Coinsurance ban puts spotlight on Nigeria’s Takaful industry
By Barbara Bako, Abuja. A new regulatory guideline banning coinsurance arrangements between conventional insurance and Takaful companies represents a significant shift for the industry. This change will test the resilience…
Customs, FIRS, NSW partner to boost trade reform
The Nigeria Customs Service (NCS) is stepping up its role in driving the Federal Government’s trade reform agenda through enhanced collaboration with the Federal Inland Revenue Service (FIRS) and the…
Revenue leakages persist despite tech tools, FIRS boss warns
Barbara Bako, Abuja. Despite major investments in digital tax tools like GIFMIS and TaxPro MAX, significant lapses in tax compliance by Ministries, Departments, and Agencies (MDAs) continue to result in…
FIRS seeks media partnership for tax reform awareness
Barbara Bako, Abuja. The Federal Inland Revenue Service (FIRS) has reaffirmed its commitment to building stronger ties with the media in order to foster improved public awareness and accountability around…
FIRS, Netherlands begin renegotiation of tax agreement
Barbara Bako, Abuja The Federal Inland Revenue Service (FIRS) has commenced formal renegotiation of the Double Taxation Agreement (DTA) between Nigeria and the Kingdom of the Netherlands, marking a major…
FCTA shuts down FIRS, Access Bank, others over unpaid rent
In a bold move to enforce compliance with land use regulations, the Federal Capital Territory Administration (FCTA) on Monday sealed multiple high-profile properties in Abuja, including an Access Bank branch,…
FG sets N25.2tr revenue goal for FIRS in 2025.
Barbara Bako, Abuja. Building on its remarkable performance in 2024, the Federal Inland Revenue Service (FIRS) has been entrusted by the federal government to generate N25.2 trillion in 2025. The…













