FIRS Denies Monopoly Claims in Revenue Collection, Confirms Multi-Channel Payment Structure
The Federal Inland Revenue Service (FIRS) has clarified the role of Xpress Payments in its national revenue collection framework, dismissing ...
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Tag: #FIRS
FIRS to Unveil Nigeria Tax Reform Acts November 10
The Federal Inland Revenue Service (FIRS) will on Monday, November 10, 2025, officially unveil the Nigeria Tax Reform Acts during ...
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FIRS Orders 10% Withholding Tax on Short-Term Securities Interest
The Federal Inland Revenue Service (FIRS) has issued a directive requiring banks, stockbrokers, and other financial institutions to deduct a ...
Read moreFIRS Generates N22.59tn in Nine Months, Surpasses Annual Target by 115%
The Federal Inland Revenue Service (FIRS) has recorded a major revenue milestone, generating ₦22.59 trillion between January and September 2025, ...
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Nigeria Joins Global Peppol Network with Tax-ID Registration
Nigeria has achieved a major milestone in its digital trade transformation with the global registration of its Tax Identification Number ...
Read moreFIRS Reports 411% Revenue Growth to N3.64trn, Says Borrowing Now Focused on Infrastructure
The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has announced that Nigeria’s revenue collection has surged by ...
Read moreFIRS Clarifies Nigerians Do Not Need TIN to Operate Bank Accounts
The Federal Inland Revenue Service (FIRS) has clarified that Nigerian citizens are not required to possess a Tax Identification Number ...
Read moreFIRS Clarifies: Nigerians Do Not Need Separate TIN to Operate Bank Accounts
The Federal Inland Revenue Service (FIRS) has clarified that Nigerians are not required to obtain a separate Tax Identification Number ...
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FIRS Warns Taxpayers Against Hiding Transactions as National E-Invoicing System Goes Live
The Federal Inland Revenue Service (FIRS) has warned taxpayers against attempting to conceal transactions with the launch of the new ...
Read moreFIRS Extends National E-Invoicing Onboarding Deadline by Three Months
The Federal Inland Revenue Service (FIRS) has extended by three months the deadline for companies to onboard and transition to ...
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