Business

FIRS Reveals VAT-Free Items Under Tinubu’s Tax Reform

The Federal Inland Revenue Service (FIRS) has announced that items such as food, education, transport, and agriculture are now exempt from Value-Added Tax (VAT)...

Forbes Ranks Naira As Ninth Weakest Currency In Africa [FULL LIST]

The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report for September 2025. This ranking...

Dangote Refinery Reacts To Reports Of Sacking Nigerian Workers

The management of Dangote Petroleum Refinery and Petrochemicals has embarked on a "sweeping reorganisation of its operations and workforce." The refinery said it took the...

Why FG Keeps Borrowing Despite Hitting Revenue Target – FIRS Boss

The chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has defended the Federal Government’s borrowing plan. He stated that "loans remain a legitimate...

Cardoso Reveals Number Of Banks Who Have Fully Met New Capital Requirement

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, announced on Tuesday in Abuja that 14 Nigerian banks have fully met the...

How To Obtain A Tax Identification Number In Nigeria

According to the Federal Inland Revenue Services (FIRS), obtaining a "Tax Identification Number (TIN), or Tax ID, in Nigeria is a straightforward process," and...
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President Bola Tinubu has officially announced the establishment of...