1/4/2010
AFRIBANK has partnered the Federal Inland Revenue Service (FIRS) for its collection of endowment fund. This is aimed at enhancing its revenue collection drive and accountability.
The endowment fund, according to FIRS, will be utilized for the management of professional chairs to support capacity building in taxation for academic and research purposes in seven universities.
To this end, FIRS has advised individuals and public institutions in the states to pay into the endowment fund account at any of the 300 branches of Afribank nationwide.
Business Jan.4, 2010. pg10