The Federal Inland Revenue Service (FIRS) has dismissed claims that Nigerians will be required to obtain a separate Tax Identification Number (TIN) before opening or maintaining a bank account. The clarification follows public concerns sparked by reports suggesting that, from January 2026, every Nigerian must present a TIN to access banking services. Arabinrin Aderonke Atoyebi,
In a strategic move poised to reshape Nigeria’s trade landscape, the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) have intensified joint efforts to deliver the long-awaited National Single Window (NSW) platform ahead of its targeted 2026 completion. The initiative, which has been in development for several years, is seen as a
Abuja, August 11, 2025The Federal Inland Revenue Service (FIRS) has announced the rollout of its new electronic invoicing (e-Invoicing) platform, with more than 1,000 companies already integrating into the system. The initiative, unveiled on Monday, is part of the agency’s ongoing tax administration reforms aimed at enhancing transparency, curbing revenue leakages, and improving compliance with
Abuja, Nigeria | August 8, 2025 The Central Bank of Nigeria (CBN) has initiated strategic engagements with key national and international financial stakeholders, including the International Monetary Fund (IMF), the Federal Inland Revenue Service (FIRS), and mortgage banking operators, in a bid to reinforce economic coordination and advance Nigeria’s financial sector development. The meetings, held
Abuja, July 28, 2025 The Federal Inland Revenue Service (FIRS) Chairman, Dr. Zacch Adedeji, has launched a stinging critique of Nigeria’s persistent economic woes, attributing a significant portion of the country’s financial underperformance to massive illicit financial flows and capital flight. In a no-holds-barred address, the FIRS boss declared that Nigeria is no longer prepared
ABUJA, July 25, 2025 – The Federal High Court in Abuja has granted the Federal Inland Revenue Service (FIRS) the legal backing to collect Value Added Tax (VAT) on food deliveries made through ride-hailing and logistics platforms, including Bolt Food. In the ruling delivered on Wednesday, Justice N.E. Maha affirmed the statutory powers of the
Abuja, July 9, 2025 The Federal Inland Revenue Service (FIRS), in partnership with the Bureau of Public Procurement (BPP), has donated two new compressed natural gas (CNG) buses to the BPP. The move aligns with the “Nigeria First” policy, which mandates that federal agencies prioritize locally made goods and services over imports. The BPP welcomed the
Abuja, Nigeria – July, 2025 — In a renewed drive to promote inter-agency cooperation and support national development under the “Nigeria First” policy, the Federal Inland Revenue Service (FIRS) has donated two Compressed Natural Gas (CNG)-powered buses to the Bureau of Public Procurement (BPP). The symbolic handover of the vehicles was conducted at the BPP
Abuja | June 18, 2025 The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, on Tuesday, welcomed a high-powered delegation from the Joint Tax Board (JTB) and several State Internal Revenue Service (SIRS) Chairmen to the FIRS Headquarters in Abuja. The delegation, led by JTB Executive Secretary, Mr. Olusegun Adesokan, visited
In a landmark move to prioritise the wellbeing of its personnel, the Federal Fire Service (FFS) has announced the launch of a nationwide mental health initiative aimed at supporting the psychological resilience and emotional health of its officers. The initiative, which is the first of its kind in the history of the agency, is designed
