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FIRS Tax Revenue Hits N3.94 trillion in Q1 2023 - Dr. Zacch Adedeji
Yesterday, the Federal Inland Revenue Service (FIRS) executive chairman, Dr. Zacch Adedeji, stated that the commission achieved a goal of N3.94 trillion in tax revenue in Q1 2024. He also said that th...
Cadbury Nigeria Plc Suffers N20.9 Billion Exchange Rate Loss
In the second quarter of 2023, Cadbury Nigeria Plc experienced a considerable setback, reporting a loss before tax of N17.9 billion. This is in stark contrast to the N800 million profit recorded durin...
FG Proposes Tax Reduction from 52 to 10 and Renames FIRS to Nigeria Revenue Service
With the aim of enhancing business facilitation, promoting transparency, and streamlining revenue collection, the Federal government has proposed a plan to decrease the existing 52 taxes to just 10. A...
Elon Musk Announces Twitter's New Monetization Program to Pay Verified Users for Profile Ads
Twitter's owner and CEO, Elon Musk, announced that the microblogging platform will soon begin paying verified users for ads that appear when others view their profiles. This extension of Twitter's mon...
FIRS Recorded the Highest Returns in Tax in First Half of 2023 - Chairman Tells NEC
The Federal Inland Revenue Service (FIRS) recently announced that the commission has recorded a total of N5.5 trillion from taxes for the first half of the fiscal year which began in January and ended...