The Federal Inland Revenue Service, (FIRS) is eyeing a revenue target of N25.2 trillion from taxpayers in 2025. The Executive Chairman of FIRS, Zacch Adedeji, disclosed this at the 2025…
The Supreme Court has affirmed an almost one-decade Court of Appeal judgment on $6,927,248 tax debt to Nigeria by an oil service firm, Halliburton West Africa Limited (HWAL). The $6.9…
The Federal Inland Revenue Service, FIRS, has commenced recruitment exercise for experienced professionals to fill specialised positions in the organisation. The FIRS said in a post on its official X…
Google, Netflix, Facebook, and other foreign companies operating in Nigeria paid N3.85 trillion in taxes to the Federal Government in the first nine months of 2024, according to report. The…
The tax reform bills recently sent to the National Assembly by President Bola Ahmed Tinubu, GCFR, have generated controversies over the past weeks. Many commentators have expressed their views in…
The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in line with the Tax Administration and Enforcement Act 2007. Executive…
Nigeria, with its growing economy, is a land full of potential. As the country continues to evolve, its institutions must also adapt to the changing environment. Among these institutions, the…
In a strategic move to rework the nation’s obsolete tax policy, the Federal Inland Revenue Service (FIRS) and the National Assembly recently deliberated on policies and laws critical for revenue…
In a bid to strengthen tax compliance, the Federal Government has filed a six-count charge against Well Property Development Company Limited for tax evasion. The Federal Inland Revenue Service filed…
The Federal Inland Revenue Service has introduced a new slogan, “Simplifying Tax, Maximising Revenue,” to replace the old one, “It Pays To Pay Your Tax.” This change is part of…