Business
OGFZA declares support for 10-year tax relief to protect oil and gas free zone investments
The Oil and Gas Free Zones Authority, OGFZA, has declared support for calls for a 10-year tax exemption for operators within Nigeria’s oil ...
Incase you missed it
Tinubu orders urgent intervention, sets up panel to clear N1.5trn debts owed to 2,000 contractors
President Bola Tinubu has ordered an urgent intervention to clear the long-standing debts owed to federal contractors, following revelations that thousands of verified ...
Business
FIRS partners France to digitalize Nigeria’s tax administration system
The Federal Inland Revenue Service (FIRS) has partnered with France to modernize and digitalize Nigeria’s tax administration system through capacity building and improved ...
Business
FG receives N360.29bn from electronic money transfer levy
The federal government received N360.29 billion from the Electronic Money Transfer Levy (EMTL) between January and October 2025. According to figures from the ...
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EFCC returns N104m recovered from rice company to Niger govt
The Economic and Financial Crimes Commission, EFCC, has returned ₦104 million to the Niger State Government after recovering the funds from Kiara Rice ...
Business
FG surpass borrowing target by 55.6% as total loans hit N17.36trn
The federal government has surpassed its 2025 borrowing target by 55.6%, with total loans reaching ₦17.36 trillion within ten months exceeding the level ...
Business
Tinubu approves 15 percent import duty on petrol, diesel
President Bola Tinubu has authorized a 15 percent ad-valorem import duty on diesel and Premium Motor Spirit (PMS), commonly known as petrol. The ...
Business
FIRS direct banks, stockbrokers, others to deduct 10% withholding tax on interest from short term securities
The Federal Inland Revenue Service (FIRS) has directed banks, stockbrokers, and other financial institutions to begin deducting a 10% withholding tax on interest ...
Metro
FIRS official charged to court by EFCC over ₦2bn fraud
The Economic and Financial Crimes Commission (EFCC) has charged Emmanuella Ita, head of stakeholders unit at the Federal Inland Revenue Service (FIRS), and ...
Business
RMAFC partners FIRS to launch revenue recovery initiative
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), in partnership with the Federal Inland Revenue Service (FIRS), has launched a revenue recovery initiative ...
