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FIRS: Non-oil sector generates 54% of N5.32trn 2018 revenue

…As Shell inducts 30 graduates for industry internship*** The Federal Inland Revenue Service (FIRS) declared Thursday that the non-oil sector...

FIRS gets N23b unpaid tax from corporate firms

…Orders IOCs to pay $20bn in back taxes*** The Federal Inland Revenue Service (FIRS) has generated over N23billion in unpaid...

LCCI cautions FIRS against debiting companies’ accounts over tax default

…Stressess that elections must be free, fair and credible*** The Lagos Chamber of Commerce and Industry (LCCI) has strongly cautioned...

Polls: Nigeria must avoid ‘Venezuelan nightmare’, says Akinyemi

…As FIRS to sell properties of 52 firms, over N3.4bn tax debt*** A former Minister of Foreign Affairs, Professor...

CBN plans tougher bank capital rules to curb bad debts

…As Fowler says FIRS will surpass N5.3tn 2018 revenue*** The Central Bank of Nigeria plans to introduce fresh capital rules...

India offers Nigeria $5bn line of credit

…As FIRS’s cost of revenue collection hit N300bn in 2018*** Nigeria can explore $5bn line of credit with low...

NASS will override Buhari on Electoral Act –Turaki

...As FIRS to sell tax evaders’ properties, freeze 6,772 accounts*** A presidential aspirant of the Peoples Democratic Party, Alhaji Taminu Turaki, has said that the...

Importers fault revenue target for NCS, FIRS

...As Respite finally comes for motorists on Apapa-Oshodi expressway*** Importers and the Lagos Chamber of Commerce and Industry (LCCI) have faulted the revenue targets given...

China offshore oil coy to invest $3bn in Nigeria

…As FIRS tells how half-year tax revenue improve by 42% in 2018*** The China National Offshore Oil Corporation (CNOOC) is set to invest an additional...

Senate probes FIRS, NPA, others for alleged fraud

 Approves N180bn virement in 2016 budget Buhari’s request unconstitutional, says Ekweremadu The Senate yesterday  resolved to probe alleged misuse, under remittance and other...
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