NRS

NRS Projects ₦40.7trn As Collections Rise 44%

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...

VAT On Banking Fees Not New – NRS

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...

KPMG, NRS Meet To Resolve Concerns Over New Tax Laws

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...

NRS: A New Dawn is Here as We Draw the Curtains on FIRS

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...

FIRS (NRS) Unveils Official Logo As New Tax Laws Take Effect

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...

BREAKING: NRS Replaces FIRS As Tinubu Signs Four Tax Reforms Bills Into Law

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...
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Lagos Viral Harassment Video: Police Detain Officers, Disband Tactical Team

The Police Command in Lagos State has detained four officers captured in a viral video allegedly harassing a young man in Odoguyan area of Ikorodu, pending disciplinary proceedings.
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