30 results
- 2 Oct 2022
Entrepreneurship, Industrial Hubs Hold Key to Nigeria’s Development — FIRS boss
Entrepreneurship and Industrial Hubs across the Federation, hold the key to Nigeria’s economic development, the Executive Chairman of the Federal Inland Revenue Service, Mr. Muhammad Nami, has said.…
- 8 Jul 2022
Nami Rallies CITN, ICAN, ANAN on Tax Standardization
Mr. Muhammad Nami, the Executive Chairman of the Federal Inland Revenue Service (FIRS), is rallying the Chartered Institute of Taxation of Nigeria (CITN), the Institute of Chartered Accountants of…
- 14 Aug 2020
FIRS Boss Cautions Tax Administrators against ICT Inventions
Mr Muhammad Nami, chairman of Federal Inland Revenue Service (FIRS), has cautioned tax administrators against the disruptive tendencies that were undermining tax collection in the country. Nami…
- 8 Nov 2020
FIRS, NCC, ATCON to Discuss e-Govt Strategies at Nigeria Summit
Mr. Muhammad Nami, the executive chairman, Federal Inland Revenue Service (FIRS); Prof. Umar Garba Danbatta, the Executive Vice Chairman, Nigerian Communications Commission (NCC); Mr. Olusola…
- 20 Mar 2023
FIRS boss Urges Tax Administrators to Deepen Investments in ICT
Mr. Muhammad Nami, the Executive Chairman, Federal Inland Revenue Service (FIRS) and President, Commonwealth Association of Tax Administrators (CATA), has tasked tax administrators to keep up with…
- 30 Dec 2019
FIRS Announces New TCC Regime
Federal Inland Revenue Service (FIRS) has announced a new Tax Clearance Certificate (TCC) regime. This was announced in a public notice signed by Mr. Muhammad Nami, chairman, FIRS. The Service also…
- 1 Mar 2021
NSE’s Demutualisation will Strengthen Investor Confidence - Nami
Alhaji Muhammad Nami, Executive Chairman, Federal Inland Revenue Service (FIRS), has said the demutualisation of the Nigerian Stock Exchange (NSE) will promote access to diverse investment…
- 23 Aug 2020
FIRS Moves to Plug Tax Revenue Leakages
Federal Inland Revenue Service (FIRS) has decried a systemic abuse of the pioneer incentive scheme instituted by the Federal Government, which has led to tax revenue leakages for the three tiers of…
- 2 Jan 2023
FIRS Makes Tax Clearance Certificate Easy to Obtain
The Federal Inland Revenue Service (FIRS) has said that taxpayers can now obtain their Tax Clearance Certificate in a single click via its flagship Taxpro Max solution. The TaxPro Max, a tax…
- 6 Feb 2023
LIRS, FIRS Ink MoU on Exchange of Information, Joint Tax Audit
The Lagos State Internal Revenue Service (LIRS) and Federal Inland Revenue Service (FIRS) on Monday, February 6, 2023, signed a Memorandum of Understanding on the exchange of information and…
- 12 May 2022
NCC, FIRS Inaugurate Joint Committee to Boost National Revenues in Telecoms Sector
The Nigerian Communications Commission (NCC) and the Federal Inland Revenue Service (FIRS) have taken their collaboration a notch further by setting up a Joint Committee of senior and management…
- 20 Jan 2022
FIRS Priorities Taxation of Digital Economy
The Federal Inland Revenue Service (FIRS) will make the taxation of the digital economy its priority, this year. Johannes Wojuola, the Special Assistant to the Executive Chairman (Media &…
- 21 Oct 2021
FIRS Proposes Tax for Road Infrastructure
Federal Inland Revenue Service (FIRS) is planning to introduce Road Infrastructure Tax to generate funding for road construction, rehabilitation, maintenance, and security, according to Muhammad…
- 25 Mar 2020
FIRS Sacks, Appoints New Directors
Federal Inland Revenue Service (FIRS) has announced the sack of all directors on its payroll who had served for eight years and above as part of its ongoing manpower restructuring initiatives. The…
- 18 Nov 2020
Stakeholders Seek Early Adoption of Technology to Promote Economic Growth
Participants at the Nigeria e-Government Summit 2020 have stressed the need for early adoption of technology and increased ICT infrastructure across the country that will promote economic growth and…
- 1 Oct 2021
Stakeholders Seek Govt., Technology Service Providers Engagement to Boost e-Governance
The Federal Inland Revenue Service (FIRS), the Nigerian Communications Commission (NCC), the National Information Technology Development Agency (NITDA) and other stakeholders who spoke at the 2021…
- 8 Jul 2020
FIRS Extends Tax Debt Payments to August 31
Federal Inland Revenue Service (FIRS) has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30 to August 31, 2020. Mr…
- 6 Sept 2020
Income Tax: FIRS Launches Online Portal for Financial Institutions
Federal Inland Revenue Service (FIRS), has launched a new Automatic Exchange of Information-Common Reporting Standard (AEOI-CRS) system for the use of financial institutions in the country. This is…
- 7 Dec 2021
FIRS CollectsN4.9Trillion Taxes in 2021 – Chairman
Federal Inland Revenue Service (FIRS) said it generated the sum of N4.9trn between January and November, 2021 from taxes for the Federation. Out of the N4.9trn collected since the beginning of the…
- 5 May 2021
Tax Evasion: FIRS Plans Direct Deductions from Defaulters Bank Accounts
Federal Inland Revenue Service (FIRS) on Wednesday said it would begin direct deductions from tax defaulters’ bank accounts and other assets. The FIRS stated this in widely publicised notices signed…
- 22 Mar 2020
FIRS Rakes in N338.1Bn from Taxes in January
Federal Inland Revenue Service (FIRS) has collected the sum of N338.1 billion revenue for January 2020 as against N620.2 billion tax target for the month. The figures represent the aggregate…
- 1 May 2020
FIRS Gives Deadline on Tax Interests, Penalties Waiver
Federal Inland Revenue Service (FIRS) is to waive interests accruable to debts as well as the related penalties for defaulting taxpayers if they fully settle their indebtedness on or before May 31.…
- 20 May 2020
FIRS Extends deadline for Submission of Financial Reports
Federal Inland Revenue Service (FIRS) has extended the deadline for the submission of 2019 financial accounts reports under the Common Reporting Standard (CRS) to September 30. Financial institutions…
- 2 Jul 2020
FIRS Says Rent Agreement, C of O, Others Must Carry Stamp Duty
Federal Inland Revenue Service (FIRS) has said that henceforth, stamp duty will be paid on house rent and Certificate of Occupancy (C of O) in line with its new adhesive duty. Mr Abdullahi Ahmad,…
- 3 Dec 2020
FIRS to Go After Tax Defaulters from January 1
Federal Inland Revenue Service (FIRS) said it will go after tax defaulters to recover outstanding taxes as from January 2021. However, before embarking on the tax recovery drive, the FIRS said it…
- 4 Feb 2021
Procter & Gamble Partners Ministry of Industry, Others for the launch of P&G - BoI SME Academy
In a bid to enhance the capabilities of small and medium enterprises (SMEs) in Nigeria, leading consumer goods company, P&G, has partnered with the Federal Ministry of Industry, Trade and…
- 22 Feb 2023
NITDA Puts Value of Outsourcing Sector in Nigeria @ $285M
Kashifu Inuwa Abdullahi, director general, the National Information Technology Development Agency (NITDA) has put the worth of Business Process Outsourcing (BPO) ecosystem in the country at…
- 22 Feb 2023
NITDA, FIRS Engage Stakeholders, Urge for Prompt Payment of Levy
In order to achieve its mandate of implementing relevant policies, developing and regulating Information Technology for sustainable development, the National Information Technology Development Agency…
- 4 Jul 2022
FIRS Offers Firms Fresh Window to File Income Tax Returns
Federal land Revenue Service (FIRS) has given firms a fresh window to file their Company Income Tax (CIT) returns for the 2022 year of assessment, due on 30th June 2022, in a bid to reduce the…
- 7 Jun 2023
LIRS, FIRS Issue Public Notice on Joint Tax Audit/Investigation
The Lagos Internal Revenue Service (LIRS) and the Federal Inland Revenue Service (FIRS) have issued a public notice on the Memorandum of Understanding (MoU) signed by both agencies to establish a…