The 2025 Conference of the Finance Correspondents Association of Nigeria (FICAN) has secured strong support from leading financial institutions and regulators, underlining its role as a...
President Bola Tinubu has approved the appointment of Hon. Zacch Adedeji as the new Acting Executive Chairman of the Federal Inland Revenue Service (FIRS). Adedeji’s appointment...
The Nigerian Government through the Federal Inland Revenue Service, FIRS, has introduced the VAT Direct Initiative, a scheme that would enable FG to collect Value Added...
The National Bureau of Statistics recently reported that Nigeria generated an aggregate of N697.38 billion as Value Added Tax (VAT) in Q4 2022. This shows a...
The Federal Inland Revenue Service (FIRS) has announced plans to embark on a nationwide Value Added Tax (VAT) and Withholding Tax (WHT) compliance exercise from July,...
The Federal Inland Revenue Service (FIRS) has said it would soon begin to publicly name and shame tax defaulting states and local governments. The agency also...
Federal Inland Revenue Service (FIRS) has given one-month grace period for those with outstanding foreign currency tax liabilities to settle these liabilities in Naira, with effect...
Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has decried the current stamp duty and capital gain tax collection system, noting that it...
OBINNA EZUGWU The Federal Inland Revenue Service has maintained that it would continue to collect Value Added Tax (VAT) from businesses in states despite a Rivers...