NEWS Beep: FIRS Announces Plan to Launch Nigeria Tax Reform Acts
The Federal Inland Revenue Service (FIRS) has announced plans to officially launch the Nigeria Tax Reform Acts on Monday, November 10, 2025
....stay tuned for more!
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NEWS Beep: Again, FIRS Directs Banks, Stockbrokers, Other Financial Institutions to Deduct 10%…
The Federal Inland Revenue Service (FIRS) has directed banks, stockbrokers, and other financial institutions to begin deducting a 10% withholding tax on interest earned from short-term securities.
....stay tuned for more!
NEWS Beep: N2b FIRS Alleged Fraud: Eteta Knows Fate Dec 8…..details
The trial of Emmanuella Eteta Ita, Head of Stakeholders Unit of the Federal Inland Revenue Services, FIRS and her Surestart School Limited before Justice Giwa Ogunbanjo of the Federal High Court, sitting in Abuja, continued on Tuesday,…
NEWS Beep: As Edun Announces End of Deductions by FIRS, Customs, Others; Emphasizes All Revenue…
The Federal Government announced yesterday that revenue-generating agencies will no longer be allowed to retain a portion of the funds they collect. This marks the end of the long-established practice of making deductions for the cost of…
FIRS, ATAF Strengthen Ties to Boost Revenue Mobilisation in Africa
The Executive Secretary of the African Tax Administration Forum (ATAF), Mary Baine, led a delegation on Tuesday, September 30, 2025, on a courtesy visit to the Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch A.…
NEWS Beep: FIRS Clears Air on Borrowing Plan, says New Tax Regime Starts January
The Federal Inland Revenue Service (FIRS) has defended the Federal Government’s borrowing strategy, stressing that debt remains a legitimate tool for growth and infrastructure financing, not a sign of crisis.
FIRS Chairman…
As NNPC Breaks Silence With First Remittance, FIRS Shocks Nation With 411% Rise in Collections
Nigeria’s economic narrative is changing rapidly, and at the heart of this transformation is President Bola Ahmed Tinubu’s bold reform agenda. The news of a 411% surge in revenue collection by the Federal Inland Revenue Service (FIRS),…
See this Analysis👉🏽So Far FIRS Under Boss Zacch Adedeji….details
Report shows that from N711 Billion in May 2023 to N3.635 Trillion by September 2025; a staggering 411% increase.
Key highlights:
•FIRS Oil Collections: N96bn → N644bn (+571%)
•Non-Oil: N151bn →…
Read this 👉New Tax Law Clarifies Users of TIN for Bank Accounts
The Nigeria Tax Administration Act (NTAA) has reinforced the requirement for a Tax Identification Number (Tax ID) for certain transactions, including opening bank accounts.
According to Fiscal Reforms Nigeria, the Act makes…
Terrorism in Africa: CDS Musa Proffers Charges AI Technology as Part of Solution…details
The Nigeria’s Chief of Defence Staff (CDS), Christopher Musa has proffer AI Technology as another solid way to tackle terrorism in Nigeria and Africa in general.
He went further to look at the increasing threat of insecurity in…