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The former agency responsible for tax collection in Nigeria, now merged into the Nigeria Revenue Service.
News published about Federal Inland Revenue Service
Condia Insider: How Nigeria’s new tax law will affect you
Bendada.com - Jun 30, 2025
President Tinubu signed four major tax reform bills to overhaul Nigeria's tax system. The reforms include modernizing VAT with real-time e-invoicing and zero-rating essential goods.
Nigeria sues Binance for $81.5bn, 30% over the exchange's valuation
Techpoint Africa - Feb 19, 2025
Nigeria's FIRS has filed a lawsuit against Binance for $81.5 billion, including $79.5 billion for economic losses and $2 billion in back taxes. The lawsuit alleges that Binance operated without proper registration and failed to comply with Nigerian tax laws.
Nigeria Prepares for Comprehensive Tax Reform, Including Cryptocurrency Regulation
Tech In Africa - Aug 24, 2024
The Nigerian government plans to introduce new tax legislation by September 2024, including regulations for the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) aims to streamline revenue administration and simplify tax laws.
Nigeria to introduce new tax laws regulating cryptocurrency by September 2024
Techpoint Africa - Aug 19, 2024
The Nigerian government is set to introduce new tax laws, including regulations for the Nigerian crypto industry, by September 2024. The FIRS plans to overhaul the revenue administration process and simplify tax laws.
Nigeria Drops Charges Criminal Charges Against Binance Executives
Tech Labari - Jun 14, 2024
Nigerian authorities drop criminal charges against Binance executive imprisoned since April. Charges of tax fraud against the executive have been dropped.