On 1 December 2020, the Federal Inland Revenue Service (FIRS) issued a notice stated that taxpayers can apply for a relief from interest and penalties until 31 December 2020 on outstanding taxes arising from audit related tasks, investigations, or any other tax assessments.
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RF Report Nigeria has been officially removed from the Financial Action Task Force (FATF) grey list, according to a release from the Ministry of Finance on 26 October 2025. The removal of Nigeria from the FATF grey list marks a major
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