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MTN kicks, appeals $47.8m FG’s tax judgement

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MTN Nigeria Communications Plc has kicked against the judgement of the Tax Appeal Tribunal (TAT) directing the telco to pay $47.8 million fine to...

Tinubu retires Nami, appoints Zacch Adedeji as FIRS Chair

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President Bola Tinubu has appointed Hon. Zacch Adedeji as the new Acting Executive Chairman of the Federal Inland Revenue Service (FIRS). The President has directed...

FIRS breaks record, generates N5.5trn in six months

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The Federal Inland Revenue Service (FIRS) has collected a total tax revenue of N5.5 trillion from January to June 2023. This is the highest tax...

Tinubu targets N30trn revenue, rules out NNPC, FIRS, Customs merger

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The Bola Tinubu administration is targeting N30 trillion revenue within the next three years without raising taxes. The target would be achieved through technology and...

Multiple taxation: FIRS partners MATAN for VAT remittance

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The Federal Inland Revenue Service has partnered with the Market Traders Association of Nigeria (MATAN) to collect and remit Value Added Tax (VAT) to...

FIRS, LIRS sign MoU on tax audit, seek Nigerians’ support

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  The Federal Inland Revenue Service (FIRS) and the Lagos Internal Revenue Service (LIRS) have urged Nigerians to provide full support and cooperation to the...

Nigeria’s Tax-to-GDP ratio hits 10.86% in 2021

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Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5 per cent to 6 per cent rose to 10.86 per cent by...

Tax evasion: House C’ttee indicts 30 oil coys, FIRS chair

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The report of the House of Representatives ad hoc Committee investigating the Structure and Accountability of Joint Venture (JV) Business and Production Sharing Contract...

Govs, CBN, ICPC, EFCC, FIRS meet over security votes, cashless policy

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The governors of the 36 states of the federation have resolved to meet with all the economic and financial agencies in the country on...

FIRS charges UN on international tax practices

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The Federal Inland Revenue Service (FIRS) has called on the United Nations and the International Tax Community to forge an inclusive, equitable, fair, and...
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