The Chairman of the Federal Inland Revenue Service, Tunde Fowler, has said that of the N9.3 trillion 2018 federal budget, FIRS intakes will account for N4 trillion. Fowler also said the service is on course to achieve its target of N5 trillion from taxes in the 2018 fiscal year. Disclosing this in an interview on […]
FIRS Will Contribute Over N4t To 2018 Budget – Fowler Read More »
Oil magnate and socialite, Dapo Abiodun, has cause to smile again months after he lost his son, Olu in very mysterious circumstances. Dapo, who is the chairman of Corporate Affairs Commission, was recently conferred with a honourary doctorate degree in Finance by the Ekiti State University, Ado Ekiti during the 23rd convocation ceremony of the
Dapo Abiodun smiles again, bags doctor of finance degree Read More »
Daily Trust reported last week that about 50 federal agencies are presently being run by acting Chief Executive Officers [CEOs] months or years after their substantive heads either retired or were sacked. This situation does not portray government in good light, coming as it does eight months after President Muhammadu Buhari announced that he will
Lagos – Union Bank Nigeria Plc on Tuesday says it recorded N15.5 billion profit before tax during the financial year ended Dec. 31, 2017. The information is in a statement signed by the Head of Corporate Affairs Communication, Ms Ogochukwu Ekezie-Ekaidem, after the 49th Annual General Meeting of the bank. Ekezie-Ekaidem quoted the Chairman of
Grant Thornton, the fifth largest organization of accounting firms in Africa, with representation in 24 countries on the continent, has concluded this year’s regional meeting for their clients in Nigeria. Mr. Peter Orizu, Executive Manager, Grant Thornton, said the event has enabled clients in Nigeria to meet and interact with some global leaders of Grant
The Federal Inland Revenue Service (FIRS), Joint Tax Board (JTB) and the Small and Medium Enterprises Development Agency (SMEDAN) have sensitised Business Membership Organisations (BMOs) on tax payment and their rights as taxpayers, in a move aimed at stimulating the economy. The Executive Chairman of FIRS and Chairman, JTB, Tunde Fowler, said the Micro, Small and
Four four-star hotels in Lagos, Delta and Rivers states were among a group of 19 companies across Nigeria sealed by the Federal Inland Revenue (FIRS) over non-remittance of tax. The FIRS noted that the companies which range from hospitality outfits to oil and gas companies and manufacturing companies were sealed over their failure to fulfil
FIRS Seals Four Hotels, 15 Other Companies Over N5.7bn Tax Debts Read More »
The Federal Inland Revenue Service (FIRS) has lamented the lack of focus on issues of taxation by financial reporters in the country. The agency stated this at the commencement of a two-day training in Abuja for journalists on tax reporting, saying that it aimed at equipping them with relevant skills on accurate reporting of tax
FIRS Trains Journalists On Accurate Tax Reporting Read More »
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have agreed their to track both individuals and organisations who refuse to pay the right taxes. The partnership will beam searchlights on defaulting taxpayers who also refused to rely on the Federal Government’s tax amnesty programme: Voluntary Assets and Income Declaration
FIRS, EFCC partner to track tax defaulters as VAIDS ends Read More »
The Corporate Affairs Commission (CAC) has opened a portal for people to search company or business name before registration. Acting Register-General of CAC Azuka Azinge revealed this on Wednesday in Lagos at the Quarterly Stakeholders’ Forum of the Commission. According to Azinge, the move is to make registration of businesses easier, revealing that businesses can now
CAC Opens Name Search Portal For Business Registration Read More »
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