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Tax evasion: 5 weeks after closure, FirstBank reopens for business in Kogi

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First Bank of Nigeria Plc has reopened all its branches in Kogi state after over a month of closure due to alleged evasion of tax to the tune of N411.12m.

A high court in Lokoja had ordered the seal-off of branches of the bank in the state over the bank’s alleged failure to remit N411.12m to the coffer of the state government.In response to the court order, Kogi State government on September 13, 2022, sealed-off branches of FirstBank in the state.

 

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