Revenue as Nigeria’s New ‘Crude Oil By Dare Adekanmbi •Why President Tinubu Deserves Commendation Prior to Nigeria’s independence in 1960, agriculture was the mainstay of its economy, even as reflected in the economic activities of the regions there were in the country at that time. Famous stories...

Why We Ordered Bank Directors with Bad Loans to Resign - CBN The Central Bank of Nigeria says the reason it ordered bank directors with non-performing insider-related loans to immediately resign from their positions was in response to strengthen corporate governance and reduce credit risk...

CBN Approves Banks to Trade with Deposited FX The Central Bank of Nigeria has issued guidelines to banks on implementing the free foreign exchange deposit window announced by the Federal Government recently. The guidelines released by the CBN on Tuesday provided the modalities for the participation...

Tax Bills not Threat to Govt Agencies – FIRS Zacch Adedeji, Chairman of the Federal Inland Revenue Service, has dismissed concerns that the four tax bills currently before the National Assembly threaten the existence of any government revenue-generating agency or its operations. This was contained in...

FG Launches USSD Code to Simplify Tax Payment The Federal Inland Revenue Service has launched a USSD code, *829#, to simplify tax payments as part of efforts to enhance the ease of doing business and improve taxpayer satisfaction. The FIRS Chairman, Zacch Adedeji, introduced the initiative...

Revenue Increase, Better Compliance, Others Necessary for Tax Reforms - FIRS The Chairman of the Federal Inland Revenue Service (FIRS), Dr Zaach Adedeji, yesterday explained that Nigeria’s tax system reforms are driven by the need for increased revenue, better compliance, and more equitable economic practices. Adedeji...