Browsing Tag
NRS
5 posts
NRS Mandates E-Invoicing Compliance for Large Taxpayers by July 31
The Nigeria Revenue Service has announced a July 31, 2026, deadline for large taxpayers to implement the national e-invoicing and Electronic Fiscal System.
British High Commissioner Endorses President Tinubu’s Economic Policy Shifts
Outgoing British High Commissioner Richard Montgomery has voiced support for President Tinubu's economic reforms, asserting they are vital for long-term growth despite current challenges.
A Year of Economic Progress: How President Tinubu’s Tax Reforms Are Shaping Nigeria
One year after President Tinubu signed major tax reforms into law, Nigeria is seeing record-breaking revenue growth and a reduced reliance on volatile oil income.
Nigeria Revenue Service mandates e-invoicing for large taxpayers by July 31
The Nigeria Revenue Service has set a July 31, 2026, deadline for large taxpayers to transition to the mandatory national e-invoicing system or face potential regulatory penalties.
LCCI Seeks Deadline Extension and Penalty Relief Following Rev360 Platform Failures
The Lagos Chamber of Commerce and Industry urges the NRS to extend the June 30 CIT filing deadline and waive penalties following widespread technical issues with the new Rev360 tax portal.