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The Federal Inland Revenue Service has sacked all Directors in its employ who have served for eight years and above.
The Domestic Tax Operation Group (DTOG) of the Federal Inland Revenue Service (FIRS) has assured the Management and Board of the Service that it will strive to achieve its N8.5trillion revenue target.
The Federal Inland Revenue Service (FIRS) in January 2020 collected tax revenue of N338.1 billion as against a tax target of N620.2 billion.
The Federal Inland Revenue Service (FIRS) has stated that no member of its staff tested positive to COVID-19 as being peddled on social media.
The Federal Inland Revenue Service (FIRS) has unveiled a new Electronic and Automated platform for taxpayers to file transfer pricing declaration and disclosures with a view to block leakage in tax collection in the country.
The Nigeria Extractive Industries Transparency Initiatives (NEITI) said on Sunday the country earned N69.47 billion from the Solid Mineral sector in 2018.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has cautioned Ministries, Departments and Agencies MDAs to desist from spending at source revenues collected on behalf of the Federal Government
Niger State Governor and Chairman, North Central Governors’ Forum, Abubakar Sani Bello, has said that there is an urgent need for the diversification of the Nigerian economy as a result of the volatility in the global price of crude oil.
Chairman, Federal Inland Revenue Service, FIRS, Mohammed Nami, on Monday, said some staff the of the Service across the country were graduates of engineering, law and other disciplines not related to tax.
The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue Service over alleged racketeering in the allocation of foreign exchange to companies.
For a while, the sports betting industry in Nigeria has been rife with the news that the Federal Inland Revenue Service (FIRS) had concluded plans to introduce the 7.5% value-added tax to betting activities within the country. Under the proposed plan, punters placing a bet of 1,000 Naira would have had to pay 1,075 Naira to capture the 7.5% VAT.
Public Accounts Committee, PAC, of the House of Representatives on Thursday queried the Executive Chairman of the Federal Inland Revenue Commission, FIRS, Alhaji Mohammed Nami, over late and non submission of the audited accounts.
The Tax Appeal Tribunal has declared as illegal, null and void the decision of Ecobank Nigeria Limited to pay N5, 545,000,000 as dividends to its shareholders in 2016.
The Tax Appeal Tribunal, Lagos Zone, has ruled as lawful an assessment in additional tax liability of N1.738,481,875.33 issued to Prime Plastichem Nigeria Limited (PPNL) by the Federal Inland Revenue Service (FIRS) as the correct income tax which the PPNL should pay on its profit for doing business in Nigeria under the provisions of Transfer Pricing Regulation No1 2012.
The Federal Inland Revenue Service, FIRS, is seeking the cooperation of the Lagos Inland Revenue Service, LIRS, to realise its N8.5 trillion revenue target to fund the 2020 budget.
Lagos lawyer, Femi Falana, SAN, Wednesday, called on Nigerians paying ransom to secure freedom for their abducted loved ones to feel free to approach the courts to compel the federal government to refund same because in his words, the responsibility for protecting lives and properties lies squarely with government.
The Iranian Government on Wednesday said it was continuing to develop its nuclear programme despite COVID-19 wrecking havoc on the country
The Gypsy King has been hosting daily exercise videos on Instagram with the UK on lockdown due to the coronavirus.
The Defence Headquarters (DHQ) on Wednesday announced that the Nigerian Armed Forces has deployed 80 personnel from its medical corps to all COVID-19 treatment and isolation centres across the country.
Google-owned YouTube has altered its community guidelines to ensure all conspiracy theories which suggest 5G is the cause or an accelerator of COVID-19.
The Katsina State Government has lifted suspension on Friday congregational prayer with immediate effect.
Ole Gunnar Solskjaer is doing an "amazing job" at Manchester United, according to Peter Schmeichel, who has advised his old club against bringing in "another big-name manager'.
NBA Commissioner Adam Silver says he thinks it will be at least May before any decision can be made about resumption of the 2019-20 season that was shut down amid the coronavirus pandemic.
A Port Harcourt Chief Magistrates’ Court presided over by Chief Magistrate D. D. Ihua-Maduenyi Esq on Wednesday morning ordered the remand of 10 passengers who flew into the Air Force Base Port Harcourt on board the Twin-Otter Caverton Helicopters on Tuesday April 7.
The Ibadan Electricity Distribution Company Plc (IBEDC) says there will be no disconnection of electricity to non-paying customers during this period of lockdown in Coronavirus pandemic.
European airline giant Lufthansa said Thursday it has placed 87,000 workers — more than 60 percent of its workforce — on government-backed shorter hours schemes, as air travel idles amid the coronavirus crisis.