…tax evasion allegations filed by the Federal Inland Revenue Service (now known as the Nigeria Revenue Service). The report noted that the American executive remained in detention for approximately eight months while judicial proceedings continued. The charges against him were eventually withdrawn on humanitarian ground…

…tax.” The liabilities, according to the report, were due for remittance to the Nigeria Revenue Service, FCT Inland Revenue Service, Pension Fund Administrators and contractors. The Auditor-General also faulted the councils for failing to properly maintain and update their fixed asset registers. The report specifically…

The Nigeria Revenue Service has sealed the headquarters of Kaduna Electric in Kaduna over alleged outstanding statutory tax liabilities, the News Agency of Nigeria reports Monday. The enforcement action is contained in a non-compliance notice posted at the entrance of the company’s premises on the order of the NRS Exec…

…inclusion and exclusion of some party leaders and other political figures including the Nigeria Revenue Service boss and the Defense Minister. He said the list remained valid, stressing that the party was yet to constitute all the subcommittees that would make up the campaign structure. "As it is with every other list,…

The inclusion of the Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, and the Director-General of the Budget Office of the Federation, Taminu Yakubu, in the All Progressives Congress (APC) Presidential Campaign Council for the 2027 election has sparked criticism, with former Kogi West Senator Dino Melaye t…

…Dino Melaye, has said he will challenge in court the appointment of the Chairman of the Nigeria Revenue Service, Zacch Adedeji, to the All Progressives Congress Presidential Campaign Council for the 2027 election. The chieftain of the African Democratic Congress in Kogi State also criticised President Bola Tinubu’s dec…

…market conditions and pushed the naira to about N3,500 to the dollar, chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has said. The post Fuel subsidy could have cost Nigeria N53trn, pushed naira to N3,500/$ — NRS chair appeared first on Tribune Online.

The Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, has dismissed concerns over the alleged lavish lifestyles of public officials. Adedeji said President Bola Tinubu does not live extravagantly despite his position. He stated this during an interview with Channels Television, on Sunday, where he was q…

•Expert says NRS trying to prevent payment on fictitious naira gains The Nigeria Revenue Service (NRS) and the Joint Revenue Board (JRB) have issued comprehensive guidelines on the regulation and taxation of virtual asset peer-to-peer (P2P) marketplaces, ending years of regulatory ambiguity for Nigeria’s cryptocurrency…

…in less than three years, rising from N12.3tn in 2023 to N27.1tn as of July 2026, the Nigeria Revenue Service has said. The revenue authority attributed the sharp increase to the digitisation of the tax system, the enactment of four new tax reform laws, the transformation of the revenue service and an executive order a…

The Nigeria Revenue Service has issued comprehensive guidelines on the taxation of virtual assets, providing a regulatory framework for the taxation of cryptocurrency and other digital asset transactions in line with the Nigeria Tax Act, 2025, and the Nigeria Tax Administration Act, 2025. The new guidelines are aimed a…

…of the committee comprises representatives of the Federal Ministry of Finance, the Nigeria Revenue Service, the Nigeria Customs Service, the Federal Ministry of Industry, Trade and Investment, the Joint Revenue Board, the Manufacturers Association of Nigeria, the Tax Advisory Committee and the Tax Justice and Governanc…

…Character has ordered the immediate suspension of all recruitment activities by the Nigeria Revenue Service (NRS), while threatening to invoke its constitutional powers to sanction the agency’s Executive Chairman, Zacch Adedeji, over his repeated failure to honour legislative invitations. The committee, chaired by Hon.…

…moves towards a digital tax administration system driven by electronic invoicing, the Nigeria Revenue Service has said. The e-invoicing framework, which is being introduced through a phased rollout, is designed to improve transaction visibility, reduce revenue leakages and strengthen compliance by enabling tax authorit…

…establishes a Virtual Asset Council chaired by the Central Bank of Nigeria, with the Nigeria Revenue Service and the Securities and Exchange Commission as vice-chairs, alongside the Nigerian Financial Intelligence Unit and the Office of the National Security Adviser as members. The council will provide policy direction…

THE Nigeria Revenue Service (NRS) has reaffirmed its dedication to fostering voluntary tax compliance, exactly one year after the rollout of Nigeria’s comprehensive tax reform initiatives. In an earlier statement marking the anniversary, the NRS described taxpayer education as a critical pillar in sustaining the gains…

…and medium taxpayers prepare to onboard later this year. Across the ecosystem, the Nigeria Revenue Service (NRS), accredited platform providers, and technical partners are scaling up engagement to support the transition. The NRS e-invoicing framework requires businesses to transmit invoices through the Merchant Buyer S…

…to the deceased's distinguished career at the Federal Inland Revenue Service, now the Nigeria Revenue Service, where he rose to the rank of senior officer and earned recognition as a financial expert and accomplished public servant. "His exemplary career in the Federal Inland Revenue Service was marked by professionali…

…old regime to the new framework. Under the Guidelines, the Tax Acts 2025 comprising the Nigeria Revenue Service (Establishment) Act, the Nigeria Tax Act, the Nigeria Tax Administration Act, and the Joint Revenue Board (Establishment) Act apply from the respective commencement dates as enacted in each law. In particular…