Major oil marketers have raised concerns that the federal government’s decision to impose a 15 per cent import duty on petrol and diesel could trigger another...
President Bola Ahmed Tinubu has approved the introduction of a 15% ad-valorem import duty on premium motor spirit (PMS), commonly known as petrol, and diesel. This...
A devastating fire broke out on Tuesday at Afriland Towers, a prominent multi-storey building on Broad Street, Lagos, housing major financial institutions, including the Federal Inland...
The Federal Inland Revenue Service (FIRS) has confirmed the death of four of its staff members in the fire incident that occurred on Tuesday at the...
Former Speaker of the House of Representatives, Yakubu Dogara, has thrown his weight behind President Bola Tinubu’s tax reforms, describing them as a lifeline for Nigeria’s...
A recent audit conducted by OOM Professional Services has uncovered discrepancies amounting to ₦101.17 billion in revenue remittances by the Nigeria Customs Service (NCS), prompting urgent...
A Federal High Court sitting in Lagos has confirmed that the Federal Inland Revenue Service (FIRS) has the legal authority to collect Value Added Tax (VAT)...
President Bola Ahmed Tinubu on Tuesday convened a closed-door meeting with top members of his economic and fiscal policy team at the State House in Abuja....
The Nigerian National Petroleum Company Limited (NNPCL) owes the Federal Government a combined total of N6.57 trillion in unremitted royalties and taxes, according to the latest...
In a move that could strain diplomatic relations, the Federal Capital Territory Administration (FCTA) has issued a stern warning to 34 embassies in Abuja over their...
