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 ...
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Tag: #FIRS
FIRS 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 ...
Read moreFIRS Meets 2025 Oil and Gas Revenue Target for First Time in Years
The Federal Inland Revenue Service (FIRS) has achieved its 2025 oil and gas sector revenue target — the first time ...
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FIRS Rolls Out E-Invoicing System to Boost Tax Compliance and Transparency
The Federal Inland Revenue Service (FIRS) has officially launched an electronic invoicing solution (e-invoicing) aimed at transforming tax payment processes ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.