Senate has requested the Central Bank of Nigeria (CBN) and the Federal Inland Revenue Services (FIRS) to provide detailed information on revenue generated from Stamp Duty payments....
By Blaise Udunze When a nation is bleeding economically, with inflation at historic highs and citizens gasping for survival, one expects government policy to offer relief,...
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...
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 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...
Flutterwave, Africa’s leading payments technology company, is now enabling digital tax collections for the Federal Inland Revenue Service (FIRS), making it one of the few fintechs...
