FIRS

Economy

FIRS begins e-invoicing, electronic fiscal system for large taxpayers

The Federal Inland Revenue Service (FIRS) has launched a new electronic invoicing solution to transform how businesses pay taxes in…

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Tax reforms: FIRS boss says new taxes won’t be introduced

By Nathaniel Zaccheaus, Abuja Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has allayed Nigerians’ and investors’ fears…

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FIRS kicks against N2.59trn tax credit scheme for road construction

  By Nathaniel Zacchaeus, Abuja The Chairman of the Federal Inland Revenue Service (FIRS), Zacchaeus Adedeji, has faulted the N2.59trn…

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Tinubu sacks FIRS boss, Nami,  appoints Adedeji as new chairman

By Cross Udo, Abuja President Bola Tinubu has sacked the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad…

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FIRS to prosecute defaulting shipping companies over outstanding tax returns

The Federal Inland Revenue Service (FIRS) has asked all international shipping companies operating in Nigeria’s territorial waters to immediately regularise…

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FIRS breaks 2021 records, generates N10.1trn in 2022

The Federal Inland Revenue Service (FIRS) generated over N10 trillion in tax revenue in the year 2022, the highest tax…

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MTEF/FSP: Senate rejects panel proposal slashing subsidy payment from N3. 6trn to N1. 7trn

Nathaniel Zaccheaus The Senate on Wednesday rejected the proposal of its Joint Committee on Finance and National Planning which reduced…

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We are not recruiting, FIRS cautions against scam

The Federal Inland Revenue Service (FIRS) has urged the public to be vigilant and avoid dealing with scam artists who…

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IOCs evading tax shouldn’t lift crude oil again, Senate tells NUPRC

Nathaniel Zaccheaus The Senate Committee on Finance on Tuesday asked the Nigerian Upstream Petroleum Regulatory Commission, (NUPRC) to henceforth prevent…

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FACC: FG, states, LGs share N695bn for February

The Federation Accounts Allocation Committee (FAAC), has shared a total sum of N695.033 billion to the three tiers of government…

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