Buhari Seeks Duty-free Market Access for Least Developed Countries
President Muhammadu Buhari has called on developed and developing nations to grant duty-free and quota-free market access for products originating from the world’s 46 least-developed countries. He said that this would ensure their integration in regional and global value chains….
FIRS Opens 25 New Satellite Tax Offices Across Nigeria
… Officially Launches, Micro And Small Tax Office, Epe, Lagos As part of its goal to bring tax services nearer to the taxpayers and tax paying public, the Federal Inland Revenue Service (FIRS), has announced the opening of 25 new…
Online Betting: FIRS Deducts Taxes At Transaction Points, Issues Deadline To Operators
The Federal Inland Revenue Service (FIRS) has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the Sentinal National Payment Gateway and Electronic Solution. In a Public Notice signed by its Executive Chairman, Muhammad Nami, the…
NNPC Declares N674bn Profit After Tax For 2021
For the second year in a row, the Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax of N674bn. The Group Chief Executive Officer of NNPC, Mele Kyari, in Abuja said the NNPC as a corporation…
Muhammad Nami’s FIRS: A New Era Of Tax Efficiency
By Queen Onwughalu The innovations and reforms undertaken at Federal Inland Revenue Service (FIRS) by the new tax master, Muhammad Nami, call for a closer look. Since the discovery of oil in Nigeria in 1956, the nation has continued to…
