Federal Inland Revenue Service (FIRS)

Political Economy

Nigeria’s journey through tax reforms: Timelines and milestones

TAX reform has been a pivotal subject in Nigeria’s economic discourse, as successive administrations grapple with boosting revenue and...
Fatimah QUADRI -
Tax and Taxation

FIRS extends deadline for filing Company Income Tax returns

COMPANIES that were unable to file their income tax (CIT) returns for the 2023 year of assessment (YOA), which...
Harrison EDEH -
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Business and Economy

Nigeria’s tax-to-GDP ratio rose to 10.86% in 2021 – FIRS

THE Federal Inland Revenue Service (FIRS) said Nigeria’s tax-to-gross domestic product (GDP) ratio, which hovered between 5 and 6...
Harrison EDEH -
Education

In new Finance Act, FG increases education tax to 2.5%

THE Federal Government has increased education tax for tertiary institutions from two per cent to 2.5 per cent. This is...
Joseph OLAOLUWA -
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Featured News

NIPOST reclaims collection of stamp duty charges from FIRS

THE Nigeria Postal Service (NIPOST) has reclaimed the collection of stamp duty charges from the Federal Inland Revenue Service...
Vincent Ufuoma -
Featured News

How FIRS plans to meet N5.9trn revenue projection in 2021

THE Federal Inland Revenue Service (FIRS) has pegged 5.9 trillion naira as its revenue projection for 2021. Mohammed Nami, FIRS chairman,...
Vincent Ufuoma -
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