Fire guts FIRS Headquarters ahead of New Tax laws rollout
A fire outbreak has reportedly affected the headquarters of the Federal Inland Revenue Service (FIRS), raising concerns just as Nigeria prepares for the rollout of new tax laws. The incident occurred at the Abuja office complex, drawing the attention of emergency responders and government officials. According to initial reports, firefighters arrived promptly to control the […]
National Revenue Service: FIRS, security agencies step up alliance ahead Jan 1
The Federal Inland Revenue Service (FIRS) has announced a closer collaboration with security agencies to ensure compliance and safeguard revenue collection ahead of January 1. The move aims to prevent tax evasion and secure sensitive financial operations across the country. FIRS officials revealed that the partnership will involve joint monitoring, intelligence sharing, and coordinated inspections. […]
It’s not new – FIRS clarifies 4% development levy
The Federal Inland Revenue Service (FIRS) has clarified that the widely discussed 4% development levy is not a new charge. According to the agency, the levy has been part of Nigeria’s tax system for years, but many businesses and individuals only recently became aware of it. FIRS stressed that the levy was already established under […]
Tinubu’s fiscal revolution rebuilding Nigeria ‘brick by brick’ – Lagos APC
The All Progressives Congress (APC) in Lagos State has hailed President Bola Tinubu’s fiscal reforms, describing them as a “revolution” that is steadily rebuilding Nigeria “brick by brick.” The party praised the administration’s financial discipline and the transformation taking place within the Federal Inland Revenue Service (FIRS) under the Renewed Hope agenda. In a statement […]
Tinubu mourns victims of Lagos Island fire
President Bola Ahmed Tinubu has sent heartfelt condolences to the families of those who lost their lives in the fire outbreak that occurred on Tuesday at the Afriland Building on Broad Street, Lagos Island. In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the president also sympathized with organizations affected […]
Identities Of Four FIRS Officials Who Died In Afriland Towers Fire Revealed
A terrible fire broke out on Tuesday at Afriland Towers, a multi-storey building on Broad Street, Lagos. The building is home to the Federal Inland Revenue Service (FIRS), United Capital Plc (UCAP), a branch of United Bank for Africa (UBA), and other financial offices, News360 Nigeria reports. The fire reportedly began in the building’s inverter […]
We are not owing grand rent, apologize to us – FIRS tells FCTA
The Federal Inland Revenue Service (FIRS) has criticized the Federal Capital Territory Administration (FCTA) for sealing two of its offices over a rent issue. FIRS called the move embarrassing and unnecessary. During a press conference in Abuja, FIRS officials said the FCTA acted wrongly and should apologize. They explained that they were not owing any […]
Wife of Detained Binance Executive Urges EFCC to Release Him
Yuki Gambaryan, the wife of detained Binance executive Tigran Gambaryan, has made a heartfelt plea to Nigeria’s Economic and Financial Crimes Commission (EFCC) to dismiss the charges against her husband. In April, the EFCC brought charges against Binance Holdings Limited, a prominent cryptocurrency firm, and its executive Tigran Gambaryan, accusing them of involvement in money […]