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Nestlé ‘recovers all plastic’ placed on Nigerian market

  • 23rd January 2026

Tinubu approves commercial oil exploration at Tongeji Island,

  • 23rd January 2026

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Tag: Zacch Adedeji

featured Finance

No VAT on transfers but bank service fees — NRS

The Nigeria Revenue Service has dismissed reports claiming that Value Added Tax is being charged directly on bank transfers, clarifying that the 7.5 per cent VAT applies only to service fees charged by banks and not to the funds transferred by customers. In a statement issued on Thursday, the revenue agency described recent media reports […]

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 […]

FIRS announces new TAXPR-MAX platform for CbCR
featured Policy and Regulations

FIRS rules out company taxes’ increment

The acting chairman of the Federal Inland Revenue Service, Zacch Adedeji, has assured top corporate organisations that the agency’s goal of increasing the country’s tax-to-GDP ratio to 18 per cent from 10.86 will not result in higher taxes or new taxes.   He said the President Bola Tinubu-led administration is committed to creating a conducive […]

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