Category: FIRS

FG launches national single window project for enhanced trade efficiency

The project is designed to reduce clearance times, improve economic metrics, increase transparency, and minimise trade costs The post FG launches national single window project for enhanced trade efficiency appeared first on Premium Times Nigeria. Powered by WPeMatico

We raked in N12.3trn in 2023 — FIRS

The Federal Inland Revenue Service, FIRS, said it recorded unprecedented progress in revenue collection, culminating in a remarkable achievement of N12.3 trillion in 2023. The FIRS Chief Executive, Zacch Adedeji, said this on Friday at the FIRS special day at the ongoing 35th Enugu International Trade Fair. Adedeji, who was represented by a staff of […]

JUST IN: FIRS fails to arraign Binance officials in tax evasion, money laundering case

Binance and its two officials – Tigran Gambaryan and Nadeem Anjarwalla – were scheduled to be arraigned before the Federal High Court in Abuja on five counts of money laundering and tax evasion on Thursday. The post JUST IN: FIRS fails to arraign Binance officials in tax evasion, money laundering case appeared first on Premium […]

FIRS apologizes over offensive Easter message

The Federal Inland Revenue Service has tendered an apology to the Christian Association of Nigeria and Nigerians over an Easter message regarded as offensive. Recall that a flier shared via its X account on Sunday reads, “Jesus paid your debts, not your taxes.” However, reacting to the FIRS’s Easter post, CAN, the Christian body, demanded […]

Reps panel queries Accountant General’s office for payment to Remita

The committee accused the Central Bank of Nigeria (CBN) and Commercial Banks of complicity in the sharing of the N15 billion remittance. The post Reps panel queries Accountant General’s office for payment to Remita appeared first on Premium Times Nigeria. Powered by WPeMatico

Reps warn FIRS against contempt of parliament

The House of Representatives Public Accounts Committee, PAC, has issued a warning to the Chairman, Federal Inland Revenue, FIRS, Zacch Adedeji, fir refusing to honour its invitation. The committee said that Adedeji’s actions amounted to contempt of parliament. The Chairman, PAC, Rep. Bamidele Salam, said this at the resumed investigative hearing of revenue leakages in […]

Nigerian govt to unveil N100bn consumer credit soon – FIRS Boss

The Federal Inland Revenue Service Chairman, Zacch Adedeji, said the Nigerian government would unveil its proposed N100 billion consumer credit loan in a couple of days. Adedeji disclosed this on Wednesday, when the Chief Executive Officer of Guinness Nigeria Plc, Adebayo Alli, led the company’s management team on a visit to the Revenue House in […]

FIRS has no plans to hike taxes – Adedeji

The Chairman of the Federal Inland Revenue, Zacch Adedeji, has reiterated the agency’s commitment not to introduce additional taxes in the country. Adedeji stated this on Wednesday, when the Chief Executive Officer of Guinness Nigeria Plc, Adebayo Alli, led the company’s management team on a visit to the Revenue House in Abuja. In a statement […]

FG files tax evasion charges against Binance

“According to this rule, Binance falls into that category. So, it has to pay taxes like Company Income Tax (CIT) and also collect and pay Value Added Tax (VAT),” an official said. The post FG files tax evasion charges against Binance appeared first on Premium Times Nigeria. Powered by WPeMatico

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