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Tag "FIRS"

Nigeria to surpass Africa’s average tax-to-GDP ratio in three years, says Zacch Adedeji

    Nigeria to surpass Africa’s average tax-to-GDP ratio in three years, says Zacch Adedeji

Zacch Adedeji, the new acting executive chairman of the Federal Inland Revenue Service (FIRS), says his target is to increase Nigeria’s tax-to-gross domestic product (GDP) to 18 percent in three

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‘Tax-to-GDP ratio rose to 10.86%’ — Nami speaks on feats as FIRS boss

    ‘Tax-to-GDP ratio rose to 10.86%’ — Nami speaks on feats as FIRS boss

Muhammad Nami, the former executive chairman of the Federal Inland Revenue Service (FIRS), says the agency generated N8 trillion in eight months as the country’s tax-to-gross domestic product “rose to

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Tinubu appoints Adedeji as FIRS boss, asks Nami to proceed on terminal leave

    Tinubu appoints Adedeji as FIRS boss, asks Nami to proceed on terminal leave

President Bola Tinubu has approved the appointment of Zacch Adedeji as the new acting executive chairman of the Federal Inland Revenue Service (FIRS). Tinubu also directed Muhammad Nami, the current

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NBS: FG’s revenue from company income tax tripled to N1.53trn in Q2 2023

    NBS: FG’s revenue from company income tax tripled to N1.53trn in Q2 2023

The federal government’s revenue from company income tax (CIT) more than tripled to N1.53 trillion in the second quarter (Q2) of 2023. Data culled from the National Bureau of Statistics

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2023 Finance Act implementation, telecoms Q2 data… 7 business stories to track this week

  2023 Finance Act implementation, telecoms Q2 data… 7 business stories to track this week

Here are the seven top business stories you need to track this week —  August 28 to September 1. FINANCE

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FIRS: From Sept 1, companies trading in TV masts, cell towers to charge VAT

  FIRS: From Sept 1, companies trading in TV masts, cell towers to charge VAT

The Federal Inland Revenue Service (FIRS) says from September 1, 2023, 7.5 percent value added tax (VAT) will be charged

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‘MDAs not set up to collect revenue’ — Taiwo Oyedele pushes for exclusive tax collection by FIRS

  ‘MDAs not set up to collect revenue’ — Taiwo Oyedele pushes for exclusive tax collection by FIRS

The presidential committee on fiscal policy and tax reforms says the Nigeria Customs Service (NCS) and 62 other ministries, departments

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We’ll ensure tax payment is beneficial to Nigerians, says presidential committee

  We’ll ensure tax payment is beneficial to Nigerians, says presidential committee

The presidential committee on fiscal policy and tax reform (PCFPTR) has pledged to improve tax payments, making them beneficial to

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How FIRS generated N5.5trn from taxes in six months — ‘highest half-year revenue ever’

  How FIRS generated N5.5trn from taxes in six months — ‘highest half-year revenue ever’

The Federal Inland Revenue Service (FIRS) says it generated N5.5 trillion as tax revenue in the first half of 2023. In

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CITN to FG: Address multiple taxation to encourage foreign investors

  CITN to FG: Address multiple taxation to encourage foreign investors

The Chartered Institute of Taxation of Nigeria (CITN) has asked the federal government to address the issue of multiple taxation

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