NRS

May 18, (THEWILL) — The Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), has announced the implementation of a unified Taxpayer Identification (Tax ID) system aimed at strengthening tax administration and improving service delivery across...

May 08, (THEWILL) — The Nigeria Revenue Service (NRS) has announced that its tax offices nationwide will begin operating on Saturdays to assist taxpayers using its newly introduced digital tax platform, Rev360, ahead of the June peak filing season. The...

April 30, (THEWILL) — The Nigeria Revenue Service (NRS) has launched Rev360, a next-generation tax administration platform, marking a major step in the country’s shift toward a more modern and efficient tax system. The rollout will be implemented in...

April 14, (THEWILL) — President Bola Tinubu, on Tuesday, commissioned the new Corporate Headquarters of the Nigerian Revenue Service (NRS) in Abuja, describing the facility as a major step in the Federal Government’s drive to modernise tax administration and...

February 26, (THEWILL) — The NRS has set an ambitious revenue target of ₦40.7 trillion for the 2026 fiscal year, signalling a renewed push to strengthen tax administration and expand the national revenue base amid ongoing fiscal reforms...

February 17, (THEWILL) — eTranzact International Plc has expressed strong support for the phased rollout of the National Revenue Service (NRS) electronic invoicing initiative, describing the move as a critical step toward improving tax administration, transparency, and digital...

February 17, (THEWILL) — The Nigeria Revenue Service (NRS) has begun a phased rollout of an electronic invoicing and fiscal monitoring system to strengthen tax compliance and boost revenue. The reform comes as Nigeria’s tax-to-GDP ratio remains below 10 percent...

February 16, (THEWILL) — The Nigeria Revenue Service (NRS) has clarified that the Nigeria Tax Act 2025 does not impose a 25 per cent tax on building materials, construction funds, or related transactions, dismissing circulating claims as false...

February 11, (THEWILL) — The Nigeria Revenue Service (NRS) has set a ₦40.71 trillion revenue target for the 2026 fiscal year, representing a 44% increase over the ₦28.3 trillion it collected in 2025, signalling renewed momentum in the country’s...

January 15, (THEWILL) — The Nigeria Revenue Service (NRS) has clarified that Value Added Tax (VAT) on banking fees and related service charges is not a new development. The agency dismissed reports suggesting that the Nigeria Tax Act 2025...