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Policy and Regulations

NRS warns tax leakages threaten ₦40tn revenue target

The Nigeria Revenue Service has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten its target of generating about N40tn in revenue for the federation in 2026. Nairametrics reported that the agency raised the concern on Tuesday at the National Workshop on Strengthening Tax Compliance […]

Economy

Tinubu’s reforms prevented 120% inflation in Nigeria — NRS boss

The Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, on Tuesday said inflation in Nigeria could have risen as high as 120 per cent without the sweeping economic reforms introduced by the Federal Government. Adedeji stated this in Abuja during the commissioning of the NRS headquarters, noting that the reforms helped to stabilise prices […]

featured Finance

New tax ID portal to go live January 2026 — JRB, NRS

The Joint Revenue Board, formerly known as the Joint Tax Board, alongside the Nigerian Revenue Services, previously called the Federal Inland Revenue Service, have announced the launch of the Nigerian Tax ID Portal. The organisations disclosed that the portal will officially go live on January 1, 2026, marking a major step in the ongoing tax […]