Business
FIRS Appoints New Directors, Retires Others
The Board of Federal Inland Revenue Service (FIRS) has approved the appointment of four Coordinating Directors (CD) and two Group Leads (GL) in acting capacity and retired some directors.
Director, Communications and Liaison Department of the FIRS, Mr Abdullahi Ismaila, made this known in a statement in Abuja, yesterday.
Ismaila said the appointment was part of ongoing-internal reforms to reposition the service towards achieving its N8.5 trillion tax target.
He explained that the FIRS Board took the decision at its emergency meeting held on Friday during which it also approved the retirement of some directors.
He said the board approved the retirement of all directors who had served for eight years and above as directors in the service, in line with Para 10.1(a)(iii) of Human Resources Policy and Programmes (HRPP)” of the FIRS statute.
According to him, the newly appointed coordinating directors are Dr Asheikh Maidugu who is now in charge of Executive Chairman’s Group; Mr Olufemi Oladeji Oluwaniyi, Tax Operations Group, Mr Innocent Chinyere Ohagwa, General Services Group and Mr Ezra Usman Zubairu, who is in charge of Enforcement Support Group.
Those appointed as Group Leads are Mrs Faosat Ogunniyi, in charge of Compliance Support Group and Ms. Chiaka Okoye, in charge of Digital Support Group.
Ismaila said the appointments took immediate effect and would subsist for six months.
He added that the Board and Management of the FIRS congratulated the new appointees and enjoined them and other workforce to continue to work hard and support management towards meeting and surpassing the revenue targets.
The Board and Management also thanked the retired directors for their inestimable contributions to the FIRS and the country while in public service, and wished them well in their future endeavours.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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