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Tax and Taxation

FIRS records N10.1trn revenue collection in 2022

THE Federal Inland Revenue Service (FIRS) has announced that it collected over N10 trillion in tax revenue in the year 2022, the highest tax...

FIRS warns government agencies over contracting collection of taxes to consultants

THE Federal Inland Revenue Service (FIRS) has warned Ministries, Departments and Agencies of Government (MDAs) over the appointment of consultants and concessionaires to collect...

Audit Report: Reps summon AGF over MDAs financial accounts

THE House of Representatives on Tuesday summoned the Acting Accountant General of the Federation, Okolie-aboh Sylva for failing to lay the 2020 audit reports...
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FG to implement new tariff hike on data, calls – Minister

THE Minister of Finance, Zainab Ahmed, has said the Federal Government is on course to implement a new tariff hike on data and calls. The...

Tax expert condemns multiple taxation as Senate passes NYSC Trust Fund bill

THE West Africa Tax Leader at PricewaterhouseCoopers (PwC), Taiwo Oyedele, has flayed the President Muhammadu Buhari administration for imposing multiple taxes on Nigerians. In a...

CIJD trains journalists on illicit financial flow reporting 

THE Centre for Journalism Innovations and Development (CJID) on Wednesday trained journalists on effective coverage of issues bordering on Illicit Financial Flows (IFF).  The one-day...
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FIRS launches self-service stations to enhance voluntary tax compliance

THE Federal Inland Revenue Service (FIRS) has introduced “Self-Service Stations” to increase voluntary tax compliance. The "Self-Service Stations" would assist taxpayers file tax returns, pay...

Lagos N800 transport levy scheme fails to kick off on February 1

IT was a bright Tuesday morning when The ICIR met Omogbolahon Ganiu at the Ojodu Berger park. He had just begun the day's job...

Lagos suspends NURTW activities in Eyin Eyo, Church Street, Idumota

THE Lagos State government has suspended activities of the National Union of Road Transport Workers (NURTW) at the Eyin Eyo, Church Street and Idumota...
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Here are ways redesigning the naira notes will affect you

THE Central Bank of Nigeria's (CBN) redesigning of select...