Category: Business

NRS BEGINS E-INVOICING COMPLIANCE MONITORING: WHAT LARGE TAXPAYERS NEED TO KNOW BEFORE THE JULY 31 DEADLINE

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,...
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Digital Tax Administration & Modernization

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....
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E-Invoicing Compliance in Nigeria: Navigating the New Digital Tax Frontier

Introduction Electronic invoicing (e-invoicing) is rapidly reshaping tax compliance and fiscal transparency in Nigeria. Spearheaded by the Nigeria Revenue Service (NRS), the national e-invoicing regime introduces a real-time, digital invoice validation infrastructure that integrates business invoicing systems directly with government tax platforms. This initiative aligns Nigeria with global best practices in digital tax administration and...
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E-Invoicing Compliance in Nigeria — A Strategic Guide for Businesses

Background & Policy Context Nigeria’s tax authority, now the Nigeria Revenue Service (NRS, formerly the Federal Inland Revenue Service or FIRS), has introduced a National E-Invoicing & Electronic Fiscal System (EFS) to modernize tax administration, reduce revenue leakages and enhance transaction traceability. This system shifts invoicing from traditional paper or simple PDF invoices to structured...
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PayOnigbongbo: Powering a Smarter Future for Revenue Collection

In June 2026, Onigbongbo LCDA will officially launch PayOnigbongbo, a modern digital payment platform developed by TaxTech under the broader TServe initiative. This launch marks another successful government collaboration and a significant step toward more transparent, efficient, and citizen-friendly revenue administration. The TServe Solution TServe is TaxTech’s integrated revenue management solution designed to help governments...
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