The Federal Inland Revenue Service has entered a new phase of international collaboration after signing a strategic cooperation agreement with the French government to modernise Nigeria’s tax administration and strengthen …
FIRS
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Digital EconomyFinanceGOVERNMENTInternational RelationsPublic SectorTaxation
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EconomyGOVERNMENTInfrastructureNational AssemblyPoliticsPublic Finance
Tinubu Sets Up High-Level Committee to Tackle Backlog of Unpaid Federal Contractors
President Bola Ahmed Tinubu has expressed strong displeasure over the growing backlog of unpaid federal contractors and has set up a high-level committee to resolve funding delays and clear outstanding …
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BusinessEconomyFiscal PolicyGovernment PolicyNewsRegulationTaxation
FIRS says new tax laws will boost competitiveness, simplify levies and attract investments
The Federal Inland Revenue Service has said that Nigeria’s newly enacted tax laws are part of a broader plan to strengthen the country’s economic competitiveness, attract more investments and ensure …
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DevelopmentEducationGOVERNMENTMediaYouth
FIRS Partners Abuja City Journal for National Essay Competition Finale
The Federal Inland Revenue Service (FIRS) has joined forces with the Abuja City Journal (ACJ) to support the third edition of the National Essay Competition, a partnership the tax agency …
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BusinessCapital MarketEconomyFinanceGovernment PolicyTaxation
FIRS Orders Banks and Financial Institutions to Deduct 10% Withholding Tax on Treasury Bills
The Federal Inland Revenue Service (FIRS) has directed banks, stockbrokers, and other financial institutions in Nigeria to begin deducting a 10 per cent withholding tax on interest earned from short-term …
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Debt Management,EconomyFinanceGOVERNMENTNigeriaPolicies
NOA Says Nigeria’s Debt Has Reduced Under Tinubu Despite DMO’s ₦152.4 Trillion Report
The National Orientation Agency (NOA) has said that Nigeria’s debt burden has “significantly decreased” since President Bola Tinubu took office in 2023, dismissing public claims that the country’s debt has …
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BusinessEconomyFinanceGOVERNMENTNigeriaTaxation
FIRS Collects Record N47.39tn in Two Years Under Zacch Adedeji
The Federal Inland Revenue Service (FIRS) has achieved a record N47.39 trillion in tax revenue between October 2023 and September 2025 under Chairman Zacch Adedeji, surpassing its target by 15% …
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Anti-CorruptionEconomyFinanceGOVERNMENTPublic PolicyTax & Revenue
FG launches nationwide revenue recovery drive to plug leakages
The Federal Government has launched a nationwide revenue recovery exercise aimed at boosting inflows into the Federation Account and blocking financial leakages across key revenue-generating agencies. The initiative was unveiled …
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BusinessEconomyFinanceGovernment PolicyLawNigeriaPublic ServicesRegulationTaxation
Nigeria’s New Tax Law Takes Effect in 2026, Sets N800,000 Income Threshold and N100 Million Turnover for Companies
Nigeria’s new tax reform law has been officially signed and will take effect from the 2026 fiscal year. The new law introduces several changes aimed at improving compliance, easing the …
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BusinessEconomyGovernanceLawPoliticsTaxation
Dogara Says Tinubu’s Tax Reform Will Shape Nigeria’s Economic Future
Former Speaker of the House of Representatives, Yakubu Dogara, has described President Bola Tinubu’s tax reforms as the most ambitious economic overhaul in Nigeria in recent history. He predicted that …