Chairman of Afriland Properties Plc and Heirs Holdings, Tony Elumelu, has expressed profound sorrow over the devastating fire at Afriland Towers in Lagos on Tuesday, which claimed the lives of several employees. In a heartfelt statement verified by the media relations unit and shared with newsmen on Wednesday, Elumelu...
FIRS
Federal Inland Revenue Service (FIRS) is reeling from the devastating loss of four staff members in a fire that broke out on Tuesday at Afriland Towers, Broad Street, Lagos. The incident, which has plunged the entire FIRS community into mourning, occurred at the building where FIRS occupies the sixth...
Federal Inland Revenue Service (FIRS) has officially endorsed eTranzact International Plc as a certified provider for its nationwide e-invoicing initiative, building on their prior collaboration in VAT automation under the Tax Administration 2.0 framework. Head of Corporate Communications at FIRS, Adeyemi Opene, announced on Thursday that this approval solidifies...
By DAVID IORJA, Abuja- President Bola Tinubu has mandated a comprehensive review of revenue retention and deduction practices by key federal agencies to enhance Nigeria’s financial framework. The directive was disclosed by Finance Minister Wale Edun following the Federal Executive Council meeting, presided over by Tinubu, on Wednesday at...
By DAVID IORJA, Abuja- President Bola Ahmed Tinubu has directed the National Single Window (NSW) Steering Committee to ensure the platform becomes fully operational by the first quarter of 2026. The directive was delivered during Tuesday’s fifth steering committee meeting at the State House, Abuja. The President was represented by his...
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has stated that there is currently no concrete evidence to support allegations that some state governments are diverting funds allocated to local governments. Chairman of the Committee on Inland Revenue Services at RMAFC, Mr. Bimbo Kolade, disclosed this in an interview with...
Federal High Court in Abuja has adjourned the tax evasion case filed by the Federal Inland Revenue Service (FIRS) against Binance Holdings Limited to October 14, due to the absence of the trial judge, Justice Emeka Nwite. The case, which was scheduled for the continuation of the cross-examination of...
By EZEKIEL OBI, Abuja- The Federal Inland Revenue Service (FIRS) has directed the opening of tax offices on weekends for the month of June to help companies meet the Companies Income Tax (CIT) filing deadline. FIRS Chairman, Zacch Adedeji, announced that tax offices will operate from 10:00 a.m. to...
The Federal Capital Administration (FCTA) has sealed the premise of Federal Internal Revenue Service (FIRS) Access Bank and Total Energy in Wuse over unpaid ground rent. The FCTA also sealed the Chinese Cultural Centre, Wuse, belonging to Jade Garden Restaurants, for nonpayment of ground rent for 19 years. The...
By JOY ADARA, Abuja – The Federal Inland Revenue Service (FIRS) is set to host the public launch of a book titled: ‘Taxation: Essential Knowledge for Nigerian Children’. The presentation forms part of the activities planned to mark the 2025 Children’s Day celebrations. The event director, Mr Jerry Adesanwo,...
The Federal Inland Revenue Service (FIRS) has prayed the Federal High Court in Abuja to dismiss an application by Binance Holdings Limited, seeking to vacate the ex-parte order made in its favour. The News Agency of Nigeria (NAN) reports that Justice Inyang Ekwo had, on Feb 11, granted leave...
Binance Holdings Ltd. has prayed the Federal High Court in Abuja to set aside the ex-parte order granted the Federal Inland Revenue Services (FIRS) for substituted service of all court documents on it. Binance lawyer, Chukwuka Ikwuazom, SAN, told Justice Inyang Ekwo shortly after the matter was called on...
The Federal High Court in Abuja on Thursday, ordered the final forfeiture of two property linked to a staff member of Federal Inland Revenue Services (FIRS), Aminu Garunbaba, to the Federal Government. The property include a four bedroom terrace maisonette with BQ at Barumark Groove Estate, Plot 667, Cadastral...
The Federal High Court in Abuja on Monday, adjourned the suit filed by the Federal Inland Revenue Services (FIRS) against Binance Holdings Ltd, demanding 79.5 billion US dollars over economic losses allegedly caused by its operations in Nigeria, until April 7. The matter, which was on number 9 on...
The chief revenue officer of the federation and Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has been trending since the beginning of this year. And for the right reasons, too. Historically, the tax man has not always been the beloved of the people. Not...
The Oyo Stakeholders Forum (OSF) is pleased to spotlight the transformative vision of Dr. Sir Zaach Adedeji, the current Chairman of the Federal Inland Revenue Service (FIRS), and the only APC ASPIRANT that can transform Oyo State in 2027. Dr. Adedeji’s tenure at FIRS has demonstrated an exceptional ability...
More partners are lining up for the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) with the Nigerian National Petroleum Company Limited (NNPCL), Nigeria LNG Limited (NLNG), Federal Inland Revenue Service (FIRS), Delta State and Lagos State, as well as the Joint Admission and Matriculation Board...
The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in line with the Tax Administration and Enforcement Act 2007. Executive Chairman, FIRS, Dr Zacchaeus Adedeji, stated this on Wednesday in Lagos at the LCCI-FIRS Organised Private Sector Stakeholders Engagement...
The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October. This is according to a statement by the Director Press and Public Relations, Federal Ministry of Finance and Economic Planning, Mr Mohammed Manga in Abuja on Monday. Manga said that...