Government revenue got a boost as taxes from companies and consumers rose by 96.11 per cent to N2.31 trillion in the second quarter of 2023. According...
Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end of 2021. The new ratio was...
By Christy Animam MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service (FIRS) to withhold Value...
All the 36 states of the federation, the Federal Capital Territory Authority and the 774 local government authorities in the country are now under pressure to...
The Nigerian Communications Commission (NCC) and the Federal Inland Revenue Service (FIRS) have taken their collaboration a notch further by setting up a Joint Committee of...
Leading telecoms operator in the country, MTN Nigeria has revealed that its paid 45.92 per cent of its total revenue in 2021 as taxes into government...
FIRS raked in N650bn revenue in June The Federal Inland Revenue Service (FIRS) has reported that it collected N650 billion in revenue for the...
FIRS hunts MultiChoice over N1.8trn evaded VAT since inception The Federal Inland Revenue Service (FIRS) has raised alarm over the level of non-compliance by...
No hiding place for fake tax certificate issuers and holders, FIRS bellows The war against fraudsters who specialise in producing and selling fake Tax...
FIRS launches TaxPro-Max, a naira tax-filing online platform As part of its efforts at modernizing tax administration in the country, the Federal Inland Revenue...
Senate approves N216.646bn FIRS’s 2021 budget The Senate has approved N216,646,579,231.00 as 2021 budget for the Federal Inland Revenue Service (FIRS). The Senate also...
FIRS loses stamp duty collection right to NIPOST The Federal Government on Thursday declared that the Nigeria Postal Service was the agency authorised to produce...
The Federal Inland Revenue Service (FIRS), on Thursday clarified its statement a day earlier directing account holders in financial institutions in the country to submit self-certification...
For efficacy and transparency, the Senate has called on the Federal Inland Revenue Service (FIRS) to digitize tax administration process. This followed approval of a total...
In line with its inter-agency collaboration, the Nigerian Communications Commission (NCC) has signed a Memorandum of Understanding (MoU) with the Federal Inland Revenue Service (FIRS) to...
Analysts at KPMG Nigeria, a leading auditing firm in Nigeria has identified inconsistence in a recent declaration by the Federal Inland Revenue Service (FIRS) on further...
