FIRS – City Business News

November 9, 2025 No Responses

PalmPay, Wema Bank Complete Nigeria’s First Live Transaction On National Payment Stack

Nigeria’s digital payment landscape reached a groundbreaking milestone on Friday, November 7, 2025, as the first live transaction was successfully completed on the National Payment Stack (NPS) at exactly 11:56 a.m.City Business News reports that the historic transaction, executed between...

October 27, 2025 No Responses

FIRS Boss Lauds Judiciary’s Contribution To Tax Reforms

The Executive Chairman of the Federal Inland Revenue Service (FIRS) has commended the Nigerian judiciary for its pivotal role in shaping the country’s tax system through sound and consistent judicial pronouncements.He made the remarks in a goodwill message d...

September 12, 2025 No Responses

FIRS, CBN, NEXIM, UBA, NDIC Back 2025 FICAN Conference

The 2025 Conference of the Finance Correspondents Association of Nigeria (FICAN) has received strong backing from key financial institutions and regulators, underscoring its significance as a platform for shaping discourse on Nigeria’s digital economy.Among ...

August 13, 2025 No Responses

Photo News

The Comptroller General, Nigeria Customs Service (NCS), Bashir Adewale Adeniyi (left) and the Executive Chairman, the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji after a high-level meeting on Nigerian National Single Window (NSW) project, held on ...

January 28, 2025 No Responses

FG Targets 25% Port Operations Cost Reduction with National Single Window

The Federal Government has announced plans to implement the National Single Window (NSW) in its bid to reduce the cost of doing business in Nigerian ports by at least 25 per cent.Indeed, as highlighted by the World Bank, the cost...

January 16, 2025 No Responses

NASS Raises FIRS 2025 Revenue Target To ₦25tri

The National Assembly has raised the revenue target for the Federal Inland Revenue Service (FIRS) following revelations by Executive Chairman, Zacch Adedeji, that it had surpassed its 2024 revenue collection target, exceeding the ₦19.4 trillion target s...

November 9, 2024 No Responses

NLNG Bags FIRS’ Most Compliant Taxpayer Award

Nigeria LNG has received the prestigious award of Most Compliant Taxpayer by the Federal Inland Revenue Service (FIRS) at the 2024 FIRS Day, which took place during the Lagos International Trade Fair.This recognition is part of the FIRS Compliant Taxpayer...

October 3, 2024 No Responses

NPA Raises One Stop-Shop For Sale Of Crude In Naira To Dangote Refinery

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Thursday, disclosed that the implementation of the Federal Government directive on sale of crude oil and Petroleum products to Dangote Refinery in Naira has commenced.Speaking whe...

April 3, 2024 No Responses

FIRS Apologises To Christians

The Federal Inland Revenue Service (FIRS) has apologised to Christians over its controversial Easter message which has stirred controversy. In its Easter message to Christians in Nigeria, the FIRS had shared a flier showing a Point of Sale (PoS) machine....

February 7, 2024 No Responses

Ministers, CBN, FIRS Pledge To Address High Cost Of Living

The Minister of Finance, Mr Wale Edun, and the Minister of Budget and National Planning, Atiku Bagudu, have assured Nigerians that the high cost of living being witnessed by Nigerians is currently being addressed. Mr Olayemi Cardoso, the Governor of...

January 25, 2024 No Responses

FIRS Targets N19tri In 2024, Attains N12tri In 2023

For the year 2023, the Federal Inland Revenue Service (FIRS), collected N12.374 trillion as tax revenue, surpassing the year’s target of N10.7 trillion. The Chairman of FIRS, Zacch Adedeji disclosed this at the opening of a two-day strategic management ...

November 22, 2023 No Responses

FG To Shipping Firms: Reconcile Tax Books With FIRS Before Dec 31

The Nigerian Government has directed all international shipping companies operating in the country to reconcile their books with the Federal Inland Revenue Service (FIRS) before December 31, 2023. Chairman of the Federal Inland Revenue Service, Zacch Adedeji w...

September 15, 2023 No Responses

Tinubu Appoints Adedeji FIRS Chairman

President Bola Tinubu has approved the appointment of Zaccheus Adedeji, as the new Acting Executive Chairman of the Federal Inland Revenue Service. This announcement coincides with the impending commencement of terminal leave for the former chairman, Muhammed ...

August 10, 2023 No Responses

Committee Projects FIRS As Sole Revenue Collection Agency For FG

Barring last-minute adjustment, a proposal by the Presidential Committee on Tax Policy and Fiscal Reforms may stop about 63 Ministries, Department and Agencies (MDA) from collecting revenue on behalf of the Federal Government. Some of the agencies are the Nige...