FIRS, Flutterwave Collaborate on Digital Tax Platform   The Federal Inland Revenue Service (FIRS) has integrated Flutterwave’s payment technology to enable seamless digital tax collection, making the fintech company one of the few supporting the government’s efforts to modernise tax payments. Flutterwave disclosed this in a statement...

The four bills — the Nigeria tax bill, the Tax Administration bill, the Joint Revenue Board Establishment Bill, and the Nigeria Revenue Service Bill, scaled third reading during plenary on Tuesday.

The Asset Management Corporation of Nigeria (AMCON) said it has recovered over N2.1tn in debts despite its challenges since inception.

Reps Recover N28.7bn from Oil Firms for FG The House of Representatives’ Public Accounts Committee has fulfilled its promise to recover outstanding revenue due to the Federation Account after recovering $19,241,109.35 (approximately N28.7bn) from two oil companies. The committee’s investigation, which is based on findings from...

CBN Uncover N2.3m Unauthorised Naira Transactions    The Central Bank of Nigeria (CBN) has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system. CBN Governor, Olayemi Cardoso, disclosed this on Thursday at the Bank’s...

We Are Prioritising Investment Over Borrowing - Edun   The Federal Government has improved its resource allocation strategy to enhance efficiency and sustainability while reducing reliance on high-cost commercial borrowing. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said this on Thursday at...