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FIRS will continue collecting VAT – FG

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The Federal Inland Revenue Service (FIRS) will continue to collect Value Added Tax (VAT) following the ruling of the Court of Appeal on the...

VAT: Court orders Rivers, FIRS to maintain status quo

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The Court of Appeal in Abuja has ordered all parties to maintain the status quo and refrain from taking action that would give effect...

FIRS engages banks to recover N1.8trn from Multichoice

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The Federal Inland Revenue Service (FIRS) has hired some commercial banks as agents to freeze and recover N1.8 trillion from accounts of MultiChoice Nigeria...

Tribunal orders ex-NBA president Daudu to pay FIRS N248.5m

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The Tax Appeal Tribunal, Abuja on Wednesday ordered former Nigerian Bar Association president Joseph Daudu to pay the sum of N248.5 million to the...

Seven FIRS officials, ex-directors re-arraigned for fraud

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Some top officials of the Federal Inland Revenue Service (FRIS) and two former directors have been re-arraigned before Justice Bolaji Olajuwon of the Federal...

Fowler undergoes second day of EFCC grilling

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The Economic and Financial Crimes Commission (EFCC) on Tuesday resumed the interrogation of an ex-chairman of the Federal Inland Revenue Service (FIRS) Babatunde Fowler. Mr...

EFCC quizzes FIRS ex-boss Fowler over fraud allegations against Alpha Beta

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A former chairman of the Federal Inland Revenue Service (FIRS) Babatunde Fowler on Monday responded to an invitation from the Economic and Financial Crimes...

FG apologises for misleading tweets about bank account holders

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The Federal Government has apologised for Thursday’s “misleading tweets” directing account holders in the country’s financial institutions to register their details again. The government tweeted...

FIRS reforms cause rise in non-oil tax revenue

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The Federal Inland Revenue Service (FIRS) has continued to record significant increase in collectable tax revenue from the non-oil sector of the economy despite...

FIRS, NIPOST fight gets messier over stamp duty

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The fight for the control of stamp duties between the Federal Inland Revenue Service (FIRS) and the Nigerian Postal Services (NIPOST) might have worsened...