The Lagos State Government has begun prosecuting 45 individuals and companies for alleged tax defaults totalling ₦1.9 billion in unpaid liabilities. Attorney-General and Commissioner for Justice, Mr Lawal Pedro (SAN),…
Abuja: Fresh off a record-breaking haul of ₦28.3 trillion in 2025, the Nigeria Revenue Service (NRS), formerly FIRS, is raising the bar yet again, unveiling an audacious ₦40.71 trillion revenue…
Lagos: The Lagos State Internal Revenue Service (LIRS) has extended the deadline for employers to file their annual tax returns by one week, moving it from February 1 to February…
Lagos: Tax consultant Gabriel Oluwasola has declared that Nigeria’s new tax law offers “no hiding place” for evaders. Speaking at the Hyper Master Class Conference and Gala Award Night organised…
Abuja: The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says Nigeria’s Federation Account recorded a strong growth of N23.06 trillion in the first 10 months of 2025. The Chairman of…
Ilorin (Nigeria): The President, Chartered Institute of Taxation of Nigeria (CITN), Mr Innocent Ohagwa, says the new tax reform will instead benefit the downtrodden rather than impoverish them. Ohagwa clarified…
Abuja (Nigeria): The Presidential Fiscal Policy and Tax Reforms Committee states that approximately 98 per cent of Nigerian workers will be exempted from paying Pay-As-You-Earn (PAYE) tax under the new…
Abuja (Nigeria): The Presidency has announced that Nigeria is experiencing unprecedented growth in non-oil revenues, a testament to the government’s unwavering commitment to fiscal stability, compliance, and digital tax administration.…
Enugu: The Chairman, Enugu State Internal Revenue Service (ESIRS), Mr Emmanuel Nnamani, says that 99 per cent of the informal sector in the state does not remit taxes to government…