The Nigeria Revenue Service (NRS) has officially commenced compliance monitoring for large taxpayers under the National E-Invoicing and Electronic Fiscal System (EFS), also known as the Merchant Buyer Solution (MBS).For businesses operating at scale, this is more than a regulatory update—it is a call to action. Organizations are now expected to complete onboarding, system integration,...
A furniture company in Lagos just closed a ₦25 million contract. Finance sends the invoice, waits for payment – then the client asks for an IRN, a QR code, and proof of e-invoicing compliance. Suddenly the team is staring down a wall of acronyms: TIN, MBS, APP, SI, IRN, UBL, PEPPOL. If that sounds overwhelming,...
Nigeria’s tax reform story in 2025 and 2026 has been genuinely remarkable. The Nigeria Tax Act 2025 and the Nigeria Tax Administration Act 2025, the most comprehensive reworking of our tax laws in decades, are signed and in force. The National Revenue Service is live. The e-invoicing mandate is operational. For the first time in...
At the National Tax Forum 2026 held at the University of Lagos on July 2 and 3, 2026, our CEO, Bidemi Daniel Olumide (BD), made the case for what he called the 5th Pillar of Nigeria’s modern tax architecture.Four pillars are already built and operational: Digital Identity (NIN/BVN), Payments Rail (NIBSS), Rev360, and mandatory e-Invoicing....








