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Saturday, July 13, 2019

FIRS Seals Two Oil Companies Over $610m Tax Arrears

The Federal Inland Revenue Service, FIRS in Lagos , sealed up the offices of two oil companies: Continental Oil and Gas and Con Oil...

Firms Owed Govt N260b in Taxes

The Federal Government is owed a colossal sum of over N260 billion and over $260 million in Withholding Tax (WHT), Pay As You Earn...

Tax Identification Number to Reduce Tax Evasion

- FIRS Boss The adoption of a national Taxpayer Identification Number, TIN and information exchange amongst states will reduce tax evasion and lead...

Revenue Agencies to Make Full Disclosure- Finance Minister

The Federal Government has declared that the Revenue Generating Agencies would be compelled to make full disclosure on their revenue generation in an effort...

FIRS Delists 2 Banks over Non-Remittance of Tax

The Federal Inland Revenue Service has delisted two banks from the list of collecting banks on account of tax fraud Executive chairman...

FIRS Boss Advises Graduates on Self-reliant

…. Bags honourary doctorate degree from Benson Idahosa University  The Executive Chairman Federal Inland Revenue Service (FIRS), Mrs Ifueko Omoigui Okauru has...

Hurray… Nigeria is No More Most Corrupt Nation

Hurray… Hurray… Hurray! This year again Nigeria is not listed amongst the most corrupt nations in the world having come 130th position out of...

Communiqué No. 66 of the Monetary Policy Committee Meeting

  Introduction:The Monetary Policy Committee (MPC) at its meeting today reviewed the domestic and external economic and financial developments for the year...

Church and Mosque Not Exempted from Tax – FIRS

… Use of Consultants for Tax Collection is an Aberration The Federal Inland Revenue Service has insisted that churches and mosques are not exempted...

Again FG, States Share N354bn in November

A total sum of N354.303 billion was distributed among the federal, state and local governments at the monthly meeting of Federation Account Allocation...

FAAC: The Sharing of N266bn Statutory and VAT Allocation in Nov 09

  The Sharing of N266bn Statutory VAT Allocation Gross summary of Statutory Revenue...

FAAC: The Sharing of N27bn on Foreign Exchange Difference in Nov 09

   Sharing of N27bn on Foreign Exchange Difference    Apart from the Federation Account Allocation of Statutory and VAT disbursement...

Corruption Index: The Ranking of Nigeria from 1995 – 2009

In the last 15 years of the annual report on Corruption Perception Index by the Transparency International, Nigeria...

CBN Supports Deregulation, Allows ETB to Rectify Lapses

The Central Bank of Nigeria (CBN) is in full support of the Federal Government’s policy on deregulation of the downstream sector of the...

Major Debtors of Intercontinental Bank Plc

CENTRAL BANK OF NIGERIA Following the recent regulatory action of the Central Bank of Nigeria on the...

Major Debtors of Union Bank

JANUARY 2009 UNION BANK  MAJOR DEBTORS AS AT MAY 31, 2009   TRANSNATIONAL CORP.PLC                                      ...