The federal government has announced that Nigeria’s total tax revenue for the first half of 2025 rose to N14.27 trillion, showing a big jump of 43 per cent from the …
FIRS
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BusinessDigital EconomyEconomyGOVERNMENTTechnologyTrade and Commerce
Tinubu Orders National Single Window Trade Platform to Go Live by Q1 2026
President Bola Ahmed Tinubu has instructed the National Single Window (NSW) Steering Committee to ensure the full implementation of the digital trade facilitation platform by the first quarter of 2026. …
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EconomyFinance & ServicesGOVERNMENTNigeria
FIRS Urges Accountant-General to Enforce Tax Deductions by MDAs, Seeks Stronger Compliance for Revenue Growth
The Federal Inland Revenue Service (FIRS) has urged the Office of the Accountant-General of the Federation to ensure that all Ministries, Departments, and Agencies (MDAs) of government comply with tax …
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The International Monetary Fund (IMF) has pledged to maintain its support for Nigeria’s tax reform efforts through the Federal Inland Revenue Service (FIRS), especially as the country prepares to implement …
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BusinessEconomyGOVERNMENTInternational RelationsPolicies
Nigeria, Netherlands Begin Talks to Review Double Taxation Deal in Line with New Tax Laws
The Federal Inland Revenue Service (FIRS) has officially started discussions with the Kingdom of the Netherlands to renegotiate the existing Double Taxation Agreement (DTA) between the two countries. The fresh …
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BusinessEconomyFinance & ServicesInnovationNigeriaTechnology
MyTax Nigeria Launches Free Web App to Tackle Gaps in Public Tax
A new web-based platform, MyTax Nigeria, has been launched to help Nigerians—especially workers, freelancers, and small business owners—better understand and manage their tax responsibilities. This comes as discussions around tax …
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EconomyFinance & ServicesGOVERNMENTPoliciesTechnology
FG Launches REV-OP to Tackle Revenue Leakages and Boost Transparency
The Federal Government of Nigeria has officially launched the Revenue Optimisation and Assurance Project, popularly called REV-OP, as a new step to reduce revenue leakages, improve transparency, and strengthen Nigeria’s …
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BusinessInfrastructureReal Estate
ASO Savings & Loans Reports N89 Million Profit in 2023, Grows Lending Portfolio Despite High Expenses
The Chief Executive Officer of Winhomes Global Services Limited, Mrs Stella Okengwu, has replied the Minister of Works, Engr David Umahi, over comments made about her company’s tax status and …
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BusinessEconomyFinance & ServicesGOVERNMENTManufacturingNigeriaTechnology
How E-Invoicing Will Help Nigerian Manufacturers Get Credit and Grow
The Federal Inland Revenue Service (FIRS) has said the upcoming national electronic invoicing system will make it easier for manufacturers in Nigeria to access credit from financial institutions. This announcement …
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DevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaOil & GasPolitics
FIRS and RMAFC Form Joint Committee to Strengthen Tax Monitoring and Boost Revenue Sharing
The Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have come together to set up a joint technical committee that will help improve how …