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US threatens Nigeria over $308 million Abacha loot

The United States of America, has threatened the Federal Government of Nigeria, to ensure that the over $308million looted and laundered abroad by former Head of State, late Gen Sani Abacha, is not re-stolen in Nigeria again, otherwise, it will recover it back from Nigeria.
A fire incident occurred at the headquarters of the Federal Inland Revenue Service (FIRS) in Abuja on Monday, officials said.

FIRS targets N8.5 trillion revenue in 2020

The Federal Inland Revenue Service (FIRS) says it is targeting N8.5 trillion revenue for the country in 2020.
Auwal Ibrahim Musa Rafsanjani

CISLAC: Federal government’s success on corruption fight not backed with evidence

The Civil Society Legislative Advocacy Centre (CISLAC) has said Nigeria’s claim to a successful fight against corruption is not backed by facts.
The Senate on Wednesday confirmed the nomination of Muhammad Nami as the Executive Chairman, Federal Inland Revenue Services and 13 others as board members.

FIRS announces new tax clearance certificate regime

The Federal Inland Revenue Service (FIRS) has announced a new Tax Clearance Certificate (TCC) regime which will make it easier for taxpayers to obtain their clearance certificate.
A fire incident occurred at the headquarters of the Federal Inland Revenue Service (FIRS) in Abuja on Monday, officials said.

FIRS begins nationwide crackdown on tax defaulters

In what may be termed an aggressive move to swell government’s revenue, the Federal Inland Revenue Service (FIRS) says it will begin a nationwide tax enforcement exercise on recalcitrant tax evaders on Wednesday, December 18 (today).
Timi Frank

Timi Frank insists N90 billion diverted for 2019 general election

Comrade Timi Frank, political activist and former Deputy National Publicity Secretary of the All Progressives Congress (APC), has distanced himself from the report of PRNigeria claiming that only N40 billion were stolen from the Federal Inland Revenue Service (FIRS) to prosecute 2019 election by the ruling party.
The National Human Rights Commission (NHRC) has called for the arrest and subsequent trial of operatives of the Department of State Services (DSS) and other security officials involved in the invasion of the Federal High Court in Abuja.

NHRC calls for arrest, trial of security operatives involved in ‘court invasion’

The National Human Rights Commission (NHRC) has called for the arrest and subsequent trial of operatives of the Department of State Services (DSS) and other security officials involved in the invasion of the Federal High Court in Abuja.
Babatunde Fowler FIRS

Tunde Fowler: Digital economy now new gold

Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has described the digital space as the new gold in revenue generation in the country.
People wait at the entrance hall, on the eve of the UN Climate Change Conference COP25 at the ‘IFEMA – Feria de Madrid’ exhibition centre, in Madrid, on December 1, 2019. – Spain’s Socialist government offered to host this year’s UN climate conference, known as COP25, from December 2 to December 13, 2019, after the event’s original host Chile withdrew last month due to deadly riots over economic inequality. Spanish authorities expect some 25,000 participants and 1,500 journalists from around the world to attend the two-week gathering in Madrid. (Photo by CRISTINA QUICLER / AFP)

COP25: Groups reject carbon markets as climate summit begins

As the 25th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) begins in Madrid the Spanish capital, civil society and grassroots groups have challenged Parties negotiating at the 11-day conference to heed the demands of climate-impacted people around the world to advance real and just solutions to address the climate crisis.
Air Marshal Sadique Abubakar is the current Chief of Air Staff of the Nigerian Airforce

NAF chief establishes military university in Bauchi

The decision of the Chief of Army Staff, Lt Gen Tukur Buratai, and the Chief of Air Staff, Air Marshal Sadique Abubakar, to situate the Nigerian Army University and Nigerian Air Force University in their respective hometowns has become a topic of debate.
The Executive Chairman, KDIRS, Dr Said Abubakar, who revealed this in Kaduna said N22.8 billion was generated in 10 months out of the N23 billion targeted for the year.

Kaduna government surpasses 2019 IGR target

The Kaduna State Internal Revenue Service (KDIRS) on Thursday announced that the state has generated N30.3 billion as Internally Generated Revenue (IGR) in 10 months.
US President Donald Trump on Thursday brushed off North Korea’s test of a sea-launched ballistic missile, saying that planned nuclear talks with Pyongyang will go ahead.

Donald Trump begins formal US withdrawal from Paris agreement

Donald Trump has formally started the process of pulling the US out of the landmark Paris Agreement, three years after the deal came into force.

FIRS ‘non-resident taxpayers office’ takes off January 2020

The tax offices established by the Federal Inland Revenue Service (FIRS) for the administration of taxes for non-resident taxpayers will become operational by January 2020.

SERAP gives Abuja council chair 14 days to withdraw life pensions for ex-officials

Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to Mr Abdullahi Adamu Candido, chairman of the Abuja Municipal Area Council (AMAC), urging him to use his good offices and leadership position to “urgently withdraw and revoke the bill/edict for the unconstitutional and illegal payment of life pensions to former chairmen, vice-chairmen, speakers and other officials of AMAC.”
Thomas Cook

178-year-old British travel firm Thomas Cook faces collapse

Thomas Cook’s 178-year existence was hanging by a thread on Sunday after the iconic British travel firm struggled to find further private investment and is now relying on an unlikely government bailout.

Experts advocate broadening, transparency in tax revenues

Experts have called on the federal government to restructure the finances of the country such that the share of the nation’s revenue that it earns from taxation is judiciously utilised calling for more transparency.
Lagos State Governor Babajide Sanwo-Olu has announced the appointment of six new Permanent Secretaries in the States Civil Service.

LASG: Only 700,000 out of 22 million Lagosians are active tax payers

Lagos state government has disclosed that only 700,000 out of the 4.8million Lagosians registered as taxpayers are active taxpayers out of a population of about 22million people.
The Chairman of RMAFC, Mr Elias Mbam, said this on Thursday in Abuja when he led a team of RMAFC commissioners and other anagement members to the FIRS on a familiarisation visit.

RMAFC: FIRS contributes 60 percent of revenue for Nigeria

The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) said the Federal Inland Revenue Service (FIRS) contributed 59.7 per cent of revenues in the Federation Account in the last three months.

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Beyonce kicks off LA memorial for Kobe Bryant and daughter

Beyonce kicked off a star-studded memorial ceremony in Los Angeles on Monday for basketball great Kobe Bryant and his daughter Gianna who died along with seven others in a helicopter crash last month.
This was disclosed by Vice President, Yemi Osinbajo, who presided over the meeting of PEBEC at the Presidential Villa, Abuja, on Monday.

PEBEC, ICPC collaborate to prosecute corrupt public officials

The Presidential Enabling Business Environment Council (PEBEC) has partnered with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate and prosecute public officials and civil servants accused of corrupt practices.
President Muhammadu Buhari

Senator urges President Buhari to save APC from disintegration

Senator Abu Ibrahim, the Chairman, Board of Trustees (BoT), Council for New Nigeria initiative (CNNi) says President Muhammadu Buhari will preserve his legacy after leaving office if he saves the ruling All Progressives Congress (APC) from disintegration.
Opponents to the Indian government’s Citizenship Amendment Act (CAA) clash with supporters of the CAA, at Bhajanpura area of New Delhi on February 24, 2020 ahead of US President arrival in New Delhi. – Fresh clashes raged in New Delhi in protests over a contentious citizenship law on February 24, hours ahead of a visit to the Indian capital by US President Donald Trump. India has seen weeks of demonstrations and violence since a new citizenship law — that critics say discriminates against Muslims — came into force in December. (Photo by Sajjad HUSSAIN / AFP)

Four killed in India clash ahead of Donald Trump arrival

A policeman was among at least four people killed in New Delhi on Monday during violent clashes over a contentious citizenship law, local media said, hours before US President Donald Trump arrived in the Indian capital for an official visit.

Teenager steals N340,000 after hiding in bank’s toilet overnight

A 16-year-old boy, Adekunle Ayomikun, who allegedly hid in the toilet of a bank overnight and stole N340,000 was yesterday, remanded at Special Correctional Centre for boys in Oregun, by a Lagos magistrate’s court sitting in Igbosere.