First Bank of Nigeria Holdings (FBNH) recently appointed Mr. Olusegun Alebiosu as its acting CEO.The announcement was made public on Sunday evening after the bank confirmed Alebiosu's appointment in a...
The Nigerian Senate has approved N466,342,656,922.00 as the 2024 Federal Inland Revenue Service (FIRS) budget.The passage of the budget by the Senate followed its adoption and approval of the recommen...
The House of Representatives, in a bid to address the MultiChoice tax issue, has initiated an investigation into MultiChoice Nigeria's alleged failure to pay about N1.8 trillion and $342 million in ta...
On Monday, the Nigerian Senate through its Committee on Finance, announced that it was disappointed at the N17 trillion loss suffered by the country on tax waivers for the past five (5) years.The Sena...
MultiChoice Group has announced that its Nigerian subsidiary has agreed with the Federal Government of Nigeria through the Federal Inland Revenue Service to pay a total tax of about $37.3 million.&nbs...
International shipping companies operating in Nigeria will align their financial records with the Federal Internal Revenue Service (FIRS) between now and December 31.This warning was announced by the ...
Data shows that Nigerian tier-1 banks, also called FUGAZ, have reported to have surmounted a total of N102.96 billion in income from the account maintenance charged to customers for the first nine mon...
On Thursday, September 6, 2023, Google announced the 11 African startups that will benefit from its first cohort “Google for Startups Accelerator: AI First” programme. Application for this program...
As Nigerian banks continue to endorse digitalization, there has been a shift in revenue. In the first half of 2023, the total revenue generated from electronic transactions was N192.010 billion. These...
The newly appointed Acting Chairman of the Federal Inland Revenue Service (FIRS), Zach Adedeji, said on Monday that it would work on generating an 18% tax-to-GDP ratio in the next three years.He took ...