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House of Representatives Ad-hoc Committee on the Economic, Regulatory, and Security Implications of Cryptocurrency Adoption and Point-of-Sale (POS) Operations has described the N500 million to N1...

Manufacturers Association of Nigeria (MAN) has expressed strong reservations about the proposed introduction of a Tax Stamp System for excisable goods in Nigeria. So-called tax stamps...

Afriland Properties Plc has said that a malfunctioned inverter battery was the cause of the fire outbreak at their Towers at Broad Street, which claimed multiple...

Federal Inland Revenue Service (FIRS), has debunked claims that Nigerians must obtain a separate Tax Identification Number (TIN), before they can own or operate a bank...

Federal Inland Revenue Service (FIRS) has enlisted the support of the Economic and Financial Crimes Commission (EFCC) to intensify enforcement of voluntary tax compliance across Nigeria....

Federal Inland Revenue Service (FIRS) has commenced an electronic invoicing solution (e-invoicing) aimed at transforming digital tax administration and revolutionising tax payment in Nigeria. The e-invoicing...

Federal government has mandated banks and financial institutions to begin reporting monthly transactions exceeding N25 million for individuals and N100 million for firms to the tax...

The newly enacted Nigeria Tax Administration Act, 2025, has empowered the Federal Inland Revenue Service (FIRS), renamed Nigeria Revenue Service (NRS), to impose fines for individuals...

Federal government may lose $4 million from a World Bank loan after failing to get a pass mark on key audit standards in its revenue-generating agencies,...

Federal Inland Revenue Service (FIRS) has revised its Standard Operating Procedure (SOP) as part of efforts to improve consistency, transparency, and service delivery in tax administration...