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    Tag: FIRS

    Crime

    How Aisha Achimugu’s legal troubles escalated from tax scrutiny to multi-billion naira asset forfeiture

    Aisha Achimugu’s legal troubles have escalated into one of Nigeria’s most high-profile financial crime cases, culminating in court-ordered forfeitures worth more than N8.9 ...
    By TSJ Reporter 2July 24, 20260
    Business

    Court okays EFCC’s request for interim forfeiture of N30.7m in NNPCL fraud case

    The Federal High Court in Abuja on Monday approved the Economic and Financial Crimes Commission’s, EFCC, request for an interim forfeiture of N30.7 ...
    By TSJ Reporter 3January 5, 20260
    Business

    FG prohibits cash payments to MDAs, directs installation of POS terminals for revenue collections

    The Federal Government has issued a sweeping directive prohibiting the use of physical cash for all revenue payments, instructing Ministries, Departments, and Agencies, ...
    By TSJ Reporter 3December 8, 20250
    Business

    Abuja court overturns tribunal’s N5.3bn FIRS tax ruling against AEDC, orders retrial

    The Federal High Court in Abuja has overturned a previous ruling by the Tax Appeal Tribunal, TAT, which had ordered Abuja Electricity Distribution ...
    By TSJ Reporter 3November 24, 20250
    court-
    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 ...
    By TSJ Reporter 5October 23, 20250
    Business

    N89.09trn stamp duty: ‘Only N370bn collected as revenue in six years,’ Emefiele counters Kazaure’s embezzlement claims

    The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that the total revenue collected as stamp duty in six ...
    By Felix OlokedeJanuary 24, 20230
    nipco
    Business

    FAAC accuses NNPC of using unofficial exchange rate for crude oil revenue since 2015

    The Federation Account Allocation Committee (FAAC) has accused the Nigerian National Petroleum Company Limited (NNPC) of using an exchange rate lower than the ...
    By Felix OlokedeJanuary 18, 20230
    Domiciliary
    Business

    FG proposes change of name for FIRS

    The federal government, on Thursday, December 22, said that it is contemplating on changing the name of Federal Inland Revenue service (FIRS) to ...
    By Felix OlokedeDecember 23, 20220
    Business

    Manufacturing sector leads as FG generates N625.4bn VAT in third quarter of 2022

    The federal government, through the Federal Inland Revenue Service (FIRS), on Wednesday, December 21, said that it generated the sum of N625.4 billion ...
    By Felix OlokedeDecember 22, 20220
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