FIRS
11 Mar
Keni is a 300-level student of the University of Abuja. As the first of a five-child family to gain admission into the university, the Chemical Engineering undergraduate is on the verge of not registering for the current first semester except a miracle happens. This is because her reliance on the federal government’s student loan to pay tuition fees, which the university authorities have increased by 75 per cent, may not see the light of the day.
8 Mar
Hon. Esosa Iyawe has continued to promote decisive legislative actions on the floor of the House of Representatives, after moving a motion to compel the Federal Inland Revenue Service (FIRS), to recover over N5.19 trillion worth of taxes unrecovered by the agency from individuals, companies and Ministries, Departments and Agencies (MDAs) of government. Iyawe, who…
15 Feb
The chairman of the Federal Inland Revenue Service (FIRS), Zaccheus Adedeji, has said that the N2.59 trillion Tax Credit Scheme introduced by the Muhammadu Buhari administration in 2021 is not working.
9 Feb
MultiChoice Group, owner of satellite television services DStv and GOtv, has agreed to pay N35.4 billion as part of its tax obligations to the Federal Inland Revenue Service (FIRS).
6 Feb
The House of Representatives is set to hold the second edition of its Sectoral Debates/Dialogue on Tuesday, February, 6, 2024, as part of its periodic Policy Brief Series.
1 Feb
The Federal Inland Revenue Service (FIRS) has directed banks to remit electronic money transfer levy (EMTL) on foreign currency transactions to the Federal Government. "Financial institutions are to deduct a levy of N50 on all inflows (both cash and electronic deposits) of N10,000 and above and equivalent in foreign currencies, and remit the same to…
31 Jan
Executive Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, yesterday, called for the strengthening of the relationship between FIRS and the Armed Forces in the country.
26 Jan
The plan by the Nigeria Deposit Insurance Corporation (NDIC) and the Federal Inland Revenue Service (FIRS) to spend a combined N8.7 billion on software alone this year has received mixed reactions from stakeholders.
25 Jan
The National Assembly is set for a fresh amendment to the constitution – an exercise that has routinely cost the country an average of N1 billion yearly.
25 Jan
The federal government said its target is to achieve a 25 per cent revenue to gross domestic product (GDP) ratio in the 2024 fiscal year.
24 Jan
A fellow of Chartered Institute of Taxation of Nigeria, (CITN), Mr Francis Uzoma Ubani, has said some provisions of Finance Acts 2021 and 2022 are unconstitutional.
23 Jan
A fresh exhibit has been admitted against Head of Stakeholders Unit of the Federal Inland Revenue Services (FIRS) Emmanuella Ita and Surestart School Limited. The Economic and Financial Crimes Commission (EFCC), in a statement, said the fresh exhibit was admitted by Justice F. Giwa Ogunbanjo of the Federal High Court sitting in Abuja on Monday,…
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A chieftain of the Peoples Democratic Party (PDP) and former governorship aspirant in Ogun State, Segun Sowunmi, has said Nyesom Wike was on "loan" to work with the ruling All Progressives Congress (APC). Wike, a former Rivers State governor and current Minister of the Federal Capital Territory (FCT), fell out with the PDP hierarchy in…
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The Lagos State Government has clamped down on illegal estate developments around the Epe corridor of the state.
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The Nigerian Immigration Service (NIS) has made state of origin certificate a compulsory requirement for passport renewal and fresh application. Immigration made this known to the public in a post on its X handle on Saturday morning. It said passport applicants do not necessarily need to go to their states of origin to get the…
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One person was killed and eight wounded in an overnight explosion at an Iraqi military base housing a coalition of pro-Iranian armed groups, officials said Saturday.
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Vitesse Arnhem will be relegated from the Eredivisie after the Dutch football federation imposed a massive 18-point deduction after the club failed to meet the requirements of its licensing regulations.
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Ukraine launched drones at eight Russian regions overnight, hitting three electrical substations and a fuel depot, a source in Ukraine's defence sector told AFP on Saturday.