3 h. ago Peace Sustained In N’Delta By Armed Forces Helped Us Meet Revenue Target – FIRS

The notable rise in tax revenue from oil production activities has been closely linked to the enduring peace in the Niger Delta region. Officials have noted that the key oil-producing areas’ stable and peaceful environment has allowed companies to maximise their operations and profits. Chairman of the Federal Inland Revenue Service (FIRS) Zacch Adedeji has […]

Events

5 h. ago Reactions As Tinubu Orders Review Of Revenue Retention By NNPCL, Others

President Bola Tinubu has ordered a comprehensive review of all deductions and revenue retention practices by major revenue-generating agencies. These agencies include the Federal Inland Revenue Service (FIRS), Nigeria Customs Service, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Maritime Administration and Safety Agency (NIMASA), and the Nigerian National Petroleum Company Limited (NNPC). The directive, given […]

Politics

8 h. ago Stransact, NRS help businesses navigate Nigeria’s new tax rules

Stransact Chartered Accountants, in partnership with the Nigeria Revenue Service (NRS), has advised corporate taxpayers and business owners on how best to adapt to Nigeria’s evolving tax environment, especially in light of the recently enacted 2025 Tax Reform Acts and the Federal Inland Revenue Service’s (FIRS) mandatory e-invoicing system. The guidance came during a one-day […] The post Stransact, NRS help businesses navigate Nigeria’s new tax rules appeared first on The Sun Nigeria.

Economics

8 h. ago Armed Forces critical to our collecting big tax revenue – FIRS chairman

Federal Inland Revenue Service (FIRS) chairman, Dr Zacch Adedeji, has said President Bola Tinubu’s security agenda is yielding tangible results, commending the Armed Forces and other security personnel for their dedication in securing the country. Adedeji disclosed that for the first time in a long while, FIRS has been able to meet its 2025 tax […] The post Armed Forces critical to our collecting big tax revenue – FIRS chairman appeared first on The Sun Nigeria.

Politics

15 h. ago Stransact, NRS upskill corporates on how to navigate Nigeria’s new tax landscape

Stransact Chartered Accountants, in collaboration with the Nigeria Revenue Service (NRS), on Wednesday, enlightened corporate taxpayers and business owners on read more Stransact, NRS upskill corporates on how to navigate Nigeria’s new tax landscape

Politics

20 h. ago ‘I Didn’t Benefit Anything From You,’ Peller Slams Lagos Gov’t Over N36m Tax Bill

Popular Nigerian content creator Habeeb “Peller” Hamzat has criticised the Lagos State Government for what he described as excessive taxation. In a viral video recorded from a recent livestream with singer Tobechukwu Okoh, popularly called Peruzzi, Peller revealed that the Lagos State Internal Revenue Service (LIRS) demanded N36 million in income tax from him. He […]

Economics

22 h. ago EFCC Probes Passenger Over Alleged Undeclared $59,000 At Lagos Airport

Damian was intercepted by customs operatives on Monday, during a routine check at the Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) Currency Declaration Desk. The post EFCC Probes Passenger Over Alleged Undeclared $59,000 At Lagos Airport appeared first on Channels Television.

Politics

24 h. ago US deficit grows to $291 billion in July despite tariff revenue surge – Reuters

The U.S. government’s budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in read more US deficit grows to $291 billion in July despite tariff revenue surge – Reuters

Politics

25 h. ago EFCC probes suspect over undeclared $59,000 at Lagos airport

By Blessing Iwuala Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission(EFCC), have commenced investigation of one Duru Ikechukwu Damian, arrested by the Nigeria Customs Service, (NCS) for allegedly failing to declare the sum of $59,000. Damian was intercepted by operatives of the NCS during a routine check at the […] The post EFCC probes suspect over undeclared $59,000 at Lagos airport appeared first on The Sun Nigeria.

Politics

26 h. ago FCTA approves firm to attract N11tn revenue through tourism in Dec

From Charity Nwakaudu Abuja The Federal Capital Territory Administration (FCTA) has commissioned a Nigerian firm to attract an estimated N11 trillion in annual revenue through tourism in the nation’s capital. Imoh Ebong, the chairman of Groovy December, disclosed this in Abuja yesterday. He added that the firm was working with the Federal Government’s agencies led […] The post FCTA approves firm to attract N11tn revenue through tourism in Dec appeared first on The Sun Nigeria.

Politics

30 h. ago Glo reduces rates for calls to major international destinations

By Chinwendu Obienyi Globacom has announced major reductions in its International Direct Dialing (IDD) rates, with calls going for as low as N30 per minute in some cases. This makes calling international destinations more affordable to existing and new Glo customers across Nigeria. The new rates took effect from August 10 and cover calls to […] The post Glo reduces rates for calls to major international destinations appeared first on The Sun Nigeria.

Politics

30 h. ago Customs, other agencies unite to drive National Single Window Project

By Chinwendu Obienyi The drive to modernise Nigeria’s trade processes gained fresh momentum yesterday as top government agencies met at the Nigeria Customs Service headquarters in Abuja to fast-track the National Single Window (NSW) project. Launched by President Bola Ahmed Tinubu in April 2024, the NSW aims to simplify trade procedures, enhance transparency, and deliver […] The post Customs, other agencies unite to drive National Single Window Project appeared first on The Sun Nigeria.

Politics

38 h. ago National Single Window project: Stakeholders reaffirm importance of inter

A high-level meeting was held on Tuesday, August 12 at the corporate headquarters of the Nigeria Customs Service in Abuja read more National Single Window project: Stakeholders reaffirm importance of inter-agency cooperation

Politics

44 h. ago Circle shares climb as Q2 revenue surges 53% on Stablecoin demand

Tribune Online Circle shares climb as Q2 revenue surges 53% on Stablecoin demand Circle Internet Group shares rose on Tuesday after the company reported its first quarterly earnings as a public company. Circle shares climb as Q2 revenue surges 53% on Stablecoin demand Tribune Online

Politics

46 h. ago Explainer: How to become an Authorised Economic Operator (AEO) in Nigeria

The Nigeria Customs Service (NCS) rolled out its Authorised Economic Operator (AEO) Programme, replacing the outdated Fast Track Scheme to read more Explainer: How to become an Authorised Economic Operator (AEO) in Nigeria

Culture

49 h. ago Infinix Launches Summer Sales Promo: Shop Smart and Enjoy Exclusive Gifts

This summer, leading smartphone brand Infinix is turning up the heat with its summer sales promo, running from now to September 6, 2025. The campaign offers customers exciting benefits, including massive discounts, instant gifts, a chance to win household appliances, and the ultimate grand prize of a fully loaded solar system worth ₦2.9 million in […] The post Infinix Launches Summer Sales Promo: Shop Smart and Enjoy Exclusive Gifts appeared first on The Sun Nigeria.

Politics

63 h. ago Customs intercepts N10bn worth of arms, ammunition, hard drugs, others at Apapa Port 

… Arrests 5 suspects in connection with various seizures    By Steve Agbota The Nigeria Customs Service (NCS) on Monday said that it intercepted 16 containers of hard drugs, arms, ammunition, expired pharmaceuticals, frozen poultry products, and counterfeit goods worth over N10 billion at Apapa port. The NCS said five suspects have been arrested in […] The post Customs intercepts N10bn worth of arms, ammunition, hard drugs, others at Apapa Port  appeared first on The Sun Nigeria.

Politics

63 h. ago Customs Intercepts N10bn Firearms, Expired Drugs At Lagos Port

The Nigeria Customs Service on Monday announced the interception of a cache of arms, ammunition, expired pharmaceuticals and drugs valued at N10 billion at the Apapa Port, Lagos. Comptroller-General of the Service, Bashir Adewale Adeniyi, who disclosed this on Monday, said the illicit goods were discovered in 16 containers at the Apapa Island Port in […]

Politics

64 h. ago Customs seizes N10bn worth of arms, expired drugs at Apapa Port

Tribune Online Customs seizes N10bn worth of arms, expired drugs at Apapa Port The Nigeria Customs Service (NCS) on Monday said it had intercepted 16 containers laden with contraband, including hard drugs, arms, ammunition, expired pharmaceuticals, frozen poultry products, and counterfeit goods smuggled via Apapa Port... Customs seizes N10bn worth of arms, expired drugs at Apapa Port Tribune Online

Politics

66 h. ago Customs impounds petroleum products worth N33.9m in three weeks

Tribune Online Customs impounds petroleum products worth N33.9m in three weeks Comptroller Bashir added that the aim could be achieved by disallowing the smugglers from having fresh air and truncating   Customs impounds petroleum products worth N33.9m in three weeks Tribune Online

Politics