Sunday, October 19, 2025
24.4 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Interswitch, FIRS Partner to Sensitise Taxpayers on Benefits of Digital Remittance

Understanding the need for a convenient tax filing and payment system in the country, the Federal Inland Revenue Service (FIRS), in collaboration with Interswitch, Africa’s leading integrated payments and digital commerce company hosted a sensitization programme in Lagos.

The programme themed, ‘Sustainable Tax Management: Exploring Digital Remittance’ was held recently and had in attendance stakeholders within the revenue service value chain – private citizens, tax managers, accountants, tax auditors, tax consultants, bankers, and business owners.

To increase awareness of the benefits of adopting the digital tax remittance system, FIRS introduced the taxpayers’ sensitization programme. The activities for the programme included demo and enquiry sessions on the Tax-Pro Max e-filing platform launched by the Government tax management agency to address the complications experienced by taxpayers using the previous collection system.

Interswitch, as a key technology partner to the FIRS, showcased its Paydirect solution as a simple and reliable payment option on the FIRS Tax Administration Platform (TaxPro-Max).

The Paydirect solution, which is integrated with the FIRS’ TaxPro Max system, adds to the seamlessness in the filing and remittance of taxes, boosting the efficiency of the collection system and facilitating compliance.

Speaking at the event, Group Head, Government, Interswitch, Osasere Atohengbe, noted that the rise of technology-led processes has led to the improvement of service delivery, and Interswitch, as a technology-driven and user-focused company, will continue to work with the collection agency to ensure that taxpayers have access to easy tax filing and payment systems, while also boosting government revenue and national development.

Atohengbe added, “Not only is it important to pay taxes to improve infrastructural development, but the system of tax payment also needs to be addressed to ensure that its collection is sustainable, seamless, transparent and effective.

“To do this, taxpayers need to be in the loop, and we at Interswitch will continue our work with the FIRS to provide the necessary infrastructure that promotes the adoption of digital tax payments among taxpayers.”

The event also featured award presentations to stakeholders and partners of Interswitch and the tax collection agency for their continued support in advancing the goal of tax collection in the country.

Remarking on the sensitisation of the critical mass on the need for the uptake of digital remittance in the country, the Assistant Director, Taxpayer Service Department, Manasseh Otega, noted that there was a significant growth in the number of taxpayers as it continues in its awareness drive.

Recently, Interswitch and FIRS concluded a sensitisation program held in the Federal Capital Territory (FCT), extending its message across the country, in a bid to improve the taxpayers’ experience, widen the tax net and simplify tax remittance.

 

 

 

 

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

Ecobank Partners CFA Institute on Training, Research

The Chief Executive and President Chartered Financial Analyst (CFA)...

NCC at 18th Nigerian Guild of Editors Conference, Owerri 2022

L-R: Mrs. Nnenna Ukoha, Head, Corporate Communication, Nigerian Communications Commission...

‘Akili and Me’ New Season Debuts on AIT, Focuses on Words, Sounds

Ubongo, Africa’s leading edutainment production enterprise, has announced the...

Fitch Upgrades Fidelity Bank’s Rating to ‘Positive’

Fitch Ratings has revised the outlook on Fidelity Bank...

First Bank Deepens Financial Inclusion via Agent Banking Network, Empowers SMEs

Adesola Adeduntan CEO First Bank At present, there are over 86,000...

Debt Settlement: AMCON Returns Standard Shoe Company to Imo State Govt

Executive Director, Asset Management Corporation of Nigeria (AMCON), Dr....

Makems Excites Fashion Lovers at Abuja 2024 Jewellery Exhibition

Makems Jewellery, an Abuja-based fast-rising jewellery-making company in Nigeria,...

Muktari, Royal Exchange CEO Wins Most Outstanding CEO Award

L-R: Alhaji Auwalu Muktari, Group Managing Director/CEO, Royal Exchange...
Exit mobile version