firs

  1. Concerns Arise Among Content Creators as CAC Mandates Registration and Tax Payments

    Nigeria Concerns Arise Among Content Creators as CAC Mandates Registration and Tax Payments

    The Corporate Affairs Commission (CAC) has called on social media content creators, particularly those with large followings on platforms like Instagram and TikTok, to register their businesses with the commission by the Company and Allied Matters Act 2020. This move comes amidst rumored plans...
  2. Nigerian Content Creators Breathe a Sigh of Relief as FIRS Clarifies No Tax Plans

    Nigeria Nigerian Content Creators Breathe a Sigh of Relief as FIRS Clarifies No Tax Plans

    The Federal Inland Revenue Service (FIRS) clarified that it currently has no intentions to tax online content creators, particularly emphasizing that skit makers fall outside the purview of the FIRS. A staff member, speaking anonymously, explained that the FIRS primarily deals with Company...
  3. Tax Reform Focus: Federal Government Targets Wealthy Nigerians for Greater Contributions

    Nigeria Tax Reform Focus: Federal Government Targets Wealthy Nigerians for Greater Contributions

    In a bold move to revamp Nigeria's tax system, the Federal Government, under President Bola Tinubu's leadership, is embarking on an ambitious tax reform initiative. The primary objective is to shift a larger share of the tax burden onto the country's wealthier citizens while concurrently...
  4. Ex-FIRS Chairman Nami Under Fire for Authorizing ₦11 Billion Payments Post-Exit

    Nigeria Ex-FIRS Chairman Nami Under Fire for Authorizing ₦11 Billion Payments Post-Exit

    Muhammad Nami, the former chairman of the Federal Inland Revenue Service (FIRS), approved payments totaling billions of Naira to various contractors and consultants just two days after his abrupt removal from the position, according to documents obtained by TheCable. Nami's successor, Zacchaeus...
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    Business CBN's Expenditure Report: ₦74.84 Billion Used for Naira Redesign and Currency Matters in 2022

    The Central Bank of Nigeria (CBN) incurred approximately ₦74.84 billion in expenses during 2022 due to the naira redesign policy and other currency-related matters. These expenses encompassed the printing, processing, distribution, and disposal of currency notes, including factors like raw...
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    Business Online betting: FIRS now deducting tax at transaction point, operators get Dec 31 deadline - The Cable

    https://www.thecable.ng/online-betting-firs-now-deducting-taxes-at-transaction-points-operators-get-dec-31-deadline
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    Metro FIRS Director, Mohammadu Kudu Lawal, Shot Dead - The Nation

    https://guardian.ng/news/firs-director-shot-dead/
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    Metro FIRS breaks all-time record, generates N6.4trn revenue in 2021 - The Cable

    https://www.thecable.ng/firs-breaks-all-time-record-generates-n6-4trn-revenue-in-2021
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    Business Tax evasion’: Tribunal okays Multichoice’s N8bn deposit, fixes date to hear appeal against FIRS - The Cable

    https://www.thecable.ng/tax-evasion-tribunal-okays-multichoices-n8bn-deposit-fixes-date-to-hear-appeal-against-firs
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    Metro Governor Wike: I’ll take over FIRS offices, seal firms that fail to pay VAT to Rivers – TODAY

    https://www.today.ng/news/nigeria/governor-wike-firs-offices-seal-firms-fail-pay-vat-rivers-387450
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    Metro FIRS mulls establishment of federal revenue court - The Cable

    https://www.thecable.ng/firs-mulls-establishment-of-federal-revenue-court
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    Politics Senate approves N216.65bn for FIRS in 2021 – PM News

    https://www.pmnewsnigeria.com/2021/04/28/senate-approves-n216-65bn-for-firs-in-2021/
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    Metro FIRS N1.4bn refreshment budget reckless, insensitive –TI, others - Punch Newspaper

    https://punchng.com/firs-n1-4bn-refreshment-budget-reckless-insensitive-ti-others/
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    Politics BREAKING: Babatunde Fowler Returns To EFCC Over N9.2Bn Allegedly Linked To His Account | Naijaloaded News

    https://www.naijaloaded.com.ng/news/breaking-babatunde-fowler-returns-to-efcc-over-n9-2bn-allegedly-linked-to-his-account
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    Metro Why we summoned Fowler – EFCC - Vanguard Newspaper

    https://www.vanguardngr.com/2020/11/why-we-summoned-fowler-efcc/
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    Politics Minister breaks silence on NIPOST, FIRS feud over stamp duty collection – The Guardian Nigeria News

    https://guardian.ng/news/minister-breaks-silence-on-nipost-firs-feud-over-stamp-duty-collection/
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    Metro Fire outbreak at LASTMA headquarters - PM News

    https://www.pmnewsnigeria.com/2020/09/22/fire-outbreak-at-lastma-headquarters/
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    Politics 60 federal agencies including FIRS, Customs to be barred from getting allocations from next year - Pulse Nigeria

    https://www.pulse.ng/news/local/60-federal-agencies-including-firs-customs-to-be-barred-from-getting-allocations-from/exscmby
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    Business Stamp Duties collection backed by law – FIRS – Vanguard News

    https://www.vanguardngr.com/2020/08/stamp-duties-collection-backed-by-law-firs/
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    Politics FIRS ‘regrets’ face-off with NIPOST over stamp duty – Premium Times Nigeria

    https://www.premiumtimesng.com/news/headlines/408310-firs-regrets-face-off-with-nipost-over-stamp-duty.html
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