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Tag: NRS

Scams

NRS says no recruitment is ongoing, disowns viral FIRS job notice

The Nigeria Revenue Service has cautioned members of the public against a fake recruitment notice making the rounds on social media and other online platforms, which claims to offer employment opportunities within the agency. In a public notice, the NRS said the advertisement, titled “Federal Inland Revenue Service – FIRS Job Vacancy – Replacement,” is […]

Business

PwC flags gaps in new NRS virtual asset tax guidelines

PwC Nigeria has identified several areas of ambiguity in the Nigeria Revenue Service’s newly issued Guidelines on the Taxation of Virtual Assets, even as it urged tax payers to brace for the implementation. The firm, in a tax alert titled Taxing the intangible: A critical analysis of the NRS guidelines on taxation of virtual assets, […]

Business

NRS sets July 31 deadline for large firms to adopt e-Invoicing

The Nigeria Revenue Service has directed all large taxpayers to fully adopt the national e-invoicing and Electronic Fiscal System by July 31, warning that non-compliant companies could face regulatory and enforcement actions under existing tax laws. The directive was disclosed in a statement issued on Sunday by Dare Adekanmbi, Special Adviser on Media to the […]

Finance

NRS unveils Rev360 digital platform to boost tax compliance

The Nigeria Revenue Service has unveiled Rev360, its next-generation digital tax administration platform designed to deliver a more integrated, intelligent, and taxpayer-centric tax administration experience, which will also identify tax evaders. Vanguard reported that speaking at the event in Abuja, on Wednesday, Executive Chairman of the Nigeria Revenue Service, Dr. Zacch Adedeji, described Rev360 as […]

Finance

NRS pledges fair mining royalty collection under new tax regime

The Nigeria Revenue Service has pledged transparent and fair administration of mining royalties under the new tax laws that transferred the collection of mineral royalties and related fees to the agency. The agency also pledged to ensure transparency, fairness and accountability in the administration of the mining sector under the 2025 reforms signed into law […]

Business

NRS introduces single tax identity framework across Nigeria

The Nigeria Revenue Service in partnership with the Joint Revenue Board, has unveiled a new Taxpayer Identification system for all taxable persons across the country. The announcement was made in a public notice released on Monday. According to the NRS, the initiative aligns with Sections 6, 7, and 8 of the Nigeria Tax Administration Act, […]

Finance

NRS extends office hours to ease June tax filing

The Nigeria Revenue Service has announced the extension of its operations to Saturdays as part of efforts to support taxpayers using its newly launched tax administration platform, Rev360. The development becomes important as the service prepares for the June peak period for tax filing. The disclosure was contained in a statement signed by the Executive […]

Business

NRS launches Rev360 platform to modernise tax collection

The Nigeria Revenue Service has announced the official rollout of its new tax administration platform, Rev360, which will be deployed in phases starting with medium and emerging taxpayers. In a statement issued on Thursday titled “Nigeria Revenue Service Launches Rev360, Marking Transition to Tax Administration 3.0,” the Service confirmed the launch. It described the development […]

Business featured

NRS takes over mineral royalty collection nationwide

The Nigeria Revenue Service has assumed responsibility for collecting mineral royalties from mining operators nationwide following the implementation of the Nigeria Tax Laws 2025. The move was disclosed after a meeting in Abuja between Solid Minerals Minister Dele Alake and NRS Chairman Zacch Adedeji, according to a statement issued Friday by Dare Adekanmbi, adviser to […]

Finance

NRS accredits Pillarcraft to support digital tax compliance

Pillarcraft Cloud Solutions has been accredited as a System Integrator for Nigeria’s new e-invoicing regime, a development that highlights the Federal Government’s intensified push for digital tax compliance and places increased pressure on companies to align their accounting systems with the Nigeria Revenue Service reporting platform. The company confirmed the approval in a statement issued […]

featured Finance

Tax reforms: NRS is more than branding, says chairman

Nigeria’s newly established Nigeria Revenue Service has said that its emergence as a replacement for the defunct Federal Inland Revenue Service represents a major overhaul of the country’s revenue administration framework rather than a mere change of name. The Executive Chairman of the NRS, Dr Zacch Adedeji, made this known during a television interview monitored […]

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