Federal Inland Revenue Service (FIRS) to preceded on...
News around the office of Vice President Yemi Osinbajo appear not to be abating with recent claims by opposition politician, Timi Frank, alleging that the nation’s...
The Federal Inland Revenue Service (FIRS), on Thursday said it had given tax defaulters a 30-day window to regularise their tax status. It added that failure...
The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Mr Elias Mbam, has said the Federal Inland Revenue Service contributed 59.7 per cent of...
The Buhari Media Organisation (BMO) has challenged Former Vice President Atiku Abubakar to provide evidence that the Federal Inland Revenue Service (FIRS) falsely accused Obasanjo Farms...
A total of N311.94 billion has been generated by the Federal between April and June 2019 through the Value Added Tax (VAT), statistics from the National...
The golden fish syndrome Fowler vs Buhari –tax remittance query GIG Motors vs FIRS –case study Tips to refute wrong allegations Following the recent crossfire between President Muhammadu Buhari (PMB) and the Chairman of the...
