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 …
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% …
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 …
The Chairman of Global Infrastructure Partners (GIP), Adebayo Ogunlesi, has expressed strong confidence in President Bola Ahmed Tinubu’s ongoing economic reforms, describing them as a solid foundation for renewed international …
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have renewed their pledge to work more closely together in order to strengthen Nigeria’s tax compliance …
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
The Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) have intensified their partnership on the National Single Window (NSW) project, a major trade reform expected to transform …
Nigeria and several other countries in West and North Africa lost about $407 billion between 2001 and 2010 due to trade mispricing, mostly caused by commercial tax avoidance by multinational …
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. …
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 …