#firstbank – BUSINESS ECHO MAGAZINE

FirstBank Announces Name Change For Its Subsidiaries

…Reiterates commitment to boosting cross-border business opportunities in Africa and the world First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased...

Money Market6 months ago

FirstBank’s Image Untainted, Disregard Spurious Allegation

Olushola Okunlade Writes FirstBank of Nigeria has reacted to deteriorating and sensational reports by some online publications on a charge bought against the bank. The said...

Money Market6 months ago

FirstBank Calls For Application To 3rd Edition Of FirstBank Management Associate Programme FMAP

By Moninuola Sulaiman First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the call for participation in the third season...

Money Market7 months ago

FirstBank Unveils Initiatives To Commemorate International Women’s Day

IWD Theme for 2023 “DigitALL: Innovation and technology for gender equality, ” By Moninuola Sulaiman FirstBank of Nigeria has revealed that it would be organising the...

Public service recognition a morale booster for us, FIRS The Executive Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that his recognition by the LEADERSHIP Awards as the Newspaper’s Public Service Person of the Year 2022 is a morale booster for the Service to do more. Mr. Nami stated this while speaking to journalists after receiving the LEADERSHIP Public Service Person of the Year 2022 Award at the 14th Edition of the LEADERSHIP Annual Conference and Awards, held at the International Conference Centre, Abuja yesterday. “We feel honoured to receive this award, and in fact feel more indebted to Nigerians to do better in the years to come,” he noted. “We are grateful to the media, and most especially the LEADERSHIP Newspaper for finding us worthy of this honour. “Permit me to dedicate this Award to the FIRS family, and rename it as ‘the LEADERSHIP Public Institution of the Year Award 2022’—not Muhammad Nami’s. This Award is the result of a collective effort. It is because of team work that we have been able to achieve what we have done at the FIRS.” The FIRS boss stated that the Award was a recognition for the reforms that the Service had carried out, and their consequent results. “We have carried out so many reforms that have brought us to this proud moment: we have rebuilt the institutional structure of the Service; we have ensured we carry our taxpayers along; we have created an environment for ease of tax payment; we have deployed big data in our operations; we have taken our stakeholders—including the media, seriously; among many others. “When we came on board, we met a Service that was collecting tax revenue within the region of 5 trillion for a period of nine years. In 2021 we broke that jinx, and crossed over the 6-trillion Naira mark. We did not rest on our oars, in 2022, by sheer determination and collective effort we raked in N10.1 trillion in tax revenue—the highest sum in our nation’s history.” Speaking on the prospects for the year 2023, Mr. Muhammad Nami stated that the FIRS would do everything within its means to ensure that government does not lack the needed resources to cater for the needs of the Nigerian people. “It is not easy to collect taxes. I believe that after the issue of tackling insecurity, the second most difficult task for our government is to collect taxes. But we will continue to appeal to Nigerians to pay their taxes, and help them understand that without taxes, salaries cannot be paid; without taxes, roads cannot be built; without taxes our lives and properties cannot be secured. “I want to assure Nigerians that we would do everything within our means to ensure that the governments at the three tiers are funded to provide these services and needs to the Nigerian people. “We have already commenced the journey to do better, well before the new year. We have appointed telecommunication companies and deposit money banks to act as agents of VAT collection for us. They would deduct VAT at source from their Contractors and, or Service providers, and remit same to us. “Also, we are extending our collaboration further, beyond local local stakeholders and engaging with the international community to ensure that we have seamless flow of information required for tax administration. “We would also work tirelessly to ensure that we improve our automation so that we are able to serve our taxpayers better than previous years.”

Business8 months ago

Public Service Recognition Morale Booster For Us, FIRS – Nami

Olushola Okunlade Writes The Executive Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that his recognition by the LEADERSHIP Awards as the Newspaper’s...

Money Market8 months ago

FirstBank Opens Saturday, Sunday Nationwide To Deposit Old Naira Notes Till January 31 Deadline

Written By Olushola Okunlade In line with FirstBank’s drive to always put YouFirst (customers), the bank branches nationwide will be open this Saturday, 28 January 2023, and Sunday, 29...

FirstBank ConvenesNigeria Economic Outlook Webinar For 2023

Economy8 months ago

FirstBank Hosts Nigeria Economic Outlook Webinar For 2023

Olushola Okunlade Writes FirstBank of Nigeria has announced the 2023 edition of its Nigeria Economic Outlook event. The virtual event themed “Nigeria Economic Outlook 2023: A look...

Money Market9 months ago

Interview: Banks, Customers Must Approach 2023 With Partnership Mindset – Adeduntan

The Managing Director/Chief Executive Officer of FirstBank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses...

WHY THE 2022 EDITION OF DECEMBERISSAVYBE BY FIRSTBANK WASN’T JUST ABOUT THE EXCITEMENT BUT MEMORIES

Money Market9 months ago

Despite Difficult Times, FirstBank Excited Families With Unique “Decemberissavybe” Experiences

It was glitz and glamour as the premier and leading financial institution in the country, FirstBank thrilled their customer with a memorable “DecemberIssaVybe” at the just concluded Vibe...

Money Market9 months ago

Why 2022 Edition Of Decemberissavybe By FirstBank Wasn’t Just About Excitement But Memories

By Farouk Mohammed The 2022 edition of “#DecemberIssaVybe” by FirstBank, Nigeria’s premier financial institution, has stood the test of time as it yet again created exciting...

BUSINESS ECHO MAGAZINE

All posts tagged "#firstbank"

FirstBank Announces Name Change For Its Subsidiaries

FirstBank’s Image Untainted, Disregard Spurious Allegation

FirstBank Calls For Application To 3rd Edition Of FirstBank Management Associate Programme FMAP

FirstBank Unveils Initiatives To Commemorate International Women’s Day

Public Service Recognition Morale Booster For Us, FIRS – Nami

FirstBank Opens Saturday, Sunday Nationwide To Deposit Old Naira Notes Till January 31 Deadline

FirstBank Hosts Nigeria Economic Outlook Webinar For 2023

Interview: Banks, Customers Must Approach 2023 With Partnership Mindset – Adeduntan

Despite Difficult Times, FirstBank Excited Families With Unique “Decemberissavybe” Experiences

Why 2022 Edition Of Decemberissavybe By FirstBank Wasn’t Just About Excitement But Memories

Mayor Of Houston Texas Endorses Fidelity Bank’s Trade Expo (FITCC)

Hon. Angadia Eminent Chides Gov. Diri Over Neglect Of Ogbotobo Community

eTranzact CEO Bags BusinessDay Top 25 CEOs Award

NNPC Board Chairman Commends Nigeria’s Participation At OTC 2022

Seplat Energy Appoints Ezugworie As COO, Executive Director Board

Institute For Tourism Professionals Elected Otunba Ayo Olumoko As Zonal Vice President