The Federal Government has commenced the rollout of a national Electronic Fiscal System to modernise Nigeria’s tax administration, curb evasion, and enhance transparency in revenue collection.

Oil Tax Revenue Rises 41.7% to N3.69tn Improved crude oil production and better compliance from oil companies have pushed Nigeria’s oil tax revenue to N3.69tn in the first half of 2025. This represents a 41.7 per cent increase over the N2.604tn collected in the same period...

FIRS Stops Issuance of Tax Exemption Certificates The Federal Inland Revenue Service has discontinued the issuance of tax exemption certificates to all categories of taxpayers, including pioneer status companies, non-governmental organisations, and free zone entities. In a public notice signed by its Executive Chairman, Zacch Adedeji,...

FIRS Rakes in N14.27tn Revenue, Exceeds H1 Target The Federal Government, through the Federal Inland Revenue Service, has recorded a significant revenue surge in the first half of 2025, collecting a total of N14.27tn, representing a 43 per cent growth compared to the same period...

The Federal Inland Revenue Service (FIRS) has announced plans to host a two-day national conference on illicit financial flows as part of renewed efforts to combat tax evasion and safeguard Nigeria’s financial system.

The Federal Inland Revenue Service (FIRS) and the Kingdom of the Netherlands commenced the renegotiation of the Double Taxation Agreement between Nigeria and the Netherlands.