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...
January 13, (THEWILL) — Top executives from global professional services firm, KPMG Nigeria, met with Zacch Adedeji, the Chairman of the Nigeria Revenue Service (NRS), in Abuja on Monday, to address concerns arising from critiques of the country’s...
January 04, (THEWILL) — As we close the curtains on the Federal Inland Revenue Service (FIRS) in 2025 and officially welcome the Nigeria Revenue Service (NRS) in 2026, we can see this moment as a change in how our...
January 01, (THEWILL) — The Federal Inland Revenue Service (FIRS) has unveiled its new institutional brand identity as it officially metamorphosed into the Nigeria Revenue Service (NRS).
The development ushers in a new dawn in revenue administration in the country...
June 26, (THEWILL) – President Bola Tinubu has signed into law four groundbreaking tax reform bills that will transform Nigeria’s fiscal and revenue framework.
The President assented to the four bills on Thursday, at the Presidential Villa, Abuja, during a...
The Edo State opposition accuses Governor Monday Okpebholo of making baseless allegations against former governors Godwin Obaseki and Peter Obi, urging him to focus on delivering tangible development rather than deflecting criticism of his administration.
