Operators task new FIRS boss on VAT, withholding tax on capital market transactions
Capital market operators on Tuesday urged the new Federal Inland Revenue Service (FIRS) chairman to ensure removal of Value Added Tax on capital market transactions to boost investment in the country.
Nami replaces Fowler as FIRS chairman
The presidency has approved the composition of a new board for the Federal Inland Revenue Service (FIRS) subject to Senate confirmation.
Buhari appoints new FIRS boss as Fowler's tenure ends
Nigeria President Muhammadu Buhari has appointed Muhammad Nami as chairman of the Federal Inland Revenue Service (FIRS). Nami replaced Babatunde Fowler. His confirmation is subject to Senate confirmation. Nami, a well-trained tax, accounting and management professional with highly rated qualifications and professional practice and licenses from relevant professional bodies. He has almost three decades of…
Digital economy is new gold – Fowler
The Federal Inland Revenue Service (FIRS) said it has deployed electronic tax services (e-services) to ensure automation of tax processes for the purpose of improving transparency
Parties seek out of court settlement in N25 billion suit
The Federal Inland Revenue Service (FIRS) and First Bank Plc, have opted for out of court settlement in an N25 billion damages suit filed against them by an indigenous company, Biatemp Ventures Ltd over alleged account manipulation.
FIRS woos foreign investors to Nigeria with attractive tax
The Federal Inland Revenue Service (FIRS), has tasked foreign investors to consider Nigeria as their first option for business considering the attractive tax incentives, reliefs and attractive end-price the country offers.
Fire burnt only computer waste, stationery, says FIRS
The Federal Inland Revenue Service (FIRS), has said nothing critical to its operations was affected by the fire incident, which occurred at its headquarters on Saturday. The Service made this known in a statement signed by Head, Communications and Servicom Department, Wahab Gbadamosi, issued in Abuja, yesterday.
FG to pay 2.5% commission in loot recoveries
The Federal Government is seeking the approval of the National Assembly to pay 2.5 per cent as commission to those that assisted it in the recovery of the late General Sani Abacha loot and other funds stashed abroad.