By Adedapo Adesanya Companies trading in raw food items would soon be exempted from tax, the Chairman of the Federal Inland Revenue (FIRS), Mr Muhammad Nami,...
By Adedapo Adesanya The Chairman of the Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, has projected that Nigeria’s tax collection in 2024 could hit N25...
By Adedapo Adesanya The Federal Inland Revenue Service (FIRS) said it generated N5.5 trillion as tax revenue in the half-year period of 2023. The agency confirmed...
By Modupe Gbadeyanka The need to expand the country’s tax net and generate more revenue for the government has forced the Federal Inland Revenue Service (FIRS)...
By Aduragbemi Omiyale A joint tax audit aimed to reduce tax compliance costs, thereby enabling ease of doing business and improving tax administration in the country,...
By Modupe Gbadeyanka The National Bureau of Statistics (NBS) has disclosed that Nigeria’s tax to Gross Domestic Product (GDP) ratio has been upwardly reviewed to 10.86...
By Dipo Olowookere The federal government has been advised to consider implementing a proper tax refund system to increase investment in the country. In a publication...
By Aduragbemi Omiyale A partnership aimed to reduce compliance costs for taxpayers in Nigeria has been entered into between the Federal Inland Revenue Service (FIRS) and...
By Adedapo Adesanya The Federal Inland Revenue Service (FIRS) has announced that it collected over N10 trillion in tax revenue in the year 2022, the highest...
By Adedapo Adesanya The Governor of Kaduna State, Mr Nasir El-Rufai, has yet again urged the National Assembly to add value-added tax (VAT) on the Exclusive...