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FIRS

Nigeria Revenue Service Unveils New Identity, Logo as Transition From FIRS Takes Effect

January 1, 2026

The Nigeria Revenue Service (NRS) has officially unveiled its new institutional identity and logo, marking the formal transition from the Federal Inland Revenue Service (FIRS) and the full implementation of Nigeria’s sweeping

Business News·News·Top Stories

NIN, CAC Numbers Now Serve as Nigeria’s Unified Tax ID Under New Law

December 23, 2025

Nigeria has rolled out a unified Tax Identification framework that links tax records directly to existing national identity systems, with the National Identification Number (NIN) now serving as the Tax ID for

News

Fire Hits FIRS Office Amid Tax Law Discrepancy Concerns

December 21, 2025

A fire outbreak has damaged part of an office of the Federal Inland Revenue Service (FIRS) in Abuja, amid ongoing public controversy over alleged discrepancies in recently passed tax reform bills, Prime

Business News·News·Top Stories

Nigeria-France Tax Data Deal Sparks Debate Over Sovereignty, As FIRS Moves To Calm Public Concerns

December 12, 2025

Nigeria’s decision to sign a new tax-administration cooperation agreement with France has ignited wide public debate, with questions emerging about the possible exposure of sensitive national economic information. The Federal Inland Revenue

News

Tax Reforms: FIRS Unveils 16 Tech Firms For E-Invoicing Platform

August 15, 2025

The Federal Inland Revenue Service (FIRS) has named 16 digital technology companies as certified service providers to facilitate taxpayers’ onboarding onto its National E-Invoicing Solution (Merchant-Buyer Model). The initiative aims to replace

Business News·News

Customs Service, FIRS, NUPEC Share N53.5bn For Revenue Collection Costs, FAAC Reveals

January 18, 2024

Nigeria's key revenue-generating agencies - the Customs Service, FIRS, and NUPEC - jointly claimed N53.5 billion in November as the cost of revenue collection.

Business News·News

FIRS Urges Non-Domestic Oil Shipping Companies To Comply With Tax Laws In Nigeria

November 22, 2023

In a bid to bolster revenue for the government, the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, emphasized the necessity for non-domestic companies involved in shipping crude oil from

Business News

FG To Stop Taxing Tomatoes, Other Non-taxable Goods, Services

August 8, 2023

Federal Government is planning to stop taxes on tomatoes and other raw food items, the Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has revealed. Nami said FG is taking steps

Business News

FIRS Fails To Meet Oil Tax Revenue Projection, Records N3.76trn Non-oil Tax Income

July 21, 2023

The Federal Inland Revenue Service (FIRS) didn’t achieve its projection for tax revenue from the oil sector in the first half of 2023 but surpassed that of the non-oil sector. FIRS had

Tinubu Writes NASS, Seeks Approval For N500bn Subsidy Removal Palliatives

Business News

FG To Tax 40million Market Traders In Informal Sector

July 4, 2023

The Federal Government has decided to tax the 40 million market traders under the informal sector group, the Market Traders Association of Nigeria (MATAN). According to the Federal Inland Revenue Service (FIRS)

News·Oil & Gas

NCDMB, FIRS Offer Tax Incentives For Oil Industry R&D Investments

March 30, 2023

Oil and gas companies desirous to reduce their tax burden and grow profitability should consider increasing investments in research and development (R&D), with a view to taking advantage of the incentives provided

Business News

FIRS Set New Date For Submission Of Companies’ Income Tax, Excludes VAT, Others

July 5, 2022

The deadline for the submission of Companies’ Income Tax (CIT) has been extended by the Federal Government tax administrator, Federal Inland Revenue Service (FIRS), as firms struggle to meet initial deadline. FIRS

Business News·News

FIRS To Visit Tax Defaulters, Issues Two Weeks Deadline To Remit Tax

June 10, 2022

The Executive Chairman of Federal Inland Revenue Service (FIRS), Muhammad Nami, has given taxpayers and tax agents two weeks to remit their tax and funds received on behalf of the tax agency,

Business News

FIRS Moves After States Over Failure To Remit Tax Deductions

June 1, 2022

The Federal Inland Revenue Service (FIRS) disclosed its readiness to begin process of enforcement and recovery of unremitted tax deductions owed by some states and local governments. The FIRS, in a statement on Wednesday,

Business News

FIRS Demands Tax Compliance Approval For Holding Political Offices

May 27, 2022

The Federal Inland Revenue Service (FIRS) has asked that tax compliance should be a prerequisite for clearing aspirants to contest elective positions. Muhammad Nami, executive chairman, FIRS and chairman, Joint Tax Board (JTB) made

News

House Of Reps Grills TETFund Over N250bn Grant

May 12, 2022

The House of Representatives, recently, quizzed the Management of the Tertiary Education Trust Fund (TETFund) over the disbursement of N250 billion worth of grants, which TETFund obtained in 2019. This was contained

Business News

FIRS, NTA, Others Sign MoU To Educate Nigerians On Tax

February 8, 2022

he Federal Inland Revenue Service(FIRS) has signed a Memorandum of Understanding (MoU) with the Nigerian Television Authority (NTA), Federal Radio Corporation of Nigeria (FRCN) and the National Orientation Agency (NOA). This Newspaper can

Finance & Economy

FIRS Resumes Taxation On Bonds, Short-term Govt Securities

February 2, 2022

THE Federal Inland Revenue Service (FIRS) has commenced collection of income tax on bonds, short-term government securities.

Business News

Finance Bill: Our Tax System Must Work For Every Nigerian – FIRS

December 14, 2021

The Federal Inland Revenue Service (FIRS) has disclosed that the 2021 finance bill will enable an efficient tax system that will work for every Nigerian. Muhammad Nami, executive chairman FIRS, made this

News

FIRS Urges Inclusive Tax Accounting For Accurate Reporting Of Nigeria’s GDP, Revenue

December 7, 2021

Federal Inland Revenue Service (FIRS) has called for aggregation of all revenues generated at national and sub-national levels in Nigeria.

Finance & Economy

FIRS Extends Deadline for Waiver Of Interest, Penalties On CIT

December 2, 2021

The Federal Inland Revenue Service (FIRS) has announced additional and final one-month extension of its waiver for penalties and interest for companies with outstanding 2021 year of assessment (YOA) companies income tax

Only 20.5% Of People Pay Tax In Nigeria, Says FIRS

October 9, 2021

CHAIRMAN, Federal Inland Revenue Service (FIRS), Muhammad Nami, has said that only 41 million people pay tax in Nigeria.

Tribunal Dismisses Obi, Atiku’s Application For Live Streaming Of Presidential Election Petition

News·Top Stories

Appeal Court Orders FIRS, States To Maintain Status Quo Over VAT Dispute

September 10, 2021

AN Appeal filed by the Federal Inland Revenue Service (FIRS) over Value Added Tax (VAT) Dispute has been put on hold pending the hearing and determination of the instant suit.

Finance & Economy·News

FIRS Kicks Against VAT Collection By States

September 9, 2021

FEDERAL Inland Revenue Service (FIRS), has objected to the idea of states collecting Value Added Tax (VAT) in Nigeria.

Finance & Economy·News

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